6G Digital buys 25% stake of Singapore-based FinTech FlexM for $12.5m

By Gloria Mathias

6G Digital Private has acquired a 25% stake in the Singapore-based FinTech company, FlexM Global AS, for a staggering $12.5 million. This strategic partnership signals a major shift in the industry and hints at an ambitious plan for a complete acquisition in 2024.

Rune Wahl Nilsson, an entrepreneur is spearheading the FinTech revolution with his latest venture, FlexM Global AS. With a passion for innovation and a keen eye for market trends, Nilsson’s FlexM journeys towards a future where banking is synonymous with accessibility, efficiency, and affordability.

In recent years, Rune Nilsson has emerged as a driving force in the FinTech sector, leveraging his expertise to challenge traditional banking norms and introduce disruptive solutions. His dedication to excellence and commitment to customer-centricity have earned him widespread acclaim within the industry.

The acquisition of FlexM Global AS by 6G Digital Private Limited marks a milestone in the evolution of the FinTech landscape. By combining 6G Digital’s global reach and resources with FlexM’s innovative technology and market expertise, the partnership is poised to revolutionize the way financial services are delivered worldwide.

With a shared vision of democratizing access to banking services and empowering individuals and businesses, the collaboration between 6G Digital and FlexM represents a bold step towards a more inclusive and equitable financial ecosystem.

“The strategic acquisition of Flex M shares will strengthen 6G Digital to challenge the banking and money transfer industry across 6 continents. Our goal is to offer affordable, state-of-the-art mobile financial services around the world,” said M.A. Zaman, Chairman of 6G Digital.

Through its platform and customer-centric approach, FlexM is poised to empower millions of individuals and businesses worldwide, revolutionizing the way they access and manage their finances.

With a strong focus on technological innovation, Rune Wahl Nilsson and FlexM are committed to staying ahead of the curve and delivering innovative solutions that meet the evolving needs of its customers. By leveraging the latest advancements in artificial intelligence, blockchain, and data analytics, FlexM is revolutionizing the banking experience, making it more seamless, secure, and user-friendly.