Strategic Partnership · Payments · 2026

Lotus Tech, Finloop, and FOMO Pay collaborate on vehicle tokenization

Lotus Technology Inc. announced non-binding memorandum of understanding with Finloop Finance Technology Holding Limited; FOMO Pay on July 28, 2026.

Primary
Lotus Technology Inc.
Counterparty
Finloop Finance Technology Holding Limited; FOMO Pay
Structure
non-binding memorandum of understanding
Date
July 28, 2026
Sub-sector
Payments

Three-party MOU to explore RWA tokenization, digital payments, and on-chain settlement for luxury vehicle purchases using compliant fintech infrastructure.

Primary company
Lotus Technology Inc.
Amount
Not disclosed
Event date
July 28, 2026
Sub-sector
Payments
HQ
Not disclosed
Structure
non-binding memorandum of understanding
Source published
July 28, 2026
Publisher
GlobeNewswire

Source: manilatimes.net