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Money Talk

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Behneh Seeks Nasdaq Listing With 5 Million-Share IPO

Behneh plans to offer 5 million shares at $3 to $5 each in an initial public offering, according to the Singapore-based financial technology company’s filing. It intends to list on Nasdaq under the ticker BENE.

Behneh Seeks Nasdaq Listing With 5 Million-Share IPO

The company provides cross-border payment services to retail and institutional clients, including collecting funds and making payments on their behalf. Its core business is international transfers and related payment processing; Behneh has also expanded more recently into advisory services.

A 2023 inspection identified deficiencies in the company’s anti-money-laundering and counterterrorism controls, including customer due diligence and wire-transfer compliance. Behneh said it has since taken remediation measures to strengthen security and compliance.

In the six months ended April 30, 2026, revenue rose 17% from the same period a year earlier to $504,893. One customer accounted for 85% of revenue in that period.

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