The Announcement says it is about "...a Material Development in their BNPL services."
My guess (like everyone else only a guess) - is they will hook up with Fatberry in Malaysia (Fatfish's version of "I-Select" where you choose your insurance) and offer a consumer service BNPL, not just corporate.
So I think a wider expansion into Malaysia may be on the cards..
"The Singaporean central bank has licenced the Smartfunding platform, which has launched a BNPL financing program for corporations in the South East Asia region.
This BNPL service is now taking applications, which are then automatically process via Smartfunding's proprietary online platform, which was developed primarily by Fatfish's in-house venture builder team."
Just my 2c, but I don't know jack...
Ann: Trading Halt, page-80
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