JAKARTA, Indonesia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (the “Company”), Southeast Asia’s next generation digital ecosystem, and its majority owned subsidiary, NusaTrip Inc (Nasdaq: NUTR) (“NusaTrip”), the leading Southeast Asia (“SEA”) and Asia-Pacific-based (“APAC”) integrated travel technology platform, today announces that NusaTrip has formed a strategic partnership with Search Engine Optimization Company Limited (“Gother”), a fast-growing online travel agency in T ...

NEW YORK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (the “Company”), Southeast Asia’s next generation digital ecosystem, today announces a US$1.8 million minority investment in Singapore-based telecoms embedded SIM (eSIM) infrastructure and digital connectivity platform, Gorilla Networks Pte Ltd (“Gorilla”). The investment represents Society Pass’s entry into the fast-growing global eSIM market, which Straits Research projects to expand from US$11.2 billion in 2025 to US$25. ...

NEW YORK, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (the “Company” or “SOPA”), Southeast Asia’s (“SEA”) next generation digital ecosystem announces that Litchfield Hills Research LLC (“Litchfield Hills Research”) has issued equity research report update. Click Here (on SOPA website) or Here (on Litchfield Hills Research website) to view the full Litchfield Hills Research Equity Research Report. Summary Points:• Valuation disconnect: Litchfield Hills Research highlights a pro ...

NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- With Markets and Markets projecting the size of the global artificial intelligence (“AI”) market to surge from US$371 billion in 2025 to US$2.4 trillion by 2032, or growing at a CAGR of 30.6% from 2025 to 2032, Society Pass Incorporated (Nasdaq: SOPA) (the “Company”), Southeast Asia’s next generation digital ecosystem, today announces a US$8.8 million minority investment in emerging AI data centre startup, Sapience AI Inc (“Sapience AI”), as part of its efforts to ...

Core Viewpoint - NusaTrip Incorporated has received consent from its IPO underwriter, Cathay Securities, to grant an early release to Society Pass Incorporated from its securities lock-up agreement related to NusaTrip's initial public offering, which took place in August 2025 [1][2]. Company Overview - NusaTrip Incorporated, established in 2015 and headquartered in Jakarta, Indonesia, operates as a travel ecosystem focused on Southeast Asia (SEA) and Asia-Pacific (APAC) [3]. - The company employs an acquisitions-focused growth strategy, emphasizing mergers and acquisitions of offline travel agencies to enhance its business operations [3]. - NusaTrip has successfully acquired travel companies such as VLeisure and VIT in Vietnam and is actively seeking to acquire additional travel agencies in various countries including PRC, Hong Kong, Philippines, Thailand, Singapore, Malaysia, India, and UAE [3]. Industry Position - NusaTrip is recognized as the first Indonesian-based online travel agent (OTA) to receive International Air Transport Association (IATA) accreditation, which provides access to all airline fares and inventories [4]. - This accreditation allows NusaTrip to offer competitive pricing from both full-service and low-cost carriers, enhancing its market position in the travel industry [4].

Core Viewpoint - NusaTrip has formed a strategic partnership with Bookcabin to enhance travel distribution in Southeast Asia, providing regional travelers with more accommodation choices and better rates while expanding hotel partners' reach [2][3]. Group 1: Partnership Details - The partnership aims to integrate NusaTrip's extensive hotel and travel inventory onto Bookcabin's platform, creating new opportunities for hotels and travelers [2]. - This collaboration aligns with the long-term vision of building a connected travel ecosystem in Southeast Asia through technology-driven distribution [2]. Group 2: Market Potential - Indonesia's travel market is projected to reach a size of US$115 billion (or IDR 1,828 trillion) by 2034, driven by increased cross-border trips and improved air connectivity [3]. - The partnership is expected to support this growth by providing reliable and efficient distribution solutions [3]. Group 3: Company Background - Society Pass Incorporated, founded in 2018, operates in fast-growing Southeast Asian markets and focuses on e-commerce, travel, and lifestyle sectors [6]. - NusaTrip, established in 2015, is an integrated travel technology platform with over 500 airlines and 650,000 hotels on its marketing platform [8].

Group 1: Fintech Stocks Overview - Five fintech stocks to watch include Rocket Companies, UP Fintech, Joint Stock Company Kaspi.kz, DeFi Development, and Society Pass, identified by MarketBeat's stock screener tool [2] - Fintech stocks represent companies that utilize technology to provide financial services, such as payment processing, digital banking, and online lending, offering exposure to innovation-driven growth in finance [2] Group 2: Rocket Companies (RKT) - Rocket Companies, Inc. is a fintech holding company that provides mortgage lending, title and settlement services, and other financial technology services in the U.S. and Canada [3] - The company operates through two segments: Direct to Consumer and Partner Network, with solutions including Rocket Mortgage, Amrock, Rocket Homes, and Rocket Loans [3] Group 3: UP Fintech (TIGR) - UP Fintech Holding Limited focuses on providing online brokerage services primarily for Chinese investors, offering a platform for trading stocks, options, and other financial instruments [4] - The company also provides value-added services such as investor education and community engagement [4] Group 4: Joint Stock Company Kaspi.kz (KSPI) - Joint Stock Company Kaspi.kz offers payments, marketplace, and fintech solutions in Kazakhstan, operating through three segments: Payments Platform, Marketplace Platform, and Fintech Platform [5] - The Payments Platform facilitates transactions between customers and merchants [5] Group 5: DeFi Development (DFDV) - DeFi Development is a B2B fintech marketplace that connects commercial property borrowers and lenders, aiming to enhance efficiency and transparency in the commercial real estate lending market [6] - The platform provides technology to assist borrowers in refinancing, building, or purchasing commercial properties [6] Group 6: Society Pass (SOPA) - Society Pass Incorporated operates fintech and e-commerce platforms across multiple countries, including Singapore, Vietnam, and the U.S., focusing on various segments such as online grocery delivery and digital marketing [7][8] - The company aims to serve both consumers and merchants through its diverse range of services [8]

Core Viewpoint - Premarket trading is showing significant activity with notable price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Ventyx Biosciences, Inc. (VTYX) increased by 57% to $15.79 [3] - Cardio Diagnostics Holdings, Inc. (CDIO) rose by 36% to $4.02 [3] - Monte Rosa Therapeutics, Inc. (GLUE) saw a 28% increase to $20.54 [3] - Momentus Inc. (MNTS) gained 27% reaching $12.50 [3] - BioAge Labs, Inc. (BIOA) went up by 13% to $17.50 [3] - Neumora Therapeutics, Inc. (NMRA) increased by 11% to $2.03 [3] - Mobileye Global Inc. (MBLY) rose by 10% to $13.45 [3] - Society Pass Incorporated (SOPA) increased by 10% to $3.47 [3] - SU Group Holdings Limited (SUGP) saw an 8% rise to $6.32 [3] - Critical Metals Corp. (CRML) gained 7% reaching $12.73 [3] Premarket Losers - Evolution Metals & Technologies Corp. (EMAT) decreased by 28% to $15.20 [4] - Ascent Solar Technologies, Inc. (ASTI) fell by 12% to $4.65 [4] - Apogee Enterprises, Inc. (APOG) saw a 10% decline to $33.30 [4] - Next Technology Holding Inc. (NXTT) dropped by 8% to $8.49 [4] - AST SpaceMobile, Inc. (ASTS) decreased by 7% to $90.45 [4] - Nomadar Corp. (NOMA) fell by 7% to $3.66 [4] - EZGO Technologies Ltd. (EZGO) decreased by 7% to $1.99 [4] - Cohen & Company Inc. (COHN) saw a 6% decline to $28.30 [4] - PMGC Holdings Inc. (ELAB) dropped by 4% to $5.34 [4] - Anghami Inc. (ANGH) decreased by 3% to $4.49 [4]

Core Viewpoint - Society Pass Incorporated has successfully closed a public offering of 1,500,000 shares at a price of $2.00 per share, raising gross proceeds of $3 million, which will be used for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The public offering consisted of 1,500,000 shares priced at $2.00 each, resulting in total gross proceeds of $3 million before expenses [1]. - Rodman & Renshaw LLC served as the exclusive placement agent for the offering [2]. - The offering was conducted under a registration statement on Form S-1, which was declared effective by the SEC on December 29, 2025 [3]. Group 2: Company Overview - Society Pass was founded in 2018 and operates in the fast-growing e-commerce markets of Southeast Asia, including Vietnam, Indonesia, Philippines, Singapore, and Thailand, which collectively represent over 80% of the region's population [5]. - The company operates three interconnected verticals: digital media, travel, and lifestyle, leveraging technology to enhance customer experiences [5]. - Society Pass began trading on Nasdaq under the ticker SOPA in November 2021 [6].

Market Overview - The U.S. stock market is closing 2025 on a cautious note, with major index futures edging lower, extending a three-session losing streak, and hopes for a year-end "Santa Claus" rally fading [1] - Despite the recent pullback, 2025 has been a remarkable year for equities, with the S&P 500 poised for its third consecutive year of double-digit gains [1] Premarket Trading and Futures Movements - As of early Wednesday, U.S. stock futures indicated a softer open, with Nasdaq 100 futures down 0.43%, S&P 500 futures down 0.28%, and Dow Jones futures down 0.14% [2] - The S&P 500, Nasdaq Composite, and Dow Jones all finished slightly lower on Tuesday, marking the third consecutive day of losses [2] Commodities Market - Crude oil futures were trading lower by 0.38%, around $57.72 per barrel, while Gold Spot was down 0.35% to approximately $4,324.59 per ounce [3] Major Market Indexes Performance - The S&P 500 is on track for an annual gain of 17-18%, the Dow Jones has advanced 13-14%, and the Nasdaq Composite has jumped nearly 21% in 2025 [4] - This performance marks the S&P 500's third consecutive year of double-digit returns, a rare achievement since the 1940s [4] Federal Reserve Outlook - The Federal Reserve is expected to cut rates in 2026, with uncertainty regarding the extent and pace due to internal divisions and mixed economic data [6] - The FOMC approved a quarter-point reduction in December 2025, bringing the main interest rate to a range between 3.5% and 3.75% [6] - Inflation remains above the Fed's 2% target, with unemployment rising to 4.6% in November and only 64,000 jobs added [6] Corporate Developments - Vanda Pharmaceuticals shares surged over 18% after receiving FDA approval for its drug NEREUS [13] - Nike shares rose 1.54% following CEO Elliott Hill's purchase of approximately $1 million in company shares [13] - Nvidia's stock surged approximately 180% in 2025, driven by robust demand for AI chips, with ByteDance planning to increase spending on Nvidia's AI chips to around $14 billion in 2026 [13] - Urgent.ly Inc. shares rose significantly after the adjournment of its annual stockholder meeting [13] - Applied Digital announced a proposed merger with EKSO Bionics, leading to a 40% surge in EKSO shares [13] - FONAR Corporation shares surged 28.4% after confirming its acquisition by an insider-led group [13] - Society Pass Incorporated shares jumped 16.4% following a newly priced public offering [13] - Palantir and Tesla saw their shares decline amidst concerns about technology giants' capital expenditures [13] - Boeing shares advanced 0.6% after being awarded an $8.58 billion contract by the Defense Department [13] - Meta Platforms shares ended up 1.1% following its acquisition of an AI startup for over $2 billion [13]