Marathon Money Podcast - Roll With Marathon Money and Win the Stock Market Race · Marathon Money Podcast - Roll With Marathon Money and Win the Stock Market Race

Inside CURR: Kevin Chen Breaks Down the Future of CURRENC Group Inc.

·27 min·1 clip

Currency Group serves migrant workers sending $50 to $150 home across Asia.

1. Marathon Money’s inside-the-ticker segment focuses on CURR, the stock symbol for Currency Group. 2. Guest Kevin Chen is a board member, and Kenny introduces him as a guest who can explain the company and its strategy. 3. The episode asks why Currency Group matters as a fintech company and why retail investors should care about it. 4. Chen says his background includes a PhD from the University of Lausanne, study in Holland and China, running an investment management firm in New York City, and teaching fintech at NYU for 12 years. 5. He describes Currency Group as a Singapore-headquartered fintech company doing business across Hong Kong, Malaysia, Singapore, the Philippines, and Indonesia. 6. Chen says the core customer is migrant laborers who send small sums like $50, $100, or $150 back home. 7. He contrasts that with traditional bank and wire fees of roughly $15 to $20 on a $100 transfer. 8. He says fintech can cut the fee to less than $1, which matters when the recipient is buying rice, eggs, and daily groceries. 9. Chen says Currency Group originally sold phone minutes in Southeast Asia before evolving into money transfer services. 10. He says the company grew from a humble local model into a broader platform rather than starting as a Silicon Valley startup with venture capital. 11. As an independent director, Chen says the board has fiduciary responsibility to public shareholders and votes on major decisions like expansion and capital expenditure. 12. He says the board also reviews quarterly margins, growth areas, and business risks in a company that handles small retail transfers rather than corporate finance. 13. Chen argues that Southeast Asia, Africa, and other emerging markets have limited banking access and treat financial services as a luxury. 14. He says smartphones have replaced flip phones as the delivery device, and he sees AI becoming part of money transfer and savings products. 15. Chen says the company was profitable at the operating level last year, but listing-related fees made reported results negative. 16. He says Currency Group is using AI to lower call-center costs and improve processing for payroll partners serving migrant workers. 17. The conversation is straightforward and investor-oriented, with Kenny pressing on competition, profitability, and how CURR reaches U.S. retail investors. 18. Chen’s tone is explanatory and measured, while Kenny keeps the interview moving with repeated questions about moat, growth, and rival firms. 19. Listeners interested in fintech, emerging markets, and retail investing in Asia. 20. Listeners looking for a deep technical breakdown of software architecture.

Listen to the show on

Apple Podcasts Spotify

Play clips from this episode More from Marathon Money Podcast - Roll With Marathon Money and Win the Stock Market Race