InFinT Acquisition Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alexander Edgarov
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 32 Broadway New York City NY United States of America 10004
- IPO Date
- Jan 12, 2022
- CIK
- 0001862935
- Website
- infintspac.com
- Similar Companies
- Business
- InFinT Acquisition Corporation operates as a special purpose acquisition company (SPAC) focused on identifying and merging with promising private enterprises primarily in the financial technology sector. Its core business involves facilitating capital market transactions such as mergers and acquisitions with companies in financial services and technology sub-sectors including banking and payments, capital markets, data and analytics, insurance, and investment management. The company targets businesses across North America, Asia, Latin America, Europe, and Israel. Founded in 2021 and headquartered in New York, New York, InFinT Acquisition Corporation serves mainly as an investment vehicle for acquiring or merging with fintech companies to bring them to U.S. public markets. A significant recent change for InFinT Acquisition Corporation is its successful business combination with Seamless Group Inc., a global fintech platform focused on digital money transfer services. This merger resulted in the formation of CURRENC Group Inc., which began trading on Nasdaq under the ticker symbol "CURR" in September 2024. Seamless Group, with substantial cash holdings and positive EBITDA, continues its leadership under CEO Ronnie Ka Wah Hui, Executive Chairman Alexander King Ong Kong, and CFO Hagay Ravid. This strategic merger underscores InFinT's commitment to advancing in the global fintech space and broadening market presence. Additionally, following the merger, InFinT Acquisition Corporation voluntarily delisted from the NYSE as part of the transition. Beyond this combination, InFinT Acquisition Corporation has pursued further capital raising initiatives through a subsequent SPAC, INFINT Acquisition 2, aiming to raise $100 million to continue targeting financial technology companies. Thus, InFinT Acquisition Corporation focuses on acquiring and merging with fintech businesses offering products and services such as digital payments, financial data analytics, banking software, and fintech platforms, with recent notable activity including the Seamless Group deal and transformation into CURRENC Group Inc. The company's strategic emphasis lies on leveraging mergers and acquisitions to foster growth within the fintech sector across global markets, maintaining a presence in major financial hubs and aiming to capitalize on the rapid evolution of digital financial infrastructure.
Seamless Group, Inc. Completes Business Combination with INFINT Acquisition Corporation to Become a Publicly Traded Company
INFINT Acquisition Corporation Announces Intention to Voluntarily Delist from NYSE, Conditional Upon Consummation of its Pending Business Combination with Seamless Group Inc.
INFINT Acquisition Corporation Announces Intention to Voluntarily Delist from NYSE American LLC, Conditional Upon Consummation of its Pending Business Combination with Seamless Group Inc.
INFINT Acquisition Corporation Receives Noncompliance Notification from the New York Stock Exchange Regarding Minimum Public Shareholders
INFINT ACQUISITION CORPORATION ANNOUNCES CONTRIBUTION TO TRUST ACCOUNT IN CONNECTION WITH PROPOSED EXTENSION
INFINT Acquisition Corporation Announces Cancellation of Extraordinary General Meeting
INFINT Acquisition Corporation Announces Plan to Make Additional Contributions to Trust Account in Support of Extension Amendment Proposal
Seamless Group Inc. Appoints Haggai Ravid as Chief Financial Officer
INFINT Acquisition Corporation Announces Filing of Registration Statement on Form S-4 in Connection with its Proposed Business Combination with Seamless Group Inc.
Seamless Group to Become Publicly Traded via SPAC, Expand Globally
Seamless Group Inc., a Leading Global Fintech Platform, to Become Publicly Traded Via Combination with INFINT Acquisition Corporation
INFINT Acquisition Corporation Announces the Separate Trading of Its Class A Ordinary Shares and Warrants Commencing on or About January 10, 2022