Solowin Holdings (NASDAQ: AXG) and SC Ventures, the innovation arm of Standard Chartered Bank, have formalized a partnership through a non-binding memorandum of understanding (MoU) to incubate AGENPAY, an AI-powered payments initiative. The MoU was signed at the Global Web 4.0 – AI and Digital Assets Innovation conference held at Hong Kong Cyberport. The collaboration aims to develop API retrieval capabilities, payment routing infrastructure, and ecosystem integrations, combining AXG's expertise in artificial intelligence and blockchain with SC Ventures' global network.
AGENPAY is designed as a next-generation platform that focuses on improving efficiency, enhancing risk management, reducing transaction costs, and supporting the evolution of agent-driven financial infrastructure. By leveraging API retrieval and intelligent payment routing, the platform seeks to streamline payment processes and foster seamless integrations within the financial ecosystem.
Solowin Holdings, a global regulated fintech company established in 2016, specializes in combining blockchain and artificial intelligence technologies. The company operates a fully compliant dual-token digital economy super platform under the mission "Mobilizing Tokens 24/7." Its core business pillars include Digital Asset Tokens and AI Tokens, with offerings ranging from stablecoin issuance and payments to asset tokenization, securities trading, and AI-powered services such as cloud infrastructure and Know-Your-Agent verification. For more information about Solowin, visit the company's website at https://www.alloyx.com or the investor relations page at https://ir.alloyx.com.
SC Ventures is known for fostering innovation within the financial services industry, and this partnership with Solowin underscores a shared vision to advance intelligent payment systems. The non-binding MoU outlines plans to jointly incubate AGENPAY, focusing on developing a platform that can adapt to the growing demands of agent-driven financial infrastructure. The collaboration is expected to leverage AXG's AI and blockchain capabilities alongside SC Ventures' extensive global reach to create a robust payment ecosystem.
The announcement comes as the financial industry increasingly adopts AI and blockchain technologies to enhance operational efficiency and security. The AGENPAY platform aims to address key challenges in payment systems, including high transaction costs and inefficiencies, by utilizing intelligent routing and API integrations. The partnership between Solowin and SC Ventures represents a significant step toward the commercialization of AI-powered payment solutions.
For the latest news and updates on Solowin Holdings, visit the company's newsroom at https://ibn.fm/AXG. The full press release detailing the MoU can be accessed at https://ibn.fm/KQcPs.
