Solowin Holdings (AXG) and SC Ventures signed a non‑binding memorandum of understanding on April 27, 2026 at the Global Web 4.0 – AI and Digital Assets Innovation conference in Hong Kong Cyberport to jointly incubate AGENPAY, an AI‑powered payments initiative that aims to create a next‑generation intelligent payment system.
The AGENPAY platform will focus on developing core API retrieval capabilities, payment routing infrastructure, and ecosystem proof‑of‑concept integrations. The project is described as an “Agentic Payment Infrastructure for Web3 Teams” that will use an AI agent to handle payment processes, with planned integrations to the OpenAI API, Notion workspace, and OKX DEX API. The goal is to reduce transaction costs, strengthen risk management, and accelerate the convergence of finance and the digital economy.
Solowin brings blockchain and AI expertise to the partnership, while SC Ventures contributes its global network and experience in fintech venture building. Dr. Thomas Zhu, a director at Solowin, said, “It is a great honor to form a strategic partnership with SC Ventures. The AGENPAY project carries the common expectations of both parties for the future of intelligent payment. We look forward to working with our partners to embark on a new journey of intelligent finance.” Alexandre Deschatres, Head of Hong Kong, Greater China and North Asia at SC Ventures, added, “It is a pleasure to cooperate with AXG. The AGENPAY project is closely aligned with SC Ventures' innovation layout. We look forward to leveraging the resource advantages of both parties to promote the commercialization of AI payment technology and empower the high‑quality upgrading of global financial services.”
Solowin, founded in 2016, operates a dual‑token digital economy super platform that includes stablecoin issuance, asset tokenization, securities trading, and AI‑powered services. For the fiscal year ending March 31, 2026, the company projects revenue of $27 million to $29 million, representing a near‑tenfold increase from the prior year. The MoU is expected to accelerate the commercialization of AGENPAY and contribute to this growth trajectory, while also providing a new revenue stream that could diversify Solowin’s business mix.
No immediate market reaction has been reported following the announcement, but the partnership signals a strategic push into AI‑enabled payments that could enhance Solowin’s competitive position and open new channels for revenue generation.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.