Hong Kong-based Currenc Group has completed a leadership transition nearly one year after its Nasdaq listing, with founder and executive chairman Alex Kong set to succeed Dr Ronnie Hui as CEO.
Image: LinkedIn
The company began as Seamless Group in 2013 before combining with INFINT Acquisition Corporation, a special purpose acquisition company, in August 2024. This merger enabled Currenc to become publicly traded, with shares beginning to trade on Nasdaq under the ticker symbol “CURR” on 3 September 2024.
Hui had served as CEO of Seamless since January 2022 and maintained that responsibility when the company became Currenc in August 2024. Kong, who founded the company and has been a board member since 2014, also leads TNG, an e-wallet serving over 700,000 users in Hong Kong. His professional background includes chairman positions at Wall Street Factory and Global E-Money Alliance.
Currenc’s portfolio encompasses five companies: Seamless AI, which develops AI-driven solutions for customer interactions; Currenc Capital, an investment arm focused on AI data centres, fintech, and sustainable technology; Currenc Power Corp, which builds energy-efficient AI data centres; Tranglo, a cross-border payment system acquired in 2018; and WalletKu, a digital identity and payment solution for Indonesian users.
In April, the company bolstered its executive team by appointing former investment banker Wan Lung Eng as chief financial officer.
Source: https://www.fintechfutures.com/
