Currenc Group reports $18.5M net loss in FY2025 amid AI pivot and $400M Tranglo sale plan

Currenc Group Inc. announced a net loss of $18.5 million for fiscal year 2025, driven by strategic shifts including exiting lower-margin airtime services and focusing on AI and Web3 solutions. The company reported $5.6 billion in total processing value via Tranglo, with remittance revenue up 22%, but overall revenue declined 10.3% due to airtime revenue drops. Key moves include a planned $400 million sale of Tranglo and a proposed merger with Animoca Brands to create a diversified digital assets conglomerate. Currenc aims to scale AI revenue and complete these strategic transactions in 2026 to build a higher-margin business model.