v3.25.2
Accounts receivable, net (Tables)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Schedule of accounts receivable net

 

   2024   2023 
   December 31, 
   2024   2023 
   US$   US$ 
         
Accounts receivable   2,599,984    2,638,333 
Expected credit losses   (484,303)   (187,462)
Accounts receivable, net   2,115,681    2,450,871 
 
Schedule of movements in allowance for credit losses

The movements in allowance for credit losses are as follows:

 

   2024   2023 
   December 31, 
   2024   2023 
   US$   US$ 
         
Balance at the beginning of year   187,462    117,195 
Additional for the year   296,841    70,267 
Balance at the end of year   484,303    187,462 
 
Seamless Group Inc [Member]    
Schedule of accounts receivable net  

 

   2023   2022 
   December 31, 
   2023   2022 
   US$   US$ 
         
Accounts receivable   2,638,333    3,184,892 
Allowance for credit losses   (187,462)   (117,195)
Accounts receivable, net   2,450,871    3,067,697 
Schedule of allowance for doubtful accounts  

The movements in allowance for credit losses are as follows:

 

   2023   2022 
   December 31, 
   2023   2022 
   US$   US$ 
         
Balance at the beginning of year   117,195    - 
Additional for the year   

70,267

    - 
Acquisition of a subsidiary   -    117,195 
Balance at the end of year   187,462    117,195