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Currenc pauses operations at Indonesia payments subsidiary WalletKu

PUBT·06/24/2026 20:32:02
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Currenc pauses operations at Indonesia payments subsidiary WalletKu
  • Currenc launched an operational restructuring at indirect Indonesian subsidiary PT Walletku Indompet Indonesia, pausing its legacy airtime distribution transactions.
  • Move follows a strategic shift toward higher-margin AI and Web3 lines, citing structural demand pressure in Malaysia-Indonesia airtime remittance.
  • FY2025 WalletKu airtime revenue fell 46.9% to USD 7.7 million; net loss totaled USD 0.45 million.
  • Up to USD 150,000 will be funded through September 2026 to settle severance liabilities, repay third-party debts, streamline the balance sheet.
  • Any restart hinges on clearing legacy obligations, securing new capital, rebuilding the unit around Currenc’s AI digital financial services platform.


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. Currenc Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-029932), on June 24, 2026, and is solely responsible for the information contained therein.