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MoneyHero Group went public via a SPAC merger with Bridgetown Holdings in a $283m deal.

Synopsis

MoneyHero Group, a financial products platform in Greater Southeast Asia, went public via a SPAC merger with Bridgetown Holdings, a special purpose acquisition company formed as a collaboration between Pacific Century Group and Thiel Capital, in a $283m deal. “We are proud to have achieved this significant milestone in our journey. Our merger with Bridgetown not only provides the capital to further our strategic vision, but also strengthens our steadfast commitment to simplifying financial decisions for our millions of users in Singapore, Hong Kong, The Philippines, Malaysia and Taiwan. This partnership will further strengthen our leading market position through continued investment in our top-tier financial products platform, which acts as a crucial bridge between consumers and financial institutions in the high-growth region of Greater Southeast Asia," Prashant Aggarwal, MoneyHero CEO.

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