Currenc Group Inc. Securities Lawsuit Investigation

Shamis & Gentile P.A., a law firm that advocates for investors who are victims of securities fraud, is investigating potential claims against Currenc Group Inc. (NASDAQ: CURR).

If you purchased or held Currenc Group Inc. securities and suffered losses, you may be eligible to join this securities investigation and seek compensation.

About Currenc Group Inc.

Currenc Group Inc. is known for its international money transfer solutions.

Currenc Group completed a SPAC merger in August 2024, which brought additional capital and resulted in a $1.75 million PIPE financing at closing. The company’s operations include the Tranglo remittance platform, which has been a central part of its business strategy and public communications.

Concerns Under Investigation

Lawyers are investigating whether Currenc Group may have made misleading statements or omitted key facts regarding its financial performance and business outlook during the period between May 20, 2025 and August 4, 2025. Several specific issues are under review.

One area of focus is the company’s public statements in its Q1 2025 earnings release on May 20, 2025. Management promoted a “higher-margin growth” strategy and resilience in its remittance business, highlighting new AI initiatives and cost management. However, lawyers may examine whether these statements accurately reflected the company’s financial health, as the same release quietly disclosed that total revenues were down 11.5% year-over-year and global airtime revenues had fallen 23.1%. They may also review whether shareholders were adequately informed about these negative trends, especially as management continued to assert that its “disciplined strategic execution” would yield a structurally stronger bottom line.

Attorneys could also investigate if the company’s cost control claims were misleading. While executives touted “optimized Tranglo’s payout rate at 0.13%” and discussed cost management, the company’s operating expenses actually surged due to a one-time $2.2 million share-based incentive linked to the SPAC merger. Shareholders may examine whether the company adequately disclosed the impact of these share grants, which diluted existing shareholders and may have masked deeper profitability issues.

Another potential concern is the timing and nature of Currenc Group's public communications. Just days before the key financial disclosure, on July 31, 2025, the company issued a press release blaming “naked short selling” for its stock’s weakness. Lawyers may investigate whether this statement was intended to deflect attention from the company’s underlying operational and financial problems, especially since the subsequent earnings release revealed potentially far more severe issues than previously signaled.

The corrective disclosure event occurred on August 4, 2025, when Currenc Group Inc. announced its Q2 2025 financial results. The company reported total revenues of $8.7 million, down 10.3% year-over-year, and a net loss of $5 million for the quarter. These results revealed that revenue was shrinking and losses were much larger than earlier management statements had suggested. Following this announcement, Currenc Group’s share price dropped approximately 14.6%, wiping out about $0.32 per share and resulting in millions of dollars in investor losses.

The investigation might also look into whether the company’s optimistic statements about AI-driven growth and resilience were adequately balanced with disclosures about declining revenues and increasing losses. The timing of the stock price drop, which occurred while broader market indices were rising, suggests that the losses were company-specific and tied directly to the new information revealed on August 4, 2025.

Your Rights and Next Steps

Investors who purchased Currenc Group securities between May 20, 2025 and August 4, 2025 and suffered losses may have legal rights. Lawyers are ready to help determine whether investors may be eligible to join a potential class action if evidence of securities law violations is found.

Investors can participate in a class action lawsuit by providing details about their purchases and losses. This information helps legal professionals assess the scope of potential claims and determine whether a class action lawsuit may be appropriate. If a class action is filed, eligible investors may be able to recover a portion of their losses if the case is successful.

It is important for investors to act promptly, as securities investigations and class actions are often time-sensitive. Preservation of records and timely participation can be critical for protecting investor rights.

You May Be Entitled to Compensation

If you purchased Currenc Group securities and suffered financial losses during the potential class period, you may be eligible to join any resulting class action and seek compensation. Securities investigations move quickly, and delays could affect your ability to participate.

To learn more about your rights and to join the investigation, complete the form below.