Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 217

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 217
---
 to TAG Technologies and its affiliates. Pursuant to the Share Purchase and Knowledge
Transfer Agreement, Tandem also granted a license in certain Tandem proprietary software and other licensed materials to be made available
to TAG Technologies and its affiliates during the “knowledge transfer period”, which ends on the earlier of the date six months
after Tandem completes a migration of its systems to a new platform, and April 2, 2023. For as long as TAG Technologies is a shareholder
of Tandem, each member of AGBA is granted a license to use the name “Tandem” and any registered logo or trademark used by
Tandem for a period of five years.

Through this investment we gained access to certain
of Tandem’s technology and digital platform assets and knowledge transfer. These assets provide significant costs savings for system
developments such as data platforms and the core banking platform, driven by the ability to leverage Tandem’s assets and “test
and learn” experience to accelerate development of the Fintech business.

Tandem’s Potential Growth

With the increasing use of online platforms in
the financial sector, our management believed that Tandem, with its technology know-how in the consumer finance industry, has significant
market potential to become a leading online retail bank for the mass market. The investment in Tandem is also part of our wider strategy
to launch digital services in Hong Kong and elsewhere, and Tandem is expected to be a key technology partner.

<div align='center'>122</div>

2) CurrencyFair

CurrencyFair is an online peer-to-peer currency
exchange marketplace. TAG Technologies first invested into CurrencyFair in 2018, through an investment of approximately €6,000,000
and the merger of AGBA’s then existing payments business with CurrencyFair. Since then, CurrencyFair has continued to grow its consumer
money transfer business focused on white-collar expat customers transferring money between selected European and Australian corridors.
CurrencyFair is now a global money transfer member organization that has exchanged more than €10 billion, with offices located
in Ireland, UK, Singapore, Hong Kong and Australia. We believe that CurrencyFair’s scaling plan relies on expanding its consumer-to-consumer (C2C)
business to new US and Asia corridors, while acquiring small and medium enterprise (SME) customers directly and through an enterprise
sales model handling primarily Chinese merchant payments for cross-border e-commerce marketplaces. Revenue growth depends on
how successfully CurrencyFair