Morning trading May 17, page-4

FFG this can and will get bigger and better , things are happening

17 May 2021
ASX Announcement
Fatfish Completes Acquisition of Payment Gateway Provider
with A$380million Annual Transactions
Reference is made to the ASX announcement by Fatfish Group Ltd (“FFG” or the
“Company”) on 26 April 2021 regarding FFG’s 55% acquisition of Southeast Asian-based
Pay Direct Technology Sdn Bhd (“Pay Direct”), which operates QlicknPay, a payment
gateway technology solution that allows financial institutions to rapidly onbard
merchants to accept online payments.
FFG is pleased to announce that the acquisition has been completed.
FFG’s Group CEO, Kin W. Lau commented “We are pleased to have been able to move
quickly to complete the acquisition of Pay Direct. This strategic acquisition will
complement FFG’s goal to accelerate its Buy Now Pay Later and other digital financing
services in Southeast Asia”.
Clients of Pay Direct include OCBC Bank (second largest bank in Southeast Asia) & Public
Bank - one of Malaysia’s most profitable banks (sixth largest in Southeast Asia).
Businesses that process payments online using Pay Direct’s payment gateway include:
Wise (formerly TransferWise), TeaLive (Southeast Asia's largest lifestyle tea brand) and
more than 500 other merchants.
Pay Direct currently processes monthly