WELLCELL HOLD: Acquires TCSP licensed company and launches new feature FOPAY
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WELLCELL HOLD announced that it has completed the acquisition of 80% equity in Hwabao Trust Limited. The target company holds a TCSP license, enhancing Fopay's user services. Fopay will launch new features for cross-border transfers and QR code payments, utilizing stablecoins to achieve a low-cost and high-transparency payment experience. The group will continue to explore investment opportunities, ensuring compliance with laws and regulations to achieve sustainable growth and shareholder returns
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