FinTech platform Qenta and special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition (BSCA) have entered into an agreement to merge and list the combined company on the Nasdaq. The boards of directors of both companies have unanimously approved the transactions, the business combination is expected...
Malaysian payments technology company Super Apps is set to go public in the United States via a special purpose acquisition company (SPAC) merger that values the firm at $1.1 billion. The company said in a news release Wednesday (Oct. 19) it will merge with Technology...
The public debut for blockchain payments startup Roxe has been scrapped after its special purpose acquisition company (SPAC) merger with Goldenstone Acquisition was mutually terminated. Since the move to end the agreement was equally decided by both parties, there are no termination fees, according to...
Investors who put funds into blank check companies will likely see a liquidity boost of more than $75 billion in the next six months, as special purpose acquisition companies (SPACs) that went public during the listings boom will probably have to return their cash. The...
Mexican digital banking platform Covalto is planning to go public via a special purpose acquisition company (SPAC) merger, a move that would make it the first Mexican FinTech to trade on the United States markets. The company’s deal to list on the Nasdaq puts it...
Not all that long ago, capital was a commodity, Eliot Buchanan, CEO of B2B payments platform Plastiq, told Karen Webster. The credit spigots were open. Interest rates were cheap, and many small- to medium-sized businesses (SMBs) could get buy on a mix of their owners’...
Tick. Tock. Or to quote a bit of T.S. Eliot — hurry up, please, it’s time. For special purpose acquisition companies (SPACs), raising cash the past few years has been easy. The hard part has always been getting the deal done — now, more so...
In payments, the rebound in SPAC listings — if we can call it that — will likely be a short one. We wonder: Is the spate of recent headlines surrounding payments firms and FinTechs and other digital upstarts coming public via these once-blistering-got vehicles a...
Global FinTech platform Seamless Group will become publicly traded through a combination with special purpose acquisition company (SPAC) INFINT Acquisition Corp., the two companies announced in a Thursday (Aug. 4) press release. The transaction values Seamless at an enterprise value of $400 million and aims...
