05:52 PM EDT, 09/02/2025 (MT Newswires) -- Solowin Holdings ( SWIN ) said late Tuesday it is in advanced negotiations for the acquisition of a US-licensed bank via a designated affiliate.
A US banking license would allow the company to offer global banking services for clients worldwide, within a favorable US tax regime, the company said.
The proposal will be structured as a "clean-charter" takeover, with legacy assets and liabilities removed before completion, offering Solowin ( SWIN ) a regulated, blank-slate banking platform, according to a statement.