Brief: Fatfish To Launch Buy-Now-Pay-Later For Corporates

Abelco Investment AB

25/11/2020 01:32

Nov 25 (Reuters) - Fatfish Group Ltd  FFG.AX :
    * FATFISH TO LAUNCH BUY-NOW-PAY-LATER FOR CORPORATES-FFG.AX
    * TO LAUNCH BUY-NOW-PAY-LATER (BNPL) FOR CORPORATES ACROSS
SOUTHEAST ASIA VIA ITS SINGAPORE CENTRAL BANK-LICENSED INVESTEE
    * BNPL PLATFORM TO ALLOW SMES TO PROCURE EQUIPMENTS OR
SERVICES
FOR S$25,000 UP TO S$1 MILLION
    * ENTERED BINDING TERM SHEET TO ACQUIRE ADDITIONAL DIRECT
19.9%
STAKE IN SMARTFUNDING IN ADDITION TO STAKE HELD BY ABELCO
    * SMARTFUNDING HAS BEEN GRANTED BY SINGAPORE CENTRAL BANK
(MAS) A
CAPITAL MARKET SERVICES LICENSE
    * ENTERS BINDING TERM SHEET TO BUY ADDITIONAL DIRECT 19.9%
STAKE
IN SMARTFUNDING

Source text for Eikon:  ID:nASX9wLjz4 
Further company coverage:  FFG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))