Singapore-based FinTechs, TechCreate and Diginius, to Merge and Combine Together into an Integrated Fintech Enterprise, TechCreate Group; Focus on Powering the Future of Payments in Asia – QNT Press Release

– The enlarged FinTech enterprise, TechCreate Group, brings together two high-growth technology companies with unique and highly complementary solutions to deliver integrated and innovative payment solutions to banking and financial institutions in Asia
– The merger of both fintechs will be undertaken via a share swap transaction that will value TechCreate Group at USD$30 million based on a valuation completed by one of the Big Four accounting firms recently
– Among its banking, financial and telco customers in Asia include The Association of Banks in Singapore, Datastream Digital, Singapore Local Banks, Singapore State Holding Company, Government-Linked Companies (GLCs), among others

Singapore, Apr 19, 2022 – (ACN Newswire) – TechCreate Solutions Private Limited (“TechCreate”), a Singapore-based technology services group specialising in innovative digital payment and digitalisation solutions, and Diginius Pte. Ltd. (“Diginius”), a provider for IT security and infrastructure solutions, are pleased to announce a merger between both companies via a share swap transaction that will value the enlarged fintech enterprise, TechCreate Group, at USD$30 million, based on a valuation that was recently completed by one of the Big 4 accounting firms.

From left: Mr Lim Heng Hai, (Group CEO of TechCreate Group) and Mr Ronald Vong, (Managing Partner of TechCreate Group)

As a trusted leader in digital solutions, TechCreate has been at the forefront of technology innovation and since its establishment, it has developed its own proprietary Real-Time Payment Engine (RTE) that can further enhance the payment capabilities of financial and banking institutions. Leveraging With its technological expertise, legal experience and extensive operational track record, TechCreate has successfully enabled end-to-end digital …