18th Feb refresher belowFFG is pleased to update that...

18th Feb refresher below

FFG is pleased to update that Smartfunding has completed the development of its online platform in preparation for the roll out of its BNPL service. The platform is now undergoing final testing, and the new BNPL service is targeted to be launched in Singapore on 18 February 2021.To recap, FFG holds an approximately 78.7% stake in Smartfunding, of which 19.9% stake is held directly; and the remaining 58.8% is held via FFG’s Swedish subsidiary Abelco Investment Group AB.This announcement has been authorised by the Board of Directors of FFG.