ACT's recent move to increase the issued and paid-up capital of its subsidiary, Welzy Financial Holding, by issuing new shares to a major shareholder, signals a comprehensive re-pricing deal for its investments in the FinTech sector. This comes at a time when the sector is experiencing rapid competition and growing investor appetite for fast-growing digital models. Under the proposed deal structure, ACT aims to reduce its stake in Welzy to a minimum controlling interest of 51%. This is in exchange for a new investment from a major shareholder, whose identity has not yet been disclosed. This move balances attracting additional liquidity to fuel expansion while maintaining managerial and strategic control over the subsidiary. This approach gives ACT greater flexibility in restructuring its investment portfolio without fully exiting one of its most promising assets, especially given the rising importance of digital financial activities as a key growth driver in the coming period, whether in payments or non-banking financing solutions.
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