InFinT Acquisition Corporation
IFIN-WT
New York Stock Exchange0.01
USD
+0.00
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InFinT Acquisition Corporation
IFIN-WT
(New York Stock Exchange)
Recent
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0.01
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- InFinT Acquisition Corporation (IFIN-WT) operates as a blank check company whose securities, including warrants traded under ticker IFIN-WT, originate from its prior structure as a Cayman Islands exempted company focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses; it targets financial services and fintech companies primarily in North America, Asia, Latin America, Europe, and Israel. Incorporated in 2021 and headquartered at 32 Broadway, Suite 401, New York, New York, the company raises capital through public markets to pursue such combinations without conducting significant operations prior to a target merger. Its sponsor, InFinT Capital LLC, supports operations led by CEO Alexander Edgarov, Chairman Eric Weinstein, and CFO Sheldon Brickman. In August 2024, InFinT completed a $400 million business combination with Seamless Group Inc., a global fintech platform providing cross-border digital remittances and cashless payment solutions in over 150 countries, resulting in the formation of Currenc Group Inc. (Nasdaq: CURR), which assumed InFinT's public listing while InFinT delisted from NYSE; this transaction involved shareholder approval on August 6, 2024, and closing on August 30, 2024, with Seamless spinning out non-core units like TNG Asia, FNTI, and GEA prior to merger. Post-merger, Currenc Group announced a June 2025 warrant exchange agreement canceling certain legacy warrants (including those exercisable into CURR shares) for ordinary shares, resolving disputes with holders like Alta and maintaining strategic focus on fintech expansion. In May 2025, principals launched INFINT Acquisition Corporation 2, a new SPAC filing for a $100 million IPO targeting fintech subsectors such as banking, payments, capital markets, data analytics, insurance, and investment management.