Solowin Holdings and SC Ventures to Launch AI-Powered Payments Platform AGENPAY

Solowin Holdings (NASDAQ: AXG) and SC Ventures have signed a non-binding memorandum of understanding (MoU) to jointly incubate AGENPAY, an AI-powered payments platform. The announcement was made at the Global Web 4.0 – AI and Digital Assets Innovation conference held in Hong Kong Cyberport.

The collaboration will focus on developing API retrieval capabilities, payment routing infrastructure, and ecosystem integrations. By combining Solowin’s expertise in artificial intelligence and blockchain with SC Ventures’ global network, the initiative aims to build a next-generation platform designed to improve efficiency, enhance risk management, reduce transaction costs, and support the evolution of agent-driven financial infrastructure.

Solowin Holdings, established in 2016, is a regulated fintech company that integrates blockchain and AI technologies to operate a dual-token digital economy super platform. The company’s core business pillars include Digital Asset Tokens and AI Tokens, with offerings spanning stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services such as cloud infrastructure, Know-Your-Agent verification, and token router. Solowin’s ecosystem includes platforms like AXCOIN, AXONE, FERION, SOLOMON, SCION, and KOVAR, enabling global institutions and investors to participate in the dual-token economy.

The partnership with SC Ventures, a venture-building entity, underscores a growing trend of traditional financial institutions exploring AI and blockchain innovations. The AGENPAY platform is expected to leverage AI to optimize payment routing and risk management, potentially lowering transaction costs for businesses and consumers alike.

For more information about Solowin Holdings, visit the company’s website at https://www.alloyx.com or its Investor Relations webpage at https://ir.alloyx.com. The full press release is available at https://ibn.fm/KQcPs.

The development highlights the increasing convergence of AI and blockchain in the financial sector, with potential implications for payment processing efficiency and security. As the platform moves from incubation to deployment, industry observers will watch for its impact on transaction costs and the broader adoption of AI-driven financial infrastructure.

This news story relied on content distributed by InvestorBrandNetwork (IBN). Blockchain Registration, Verification & Enhancement provided by NewsRamp. The source URL for this press release is Solowin Holdings and SC Ventures to Launch AI-Powered Payments Platform AGENPAY.

The post Solowin Holdings and SC Ventures to Launch AI-Powered Payments Platform AGENPAY appeared first on citybuzz.