Announced
Financials
Tags
Friendly
Majority
Domestic
Pending
Single Bidder
fintech
Acquisition
Private
De-SPAC
United States
Merger
FinTech
Reverse Takeover
Synopsis
Seamless Group, a fintech company, agreed to go public via a SPAC merger with INFINT Acquisition in a $400m deal. “Upon formation of INFINT Acquisition Corporation, our team has been hard at work focused on finding the best partner and have evaluated a number of potential candidates. Ultimately, we believe that we have found the ideal partner in Seamless Group, a leading global fintech platform. We believe Seamless is uniquely positioned in the remittance market and our commitment to them will further help build upon what is already a growing business and enhance its value proposition over time,” Sasha Edgarov, INFINT CEO.
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