We are pleased to announce the successful completion of the business combination between INFINT Acquisition Corporation (“INFINT”) (NYSE: IFIN), a special purpose acquisition company, and Seamless Group, Inc. (“Seamless”), a leading global fintech platform. This strategic merger marks a significant milestone as the combined entity, now known as CURRENC Group Inc. (“CURRENC”), begins trading on the Nasdaq Stock Market LLC under the ticker symbol “CURR.” starting September 3, 2024.
About the Transaction
The business combination between INFINT Acquisition Corporation and Seamless Group, Inc. represents a significant development in the fintech industry. INFINT, a SPAC renowned for its mission to bring high-growth fintech companies to the U.S. public markets, has joined forces with Seamless, a pioneering fintech platform known for its seamless global transactions for e-wallets, financial institutions, and merchants. This merger will enhance CURRENC’s ability to expand its market presence, develop new products, and strengthen its position as a leading remittance hub worldwide. By combining INFINT’s market access and financial acumen with Seamless’s innovative digital ecosystem, CURRENC is poised to capitalize on the growing demand for efficient, real-time financial solutions and solidify its status as a major player in the global fintech space.
About INFINT Acquisition Corporation
INFINT Acquisition Corporation is a special purpose acquisition company (SPAC) focused on identifying and merging with high growth fintech companies worldwide. INFINT’s mission is to bring innovative fintech companies from diverse regions to the U.S. public markets, capitalizing on the rapid evolution of global digital infrastructure.
About Seamless Group, Inc.
Seamless Group Inc. is a leading fintech platform that provides a global digital ecosystem for e-wallets, financial institutions, and merchants. Seamless enables frictionless, real-time, cost-efficient fund transfers across over 150 countries, empowering millions of users with innovative financial solutions.
As the proud financial advisor to INFINT Acquisition Corporation in this transaction, ARC Group is honored to have played a pivotal role in facilitating this successful merger.
Sergio Camarero, President of ARC Group, commented on the successful merger, stating, “We congratulate both INFINT Acquisition Corporation and Seamless Group, Inc. on completing this transformative transaction. This merger represents a significant step forward in the global fintech space, and we are excited to see CURRENC Group Inc. emerge as a major player in the industry. We wish both parties continued success as they embark on this new chapter.”
About ARC Group
ARC Group is a global financial services and advisory firm specializing in bridging markets between Asia, the U.S., and Europe. Established in 2015, ARC Group is a leader in SPAC and IPO advisory services and offers a comprehensive range of financial services, including M&A, venture capital, and strategic consulting. With offices in 12 countries across three continents, ARC Group is committed to facilitating international business growth and delivering exceptional value to our clients.
For more information or any questions, please contact:
Sergio Camarero
Vice President, Capital Markets
sergio.camarero@arc-group.com
For media inquiries, please contact:
Anna Sahlberg Carlsson
Marketing Manager
anna.sahlberg@arc-group.com
