- The FEXD management team has extensive international experience in developing global fintech platforms and services
- The company in September 2022 announced a business combination with Rana Financial, which provides transfer of funds services between the U.S. and Latin America
- At that same time, FEXD announced the acquisition of Afinoz, a digital lending platform used by India’s leading banks
- In January 2023 the company announced an extension to close its announced business combinations with Rana and Afinoz through April 2023
Fintech Ecosystem Development (NASDAQ: FEXD) is a special purpose acquisition company (“SPAC”) formed for the purpose of effecting one or more business combinations with an intent to focus on the financial technology sector.
The company’s mission is to create and grow a global financial services ecosystem to address unmet mobile money needs in developing and industrialized countries and markets. FEXD plans to achieve this by acquiring and merging with financial technology pioneers that have the potential to help establish…
NOTE TO INVESTORS: The latest news and updates relating to FEXD are available in the company’s newsroom at https://ibn.fm/FEXD
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