Hong Kong's AMTD to acquire controlling stake in SG fintech firm FOMO Pay

Photo: FOMO Pay's LinkedIn page

AMTD Digital, the digital finance arm of Hong Kong-headquartered investment bank AMTD Group, on Monday announced it will acquire a controlling stake in Singapore’s QR code and payment solutions provider FOMO Pay for an undisclosed amount. 

The deal involves a combination of share swap and cash. 

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