Singapore Exchange · Technology
Invest in OxPay Financial stock from India
Indian and foreign residents can buy OxPay Financial (TVV) shares directly through Paasa.
By Paasa · Updated
OxPay Financial at a glance
- Price
- S$0.03+S$0.00 (4.17%)
- Market cap
- S$8.55M
- Day range
- S$0.03 – S$0.03
- P/E
- -2.60
- Dividend yield
- None
- Volume
- 30.00K
- 1 month
- -16.67%
- 6 months
- -28.57%
- YTD
- -52.83%
- 1 year
- -48.98%
- 5 years
- -91.80%
OxPay Financial statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | S$4.8M | S$3.6M | S$8.3M | S$9.9M | S$17.5M |
| Gross profit | S$2.1M | S$2.3M | S$2.5M | S$2.6M | S$10.3M |
| Operating income | −S$2.9M | −S$3.3M | −S$2.7M | −S$2.8M | −S$712.0K |
| Net income | −S$2.9M | −S$3.2M | −S$1.4M | −S$473.0K | −S$27.1M |
| Earnings per share | −S$0.01 | −S$0.01 | −S$0.00 | −S$0.00 | −S$0.12 |
| EBITDA | −S$2.7M | −S$3.0M | −S$1.2M | −S$179.0K | −S$26.6M |
| Total assets | S$3.9M | S$6.1M | S$16.7M | S$26.1M | S$30.5M |
| Total debt | S$2.2M | S$1.2M | S$823.0K | S$28.0K | S$24.0K |
| Cash and short-term investments | S$2.1M | S$4.2M | S$9.4M | S$22.1M | S$26.4M |
| Shareholders' equity | −S$1.3M | S$1.3M | S$4.5M | S$5.8M | S$5.9M |
| Operating cash flow | −S$3.1M | −S$5.2M | −S$13.5M | −S$3.9M | S$20.1M |
| Free cash flow | −S$3.3M | −S$5.3M | −S$13.6M | −S$4.1M | S$20.0M |
| Capital expenditure | −S$126.0K | −S$141.0K | −S$74.0K | −S$219.0K | −S$78.0K |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in SGD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Nera Telecommunications | N01.SI | S$0.18 | S$64.42M |
| Trek 2000 International | 5AB.SI | S$0.20 | S$60.50M |
| Sunright | S71.SI | S$0.45 | S$54.65M |
| Creative Technology | C76.SI | S$0.68 | S$47.52M |
| TrickleStar | CYW.SI | S$0.08 | S$19.99M |
| CDW | BXE.SI | S$0.07 | S$16.69M |
| DISA | 532.SI | S$0.00 | S$14.09M |
| Assurance Healthcare | RCU.SI | S$0.05 | S$11.85M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in OxPay Financial from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to SGD when you buy.
Step 3
Search TVV and buy
Find OxPay Financial by name or by its ticker, TVV, and place your order.
Why invest in OxPay Financial from India
What OxPay Financial does
OxPay Financial Limited, a Singapore-based company founded in 2005, specializes in providing comprehensive merchant payment and digital commerce enablement solutions across Singapore, Malaysia, and Thailand. The company delivers versatile online-to-offline financial services via its integrated platform, with a primary focus on businesses within the retail, transportation, and food and beverage sectors. OxPay Financial operates in the Software - Infrastructure industry within the Technology sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy OxPay Financial stock from India?
Yes. Indian residents and NRIs can buy OxPay Financial (TVV) shares directly through Paasa. OxPay Financial is listed on the Singapore Exchange, in the Software - Infrastructure industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are OxPay Financial dividends taxed for Indian investors?
OxPay Financial does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell OxPay Financial shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on OxPay Financial shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.