Singapore and Warsaw, 12 May 2026 -- Embed Financial Group Holdings Pte. Ltd. ("EFGH" or the "Company"), a Singapore-headquartered financial internet infrastructure company operating across emerging markets in Africa and Asia, today announced a Strategic Partnership Framework Agreement with Verestro S.A. ("Verestro"), a global fintech provider specializing in payment infrastructure, to enhance EFGH's technology capabilities and expand its reach within the global payments ecosystem.
Under the agreement, signed on 19 February 2026, Verestro will collaborate with EFGH to develop, integrate, and deploy advanced payment rails and related infrastructure for the benefit of EFGH's customers across Africa and Asia. The partnership enables Verestro to directly engage with EFGH's customers on technical matters, creating a tripartite model designed to accelerate the delivery of embedded finance solutions at scale. Financial terms were not disclosed.
The partnership is expected to strengthen payment infrastructure, accelerate market expansion, and enhance product co-development, with the parties committed to tailoring joint solutions to the specific needs of EFGH's customer base across Africa and Asia. Together, EFGH and Verestro will help these regions leapfrog legacy infrastructure by deploying a battletested technology stack designed that will include:
- Hyper-Integrated Digital Wallets & Mobile Money Rails that plug directly into the local "mobile money" networks dominated by regional telecoms;
- Tier-1 Card Issuing Programs that equip local partners to build, issue, and scale comprehensive card programs and bring advanced banking capabilities to entirely new regions;
- Next-Gen Cross-Border & Open-Loop Corridors that allow users to move funds outside of local mobile money networks and directly into broader cross-border corridors;
- Stablecoin-Powered Decentralized Infrastructure to bring decentralized, high-speed, and low-cost settlement rails directly to the markets that need them most;
- Bespoke Contactless Deployments for Legacy Players to bypass legacy constraints and launch world-class payment experiences in their home markets
Verestro is already actively operating on the ground in Africa and has a proven track record in the region, successfully deploying contactless payment projects and implementing core infrastructure directly for local African banks and fintechs. EFGH will deploy this proven, global "Success Template" and serve as Strategic Partner to dramatically scale the existing footprint.
The announcement comes as EFGH advances toward its proposed U.S. listing following its December 2025 Business Combination Agreement with WinVest Acquisition Corp. ("WinVest"), a publicly traded special purpose acquisition company. The proposed transaction values EFGH at a pro forma enterprise value of approximately US$425 million. The Verestro partnership reinforces EFGH's strategy of deepening its technology stack ahead of its transition to a U.S. public company.
The partnership is expected to deliver the following benefits:
- Strengthened payment infrastructure, enabling EFGH to offer more robust fiat-based payment processing and API integration capabilities to its enterprise and institutional customers, including existing engagements such as its work with Regideso;
- Accelerated market expansion, formalizing a collaborative framework that positions both companies to jointly pursue opportunities within the global payments and financial inclusion ecosystem; and
- Enhanced product co-development, with the parties committed to tailoring joint solutions to the specific needs of EFGH's customer base across Africa and Asia.
“This partnership with Verestro is a significant step in building the Finternet — a truly global, inclusive financial ecosystem. Verestro’s proven payment infrastructure capabilities will allow us to deliver more seamless, reliable, and scalable embedded finance solutions to our customers. As we approach our U.S. listing, sStrategic partnerships of this nature are central to our growth thesis and our mission of driving financial inclusion at scale across Africa and Asia.”
--- Dennis Ng, Founder, Executive Chairman and Global Chief Executive Officer, EFGH
“We are proud to enter into this strategic framework with EFGH, a company whose mission to build the Finternet closely aligns with our own vision for a more connected and inclusive global payments landscape. By combining Verestro’s payment rails and technical expertise with EFGH’s deep market presence across Africa and Asia, we are creating a partnership that can deliver real impact for financial institutions, enterprises, and the underserved communities they serve.”
--- Adam Miziołek, Chief Global Growth Officer, Verestro S.A.
The announcement comes as EFGH advances toward its proposed U.S. listing following its December 2025 Business Combination Agreement with WinVest Acquisition Corp. ("WinVest"), a publicly traded special purpose acquisition company. The proposed transaction values EFGH at a pro forma enterprise value of approximately US$425 million. The Verestro partnership reinforces EFGH's strategy of deepening its technology stack ahead of its transition to a U.S. public company.
About EFGH
Embed Financial Group Holdings Pte. Ltd. (EFGH) is a Singapore-headquartered embedded finance technology company on a mission to build the Finternet - a global, inclusive financial ecosystem powered by technology. Valued at US$425 million, EFGH enables financial institutions, enterprises, and partners across Africa and Asia to embed financial services into everyday experiences, driving financial inclusion at scale.
For more information, visit efgh.xyz
About Verestro
Verestro is a Global Mobile Payments Technology Provider and embedded finance company on a mission to deliver the complete infrastructure required for modern financial services. Operating as an end-to-end Fintech-as-a-Service platform, Verestro enables businesses worldwide to seamlessly integrate card issuing, core banking, tokenization, and money transfers, driving secure innovation and scale from white-label applications to full regulatory compliance.
For more information, visit [verestro.com]
Media Contacts
EFGH
Eugene Leow
Global Chief of Communications, EFGH
Email: eugene.leow@efgh.xyz
Verestro
Adam Miziołek
Chief Global Growth Officer, Verestro
Email: adam.miziolek@verestro.com
Share
