Cobo to unveil rebrand and upgraded enterprise payment wallet products at Singapore FinTech Festival

Cobo said it plans to announce a brand upgrade during the Singapore FinTech Festival in mid-November and present new capabilities for its institutional wallet business, including upgraded products designed for enterprise and AI agent payment use cases. Founded in 2017, the company was first known for wallet products aimed at individual users before shifting its focus toward institutional and enterprise services. Cobo said it now serves more than 680 institutional clients across nearly 50 countries and regions. The showcase at SFF will cover its latest progress in institutional wallets, payments, and agent payments. The update comes a day after Cobo Wallet said its app service will be formally shut down on Dec. 1, 2026. Users were asked to transfer out all assets before 23:59 on Nov. 30 and update any receiving addresses previously set as Cobo Wallet addresses on other platforms. Cobo said the app had stopped accepting new user registrations in 2021 and had remained available for existing users so they had enough time to withdraw funds. The company described the latest brand and product changes as part of its continued push into institutional business.