OxPay Bhutan unit Oxygen7 secures full payment license from GFSO

AMTRUST FINANCIAL SERVICES INC DEP SHS REPSTG 1/40TH PFD B
AMTRUST FINANCIAL SERVICES INC 6.75% NON-CUM PFD SER'A'USD25

AMTRUST FINANCIAL SERVICES INC DEP SHS REPSTG 1/40TH PFD B

AFSIB

0.00

AMTRUST FINANCIAL SERVICES INC 6.75% NON-CUM PFD SER'A'USD25

AFSIA

0.00

  • Oxygen7, OxPay wholly owned Bhutan unit, secured full Financial Services Licence from Gelephu Financial Services Office on April 29, clearing conditions tied to November 2025 in-principle approval.
  • Licence permits regulated money services in Gelephu Mindfulness City, including merchant payments accepting credit cards, e-wallets, crypto, and business remittance using stablecoin rails.
  • Payments veteran Peng Chun Hsien named CEO of Oxygen7 to lead platform build-out, merchant acquisition, and South Asia expansion.
  • Integrated payment platform targeted for 4Q2026 launch; earnings contribution expected from that point.


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. Oxpay Financial Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JO0AM86LTP607QUH) on May 03, 2026, and is solely responsible for the information contained therein.