TechCreate Group Ltd. (NYSE: TCGL)

TechCreate Solution Private Limited is a technology consultancy and advanced software solution provider headquartered in Singapore. The company delivers payment cybersecurity and digital services to large institutions mainly financial institutions and telecommunication companies. Its activities include providing professional services selling software licenses and maintenance licenses and offering hardware solutions. The firm has built proprietary know how over nine years and serves clients across Southeast Asia.

Revenue is generated from three main streams. First the company earns fees from professional services such as technology consultancy payment system engine services cybersecurity services digitalization services cloud and IT infrastructure services and e invoicing. Second it receives income from the sale of software licenses and maintenance licenses related to its payment system engine offerings. Third it derives revenue from the sale of hardware products including the SoundBox Point of Sale device. Customers are primarily large financial institutions and telecommunication firms.

The company operates through the following segments:

• Professional Services segment provides technology consultancy payment system engine services cybersecurity services digitalization services cloud and IT infrastructure services and e invoicing to corporate clients.

• Software Licenses and Maintenance Licenses segment sells payment system engine licenses including real time payment licenses and ongoing maintenance licenses to clients.

• Hardware Solutions segment sells the SoundBox Point of Sale device which supports payment processing and cybersecurity functions.

TechCreate Solution Private Limited positions itself as an emerging provider of real time payment solutions in Southeast Asia. It competes with established players such as NETS PayNet 2C2P PayMate India Limited ACI Worldwide Fidelity National Information Services and Finastra Group Holdings Limited. The company’s competitive advantages include deep regional expertise a proprietary AI RTE platform agility in adapting to market changes strong client relationships and a competitively priced offering.

The company serves financial institutions telecommunication companies insurance corporations and system integration companies. Major customers that account for more than five percent of revenue include a Cambodia financial institution a Brunei telecommunications company a Singapore insurance corporation and a Cambodia system integration company.