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OxPay Wins More Time to Secure Bhutan Money Services Licence

Story Highlights
  • OxPay obtained more time to satisfy regulatory conditions for a Bhutan licence.
  • The extension preserves OxPay’s Bhutan ambitions, though licence approval remains uncertain.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OxPay Wins More Time to Secure Bhutan Money Services Licence

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OxPay Financial Limited ( (SG:TVV) ) has issued an update.

OxPay Financial has received an extension from Bhutan’s Gelephu Financial Services Office until 26 March 2026 to meet the remaining regulatory pre-conditions tied to its in-principle approval for a financial services licence in Gelephu Mindfulness City. The extension keeps alive OxPay’s plan to launch regulated money services from the new Bhutanese hub, but the company cautioned investors that there is still no certainty the licence will ultimately be granted and said it will update the market upon further material developments.

The most recent analyst rating on (SG:TVV) stock is a Hold with a S$0.04 price target. To see the full list of analyst forecasts on OxPay Financial Limited stock, see the SG:TVV Stock Forecast page.

More about OxPay Financial Limited

OxPay Financial Limited is a Singapore-incorporated fintech group that provides regulated money and payment services. Listed on Catalist, the company focuses on digital financial solutions and cross-border payment capabilities in regional markets.

Average Trading Volume: 1,616,975

Technical Sentiment Signal: Hold

Current Market Cap: S$14.63M

Learn more about TVV stock on TipRanks’ Stock Analysis page.

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