The Payments Group Holding Updates on Legal Dispute with SGT Capital Group

On July 23, 2025, The Payments Group Holding (PGH), based in Frankfurt, provided an update on its ongoing legal disputes with SGT Capital LLC Group. The dispute involves financial claims by PGH totaling 6.0 and 7.7 million EUR, with a particular focus on a 1.4 million EUR claim linked to expenses incurred by TGS24 Capital Pte. Ltd., a subsidiary of PGH.

PGH asserts that SGT Capital has not presented any valid legal arguments to counter the claim. Despite various maneuvers by the debtor, PGH remains optimistic about recovering the 1.4 million EUR from SGT Capital Fund II and affiliated entities. PGH emphasizes the legal validity of its receivables and expects CSC Intertrust, the fund administrator, to facilitate the payment. Meanwhile, PGH continues its strategic acquisition endeavors, focusing on integrating four fintech companies to bolster its market position.