Some further information on the recent JazzyPay acquisition.
ASEAN Fintech Group (“AFG”), is a venture corporation that concentrates in accelerating fintech adoption through accretive value.
AFG has acquired JazzyPay Inc for US$1.8m (approx AU$2.54m).JazzyPay is a digital payments provider that allows businesses of various sizes and types to accept cashless payments securely and seamlessly.
The acquisition builds on AFG’s vision to create a regional omnichannel platform in the fintech space.
AFG’s 2022 goals include expansion into Vietnam and Cambodia.
AFG is 53% owned by Abelco which in turn is 50.1% owned by Fat Fish Group.
In 2021,AFG spent over US$10m on investing in the ASEAN region.
AFG also owns 36.5% of Fatberry and 49.4% of Smartfunding.
Fatfish Group's MV currently ascribes no value to holdings apart from ownership of approx.30% of ICI and 50.1% of Abelco.
IMO, FFG is significantly undervalued.
DYOR
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Some further information on the recent JazzyPay...
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No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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30 | 8418225 | 0.009 |
9 | 1467375 | 0.008 |
4 | 1200000 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
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0.012 | 2803557 | 7 |
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