Singapore tech giant Sea plans IPO for financial services arm Monee, memo says
The memo said the tech group would also launch an AI-first enterprise platform named Sea Cloud.
Singapore-based tech giant Sea Limited is set to go public with its financial services arm, Monee, according to an internal memo. The company will also launch an AI-driven enterprise platform called Sea Cloud, as revealed in a memo written by founder Forrest Li. Monee, which operates in several Southeast Asian countries including Singapore, Indonesia, Malaysia, Thailand, Vietnam, the Philippines, Taiwan, and Brazil, provides mobile wallets, payment processing, credit, and banking services. The company's revenue has grown more than 80 times in the past nine years, reaching US$7.8 billion.
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- Singapore tech giant Sea plans IPO for financial services arm Monee, memo says channelnewsasia.com
- Sea’s CEO says financial services arm Monee could go public, WSJ reports investing.com
- Sea plans IPO for financial services arm Monee, memo says straitstimes.com
- Sea plans IPO for financial services arm Monee: source techinasia.com
