US$81 million acquisition of Uploan Asia

Rajah & Tann Singapore acted for GoTyme Financial Pte. Ltd. and Tyme Group Pte. Ltd. in the acquisition of the entire issued and paid-up share capital of Uploan Asia Pte. Ltd. and all outstanding options issued by Uploan Asia. Uploan Asia is a Singapore-incorporated financial services company. Together with its subsidiaries New Cross Credit and Financing Gate PH, Inc. and Savii New Cross Technology Private Limited, the group is the leading fintech provider of salary-linked loans in Southeast Asia, Partners Terence Quek and Jasselyn Seet led the transaction.