Press Release
Novus Technologies Launches its “Novus 3.0” growth plan with Backing from Asia Fintech Ventures Group to Accelerate Regional and Global Expansion.
Singapore, 5th of September 2025 – Novus Technologies Pte. Ltd., a leading Singapore-headquartered digital payments and financial technology solutions provider, today announced the launch of its next growth horizon, Novus 3.0, following its acquisition by Asia Fintech Ventures Group (AFVG).
The acquisition marks a significant milestone in Novus’ journey, positioning the company for accelerated growth across Asia and beyond. Supported by lighthouse investors, including one of Southeast Asia’s largest conglomerates with leading Financial Services, FinTech, and PayTech assets, AFVG’s investment unlocks fresh capital to expand Novus’ regional footprint and drive new opportunities in FinTech, PayTech, and InsurTech innovation.
Building on Singapore’s Global FinTech Reputation
With Singapore as its home, Novus will leverage the city-state’s globally recognized regulatory framework, trusted financial ecosystem, and innovation-driven environment to scale across the region and globally. From its established presence in Indonesia, the Philippines, Cambodia, Sri Lanka, and Botswana (Africa), Novus is strategically positioned to bridge Asia-to-Africa financial corridors while continuing to shape the future of financial innovation.
Unlocking Promising New Opportunities
Novus 3.0 represents a new era of growth for the company. With renewed financial strength, the company will:
Expand organically across high-growth Asian markets with advanced digital solutions and frictionless financial services.
Explore strategic acquisitions and investments to build and enrich its ecosystem across FinTech, PayTech, and InsurTech.
Enhance partnerships with banks, financial institutions, and digital-first businesses to co-create solutions that increase financial inclusion and accessibility.
Leadership for the Next Phase
Ricardos Khoury, Chief Executive Officer of Novus Technologies, will continue to lead the company while also playing a strategic role at the AFVG holding level to identify investment opportunities and drive regional partnerships.
“Our vision with Novus 3.0 is to leverage the trusted Novus brand, our proven portfolio, and our professional leadership team to unlock opportunities that were previously out of reach,” said Ricardos Khoury, CEO of Novus Technologies. “With Singapore as our foundation and the support of world-class investors, we are ready to scale our impact across Asia and beyond. This is only the beginning of a new phase for Novus.”
“We see Novus as a trusted brand with proven capabilities and the right team to drive fintech innovation across Asia. This is more than an investment — it’s a partnership to build a future-ready financial ecosystem across Asia and beyond.” said Hans De Back, Director of Asia Fintech Ventures Group (AFVG) Holding and Fund Director.
About Novus Technologies
Novus Technologies Pte. Ltd. is a Singapore-headquartered technology company enabling innovative digital transformation, financial inclusion technology, and a full-stack digital payment platform across Asia and Africa. With a strong presence in Singapore, Indonesia, the Philippines, Cambodia, Sri Lanka, and Botswana, Novus empowers businesses and financial institutions with secure, frictionless, and scalable technology to enable the future of financial services.
About Asia Fintech Ventures Group (AFVG)
Asia Fintech Ventures Group (AFVG) is a Singapore-based holding company backed by an MAS-regulated fund and leading strategic investors in financial services, fintech, and payments. AFVG invests in and partners with high-potential financial technology businesses across Asia and beyond to build sustainable growth ecosystems.