Currenc Group raises up to $33 million in convertible note financing

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Currenc Group Announces up to $33 Million Convertible Note Financing

October 9, 2025 9:20 AM EDT

SINGAPORE, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Currenc Group Inc. (Nasdaq: CURR) (Currenc or the Company), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced an agreement to issue and sell up to $33.0 million of the Companys unsecured convertible promissory notes due October 8, 2027 (the Notes). After deducting related costs and expenses, the Company would receive $30.0 million in new funding if the financing is fully funded. An initial $4.4 million of principal amount has already closed, with net proceeds to the Company of $4.0 million, with the remainder to be drawn in tranches, subject... More