Fintech Ecosystem Development Corp. FEXD Archives - Page 3 of 3

FridayJun 16, 2023 1:58 pm

QualityStocksNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Committed to Supporting Fintech, Digital Money Processes in Underserved Markets

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) continues to move forward with plans to offer a diverse portfolio of fintech-related products and services for consumers and businesses throughout the global financial ecosystem. “Digital money is replacing physical cash, with consumers able to buy products and services anywhere in the world and make payments across borders. FEXD is developing mobile transaction platforms and services that are helping implement the coming changes – especially in underserved and overlooked markets like rural areas and Asia, the Middle East, Africa, and Latin America. FEXD supports the United Nations’ Sustainable Development Goal to reduce cross-border transaction…

MondayJun 12, 2023 11:15 am

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Equipping Cashless Societies with Scalable Access to Payment Technologies and Solutions

Fintech Ecosystem Development seeks to offer a diverse portfolio of fintech-related products and services to consumers and businesses in Europe, South Asia, East Asia, Latin America, Africa, and the United States The company is looking to participate in the growing cashless payments space, where global payment transaction volumes are set to increase by almost 300% by 2030 FEXD intends to acquire or merge with pioneering fintech companies with, among others, a large customer base and the potential to be scaled up to global markets By executing its growth strategy, the company looks to equip cashless societies with scalable access to…

MondayJun 05, 2023 9:45 am

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Servicing Underserved and Overlooked Markets Driving a Cashless Society

Digital money is replacing physical cash, and FEXD is developing mobile transaction platforms and services that are helping implement the coming changes in the fintech market FEXD plans to acquire and merge with companies that include country-based fintech pioneers with global scalability, fintech service providers, companies with large customer bases, and more The company is helping ensure humanity has a path forward from archaic and restrictive cash systems – reducing poverty, improving the lives of the unbanked, providing critical financial options for migrant workers, connecting families and communities, empowering charities and women, and educating underprivileged children With plans to offer…

MondayMay 22, 2023 1:24 pm

QualityStocksNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Working to Identify High-Growth Targets, Leverage Emerging Technologies

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is a special-purpose acquisition company formed to develop a global financial technology system. “FEXD’s goal is to identify and engage in a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with a business – or more – that has developed or is developing technology that enables communities and companies to store and transfer money within developing countries and across international borders. To achieve this, the company, led by CEO and Founder Dr. Saiful Khandaker, plans to leverage its management team’s experience in the fintech sector to identify high-growth targets…

WednesdayMay 10, 2023 9:45 am

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is Leveraging Its Management Team’s Extensive Fintech Experience to Identify Combination Targets, Expanding Services into Promising Markets

FinTech Ecosystem Development Corp. is a SPAC whose goal is to identify and engage in business combinations with businesses that have developed or are developing technology that enables communities and companies to store and transfer money The company is targeting developing countries, particularly those in South Asia, a region where vast sections of the population are underbanked or unbanked 85FEXD plans to leverage its management’s experience in the Fintech sector to identify high-growth targets primarily operating in South Asia with a high volume of customers and growing demand Experts believe that Asia is a ripe market for financial innovation, given…

FridayMay 05, 2023 9:00 am

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Committed to Helping Implement Cashless Society via Global Financial Services Ecosystem

The company aims to build a global network of services, products, technologies and applications that will make it easy and affordable for consumers to move money almost anywhere in the world, and in any currency FEXD is working to complete a merger, which will enable the company to strengthen its competitive position and provide neobanking services to unbanked consumers in several developing and industrialized markets around the world FEXD is targeting consumers and businesses in multiple international markets, including South and East Asia, Africa, Latin America, Europe, and the United States The number of cashless payments is set to almost…

ThursdayApr 20, 2023 12:20 pm

QualityStocksNewsBreaks – Why Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Is ‘One to Watch’

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is a special purpose acquisition company (“SPAC”) formed to effect one or more business combinations with an intent to focus on the financial technology sector. The FEXD management team has extensive experience in developing global fintech platforms and services. “The company’s mission is to create and grow a global financial 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 its global fintech ecosystem and by continuing the development of…

WednesdayApr 12, 2023 1:33 pm

QualityStocksNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Reschedules Special Meeting of Stockholders, Extends Deadline for Share Redemption

Fintech Ecosystem Development (NASDAQ: FEXD) has announced plans to adjourn the company’s special meeting of stockholders; the meeting was scheduled for today, but the company intends on reconvening the Special Meeting on Thursday, April 20, 2023, at 10 a.m. ET. The company is also extending the deadline for holders of its shares of Class A common stock to exercise their right to redeem their shares for their pro rata portion of the funds available in the company's trust account, or to withdraw any previously delivered demand for redemption; that deadline has been changed to April 18, 2023, at 5 p.m.…

TuesdayApr 04, 2023 9:45 am

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Is ‘One to Watch’

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…

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