Doo Money Lender Limited, a subsidiary of Doo Group’s payment and exchange brand Doo Payment, has obtained a Money Lenders License from the Licensing Court of Hong Kong Companies Registry. The license formally permits the company to operate money lending services in Hong Kong under local regulations.Earlier, Doo Financial HK Limited, another Doo Group subsidiary, obtained a Type 1 Dealing in Securities license from the Hong Kong Securities and Futures Commission. The license allows the company to provide securities trading services, including dealing, distribution, underwriting, and placement activities, to clients in the region.Doo Money Lender Launches Licensed Loan ServicesThe company, incorporated under the Companies Ordinance, has established a professional team to provide loans to individuals and corporate clients. The license allows it to offer products including unsecured personal loans, property mortgages, and corporate financing. The company said, “Our adherence to Hong Kong’s rigorous Money Lenders Ordinance guarantees the legality and transparency of every credit service we provide.”Group Operates Across Multiple Global SectorsDoo Group, founded in 2014 and headquartered in Singapore, operates across ten business lines, including Brokerage, Wealth Management, Property, Payment & Exchange, FinTech, Financial Education, Healthcare, Consulting, Cloud, and Digital Marketing. Its entities are regulated by multiple global authorities and operate in cities including Dallas, London, Singapore, Hong Kong, Sydney, Cyprus, Dubai, Kuala Lumpur, Thailand, South Africa, and Egypt.Licensed Business Supports Group’s Financial ServicesThrough Doo Money Lender, the company said clients can access regulated credit solutions with enhanced fund security and privacy protection. The new licensed business is expected to complement Doo Group’s existing brokerage, wealth management, and payment services, providing integrated support for investment, capital turnover, and asset management.Doo Group Adjusts Regional OperationsBeyond its Hong Kong developments, Doo Group is making operational changes in other regions. Its brokerage arm, D Prime, appears to be vacating its Limassol office following staff layoffs, including the recent dismissal of its Cyprus-based marketing team. The company said it is “realigning its operational structure to enhance efficiency and concentrate resources within key strategic regions.” Separately, Doo Group confirmed that its Malaysian office was recently inspected by local authorities as part of a nationwide campaign, and stated that its operations remain fully compliant. This article was written by Tareq Sikder at www.financemagnates.com.

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