InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Carving out Share in Challenger Bank, Crypto Markets
September 22, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD), through strategic mergers and acquisitions, is helping to accelerate the growth of the challenger bank market. “In turn, the company is making financial services affordable and accessible, particularly to individuals in emerging markets, who grossly lack this access compared to their counterparts in developed regions. This focus is helping […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Tapping Emerging Technologies to Address Unmet Mobile Money Needs
September 15, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is working to develop a global financial technology ecosystem. “The company is keen on addressing unmet mobile money needs in developing and industrialized markets and making mobile transactions easier and more affordable. To turn its vision into a reality, FEXD is adopting emerging technologies like artificial intelligence (‘AI’),” a […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Helping Implement Solutions Across Changing Financial Landscape
August 31, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is a company formed to create and grow a global financial services ecosystem to address unmet mobile money needs in developing and industrialized countries and markets. “With digital money replacing physical cash, consumers buy products and services from anywhere in the world, making payments across borders. FEXD plans to […]
InvestorNewsBreaks — Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Helping Advance a Cashless Society
August 25, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD), a special purpose acquisition company (“SPAC”), is focused on the changing consumer landscape and how digital payments are shaping the way people transact. “In response, the company is pushing for the creation and proliferation of much-needed scalable access to systems and infrastructure that facilitate cashless payments, ultimately playing an […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Accelerating Crypto and Challenger Bank Market Growth
August 21, 2023
Fintech Ecosystem Development (NASDAQ: FEXD) is, through strategic mergers and acquisitions, helping accelerate the growth of the challenger bank market. In turn, the company is making financial services affordable and accessible, particularly to individuals in emerging markets, who grossly lack this access compared to their counterparts in developed regions. This focus is helping FEXD carve […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Eyes Leveraging Emerging Technologies to Reduce Costs, Accelerate Processing of Money Transfers
August 18, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is a company working to develop a global financial technology ecosystem comprising a network of mobile money platforms, technologies, applications, products, and services. “The technologies, the company’s website states, are meant to ‘make it easy to move money across borders to almost any place in the world, in virtually […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Driving Digital Financial Inclusion on Power and Capabilities of Artificial Intelligence
August 18, 2023
Long before large language models (“LLMs”) like ChatGPT and Bard democratized artificial intelligence (“AI”), this powerful technology existed and was deployed in different industries. The banking, financial services, and insurance (“BFSI”) industry, for instance, is recognized as one of the earliest and most prominent adopters of the technology, having first incorporated some form of AI […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Pushing AI Conversation Forward
August 11, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD), a special purpose acquisition company (“SPAC”), is exploring the use of artificial intelligence (“AI”) to power financial solutions. “As a company that understands the financial sector, FEXD knows the potential that artificial intelligence (‘AI’) has and the value it brings in transforming an industry that has, for a long […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Equips Users with Scalable Access to Cashless Alternatives Amid Boom in Digital Payments
August 7, 2023
Fintech Ecosystem Development (NASDAQ: FEXD), a special purpose acquisition company (“SPAC”), is focused on the changing consumer landscape and how digital payments are shaping the way people transact. In response, the company is pushing for the creation and proliferation of much-needed scalable access to systems and infrastructure that facilitate cashless payments, ultimately playing an integral […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Aims to Empower Underserved Populations Around the World
August 4, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD), a company formed to develop a global financial technology ecosystem, continues to develop a diverse portfolio of FinTech-related products and services to consumers and businesses in the United States, South Asia, East Asia, Africa, Europe, and Latin America. “FinTech innovations affect various dimensions of financial services, including domestic payments, […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Looking to Leverage Blockchain Technology’s Capabilities to Ease Cross-Border Money Transfers
August 2, 2023
When Satoshi Nakamoto, a mysterious figure whose identity remains unknown more than a decade later, launched Bitcoin, a digital currency built on top of a peer-to-peer network that recorded transactions by “hashing them into an ongoing chain of hash-based proof-of-work” that could not be changed “without redoing the proof-of-work” (https://ibn.fm/9rYlI), they may only have had […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Announces Deadline Date Extension to Complete Initial Business Combination
July 24, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) today announced that its board of directors has decided to extend the date by which the company must consummate an initial business combination (the “deadline date”) from July 21, 2023, for an additional month, to August 21, 2023. The company’s sponsor, Revofast LLC, deposited $110,000 into its trust account […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Maintains Strategic Focus as World Moves to Seamless Digital Money and Mobile Transactions
July 21, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD), a company working to stay ahead of fintech innovation, is guided by the vision to develop financial service applications that allow its customers to move money easily whilst making it more affordable for people to conduct transactions without touching cash. “The company believes this is a moment in history […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Continues to Support Cashless Society Technology by Meeting Mobile Money Needs Through Diverse Portfolio of Products and Services
July 21, 2023
Financial technology, more commonly referred to as fintech, fuels economic growth and reduces inequality, poverty, and informality in underdeveloped companies. For impoverished people and small businesses without access to financial services as simple as a bank account, fintech creates opportunities and the ability to send and receive payments securely and access to savings, credit, and […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Looking to Empower Populations As Fintech Shifts Consumer and Businesses Purchasing Power
July 19, 2023
As early as 2016 – and perhaps even earlier – the signs were emerging of the disruption that financial technology, or FinTech, was set to cause in the market. “FinTech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused startups and new market entrants innovate the products and […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Eyeing Solid Competitive Position in Emerging Global Markets
July 14, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is constantly exploring new ways to grow and improve the financial sector, specifically in line with creating and growing a global financial services ecosystem that addresses unmet mobile needs. “One area that FEXD is exploring is blockchain technology, an advancement in tech that is changing the remittance industry by […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Advancing the Use of AI to Power Financial Solutions
July 3, 2023
Fintech Ecosystem Development (NASDAQ: FEXD), a special purpose acquisition company (“SPAC”), is pushing the conversation around the use of artificial intelligence (“AI”) to power financial solutions, and for a good reason. As a company that understands the financial space, FEXD knows the potential that AI has to transform the space, and the value it brings […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) to Capitalize on the Power of Cryptocurrencies to Support Progress of Developing Countries
June 28, 2023
In a May 2022 report, rating agency Moody’s noted the highest cryptocurrency adoption was among lower-rated sovereigns. A summary of the report (https://ibn.fm/vUIRX) attributed this to the fact that digital currencies can facilitate “faster, more convenient, and lower-cost transactions for households and increase financial inclusion, benefitting countries where large parts of the population lack banking […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Makes Strategic Moves as Blockchain Continues To Influence the Remittance Industry
June 26, 2023
Fintech Ecosystem Development (NASDAQ: FEXD), a special purpose acquisition company (“SPAC”), is constantly exploring new ways to grow and improve the financial sector, specifically in line with creating and growing a global financial services ecosystem that addresses unmet mobile needs. Its focus has been on industrialized and developed countries and markets, all built on the […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Announces Third Deadline Date Extension to Complete Initial Business Combination
June 22, 2023
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) today announced that its board of directors has decided to extend the date by which the company must consummate an initial business combination (the “deadline date”) from June 21, 2023, for an additional month, to July 21, 2023. The company’s sponsor, Revofast LLC, deposited $110,000 into the company’s trust […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Committed to Supporting Fintech, Digital Money Processes in Underserved Markets
June 16, 2023
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 […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Equipping Cashless Societies with Scalable Access to Payment Technologies and Solutions
June 12, 2023
Consumers around the world were embracing cashless payments even before the COVID-19 pandemic broke out, from tapping a sales terminal with a mobile phone in the U.S. to making QR code payments in China. As a result, professional services multinational PWC writes in a report that this shift from cash payments “might ultimately lead to […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Servicing Underserved and Overlooked Markets Driving a Cashless Society
June 5, 2023
With plans to offer a diverse portfolio of fintech-related products and services for consumers and businesses in the United States, South Asia, East Asia, Africa, Europe, and Latin America, Fintech Ecosystem Development (NASDAQ: FEXD) continues to move forward in the service of underserved and overlooked markets within the global financial ecosystem. The FEXD management team […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Working to Identify High-Growth Targets, Leverage Emerging Technologies
May 22, 2023
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 […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is Leveraging Its Management Team’s Extensive Fintech Experience to Identify Combination Targets, Expanding Services into Promising Markets
May 10, 2023
More than seventy percent of the adult population in South-East (“SE”) Asia is either unbanked or underbanked, according to consultancy firm Bain (https://ibn.fm/w4Ulu), with the World Bank separately reporting that South Asia accounts for over twenty percent of all unbanked adults in the world (https://ibn.fm/X6Zao). But as Tzu-Chung Liang, a South-East Asia financial services strategy […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Committed to Helping Implement Cashless Society via Global Financial Services Ecosystem
May 5, 2023
As the financial services sector is undergoing a significant transformation, with digital payments continuing to expand in both number and transactional value, there is a rapidly growing opportunity for more diversified platforms and innovation driven by financial technology companies such as Fintech Ecosystem Development (NASDAQ: FEXD). A Delaware special purpose acquisition company, FEXD was formed […]
InvestorNewsBreaks – Why Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Is ‘One to Watch’
April 20, 2023
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 […]
InvestorNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Reschedules Special Meeting of Stockholders, Extends Deadline for Share Redemption
April 12, 2023
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 […]
Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Is ‘One to Watch’
April 4, 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 […]