OxPay Financial Limited Faces Revenue Challenges and Opportunities
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OxPay Financial Limited (SG:TVV) is facing a significant 73% revenue drop in the first half of 2024. The company is working to optimize operational costs and explore new investment opportunities, including a proposed investment in PT Diners Payment Indonesia. Despite partnerships with notable banks, revenue benefits have not yet materialized, although recent developments with DCS Card Centre show potential. Shareholders are closely monitoring for further announcements and improvements in financial performance.
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