Solowin Holdings Acquires Gello Finance to Secure Canadian MSB License

Reuters
Jan 13
Solowin Holdings Acquires Gello Finance to Secure Canadian MSB License

SOLOWIN HOLDINGS $(AXG)$, a financial technology firm specializing in bridging traditional and digital assets, plans to acquire Gello Finance Ltd. through its subsidiary AlloyX (Hong Kong) Limited. This move is aimed at obtaining a Canadian Money Services Business $(MSB)$ license, which will allow AXG to offer a range of financial services in North America, including foreign exchange, cross-border remittances, virtual currency services, and payment processing. Dr. Thomas Zhu, Director of AXG and CEO of AlloyX, stated that the acquisition will provide the company with the necessary infrastructure to facilitate seamless fiat and cryptocurrency conversions for North American clients, marking a significant step in its global expansion strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solowin Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9624539) on January 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10