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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q4 FY2025
As of Dec 31, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
ASSETS
Current assets:
Cash
Cash and cash equivalents
Short-term investments
Restricted cash
Accounts receivable, net
Prepayments to remittance agents
Escrow money receivable
Other financial assets
Amounts due from related parties
Prepayments, receivables and other assets
Total current assets
Cash and marketable securities held in Trust Account
Non-current assets:
Investment in an equity security
Equipment, net
Right-of-use asset
Intangible assets
Intangible assets, net
Goodwill
Deferred tax assets
Total non-current assets:
Total assets
LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)
Current liabilities:
Accrued expenses
Nonrelated Party
Related Party
Total accrued expenses
Working capital loan- related party
Promissory note- Seamless Note
Borrowings
Receivable factoring
Escrow money payable
Client money payable
Other financial liabilities
Accounts payable, accruals and other payables
Amounts due to related parties
Nonrelated Party
Related Party
Total amounts due to related parties
Convertible bonds
Lease liabilities
Total current liabilities
Deferred underwriter fee payable
Non-current liabilities:
Borrowings
Convertible bonds
Deferred tax liabilities
Employee benefit obligation
Lease liabilities
Other payables
Total non-current liabilities:
Total liabilities
Class A ordinary shares subject to possible redemption; 4,747,021 and 7,408,425 shares at redemption value, respectively
Common Class A
Total class A ordinary shares subject to possible redemption; 4,747,021 and 7,408,425 shares at redemption value, respectively
Mezzanine equity
Shareholders’ equity (deficit):
Ordinary shares (US$0.0001 par value; 555,000,000 shares authorized 76,611,444 and 46,527,999 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively)
Common Class B
Total ordinary shares (US$0.0001 par value; 555,000,000 shares authorized 76,611,444 and 46,527,999 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively)
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income
Total shareholders’ deficit attributable to Currenc Group Inc.
Non-controlling interests
Total equity/(deficit)
Total liabilities and shareholders’ equity/(deficit)

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