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Goodwill
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Goodwill

 

4 Goodwill

 

   Goodwill 
   US$ 
      
Balance as of January 1, 2023 and December 31, 2023   27,001,383 
Goodwill impairment   (1,657)
Balance as of September 30, 2024   26,999,726 

 

The following table sets forth the goodwill by reportable segments:

 

   September 30, 2024  December 31, 2023
   US$  US$
Remittance services   12,919,935   12,921,592
Sales of Airtime   14,079,791   14,079,791
Goodwill   26,999,726   27,001,383

 

The goodwill was arising from the acquisition of Tranglo and Walletku Group in 2018 and 2022, respectively.

 
Seamless Group Inc [Member]    
Goodwill  

9 Goodwill

 

Changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 were as follows:

 

   Goodwill 
   US$ 
     
Balance as of January 1, 2022   19,229,528 
Goodwill from acquisition   7,771,855 
Balance as of December 31, 2022, January 1, 2023 and December 31, 2023   27,001,383