TROOPS, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Company Description
- CEO
- Damian Thurnheer
- Full Time Employees
- 47
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- Unit A Hong Kong Hong Kong
- IPO Date
- Apr 9, 2008
- CIK
- 0001412095
- Website
- troops.co
- Similar Companies
- Business
- TROOPS, Inc. (NASDAQ: TROO) operates as a financial services conglomerate primarily engaged in money lending, property investment, and financial technology solutions across Hong Kong, the People's Republic of China, and Australia. Founded in 2005 and headquartered in Tsuen Wan, Hong Kong, the company, formerly known as SGOCO Group, Ltd. until its rebranding in November 2021, provides mortgage, personal, and corporate loans; develops and manages an online financial marketplace offering one-stop financial technology solutions including API services leveraging artificial intelligence, big data, blockchain, and cloud computing; property investment, lease, and management services; applications, technology, and consultancy services; insurance product consultancy; and advisory and referral services for migration, education, and visa applications. In 2025, TROOPS received an initial payment toward a strategic investment exceeding $10 million from Wang & Lee Group, Inc. (NASDAQ: WLGS), announced in March and expected to complete by mid-April, to integrate AI-driven advertising platforms, IoT smart home devices, and blockchain ESG rewards systems across its property portfolio, with potential scaling to 200 buildings and synergies from Wang & Lee's Solar (HK) acquisition. The company also pursued global expansion through a non-binding memorandum for a £40 million UK property portfolio acquisition and its subsidiary's intent to acquire 49% of Taiwan-based co-working operator WORK, Inc., alongside completing an equity buyback of 4.4 million shares announced in July 2025.
Company News
TROOPS, Inc. (NASDAQ: TROO) Strengthens Leadership Team with Appointment of Jacopo Visetti as Director and Sergio Carloni as Chief Operating Officer
TROOPS, Inc. Announces Landmark Merger with EFFORCE Group, Expanding into Multi-Vertical Digital Asset Infrastructure and Securing Crypto Trading
TROOPS, Inc. (NASDAQ: TROO) Announces Conditional Sales and Purchase Agreement with EFFORCE Group, Expanding into Multi-Vertical Digital Asset Infrastructure
TROOPS (NASDAQ:TROO) Stock Falls 3.4% – Here’s Why
TROOPS, Inc. (NASDAQ: TROO) Issues Statement Rebutting Misleading Short-Seller Report and Provides Update on Hong Kong Legal Proceedings
TROOPS, Inc. Announces Strategic Investment and Unveils HK Golden, Inc.'s Visionary Roadmap to Become a Global Financial and Cultural Powerhouse
TROOPS, Inc. Accelerates Global Expansion with Strategic £40M UK Property Portfolio Acquisition to Diversify Assets and Expand Co-living / Co-working Footprint
TROOPS, Inc. (NASDAQ: TROO) Intends to Bolster Shareholder Value with Strategic Stock Repurchase
TROOPS, Inc. (NASDAQ: TROO) Subsidiary Enters Letter of Intent to Acquire Stake in Malaysian Co-living and Co-working Space
TROOPS, Inc. (NASDAQ: TROO) Subsidiary Intends to Acquire 49% of a Taiwan-based Co-working Space Operator WORK, Inc., with Path to Full Ownership
TROOPS, Inc. (Nasdaq: TROO) Announces Update on Hong Kong High Court Judgment and Explores Strategic Legal Options to Safeguard Shareholder Interests
TROOPS, INC. ANNOUNCES RECEIPT OF INITIAL PAYMENT TOWARD STRATEGIC INVESTMENT BY WANG & LEE GROUP, INC.
TROOPS, Inc. (Nasdaq: TROO) Explores Acquisition of Hong Kong Insurance Brokerage and Nears Agreement to Acquire Bestfaith International Technology Limited
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