On November 29, 2021, MatchMove Pay Pte. Ltd. closed the transaction. The company company raised $121 million in the transaction.

The transaction has been approved by the Monetary Authority of Singapore. The company received $100 million comprising $20 million cash and $80 million in kind consisting of technology services, specialist personnel, cost synergies and enhanced sales and distribution from KFC Ventures Pte. Ltd. in its final tranche.

As part of the transaction Naveen Kumar and Vivek Chadha of KFC Ventures Pte. Ltd. joined the board of directors of the company.