SLG-Trax steps into digital lending with FinTech IP deal

January 06, 2026 (MLN): Secure Logistics-Trax Group Limited (PSX: SLGL) is moving forward with the acquisition of a FinTech software intellectual property suite.

The move, alongside the arrangement of digital lending facilities of up to Rs500 million, marks a key step in the rollout of its Non-Banking Financial Company (NBFC) operations.

In reference to its corporate declarations dated August 19, 2025 and October 3, 2025, the Company outlined progress on its FinTech initiative.

Following the issuance of an NBFC license to LogiServe (Private) Limited, a wholly owned subsidiary of SLG-Trax, the FinTech category has also been added to LogiServe’s existing Special Technology Zones Authority (STZA) license.

LogiServe’s financial performance forms part of the Company’s consolidated financial statements.

The Company has successfully concluded commercial negotiations with Finova Technologies Pte. Ltd. for the acquisition of the intellectual property suite of a FinTech software platform, resulting in the execution of a binding Head of Terms.

In parallel, SLG-Trax is working with multiple financial institutions to arrange substantial digital lending facilities.

As part of a pilot project initiated in February 2025, the Company has deployed Rs75m with its e-commerce merchants, achieving a throughput of approximately Rs4.5bn to date.

The acquisition of the FinTech software IP, together with the digital lending facilities, is expected to be completed by the end of February 2026, according to the public announcement made by a company on PSX.  

The initiative is intended to support the expansion of SLG-Trax’s e-commerce business while introducing digital lending as a sixth income stream in addition to logistics, e-commerce, warehousing, IoT, and security services.

The introduction of digital wallet services and the deployment of incremental capital through NBFC operations for SLG-Trax’s e-commerce merchants are expected to have a material positive impact on the Company’s financial results for FY2026.

A final update will be provided upon completion of the acquisition and deployment of the additional capital.

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