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 costs from 7% to 3%. The company’s use of advanced technology is lowering fintech costs and international fees for cross-border transactions,” a recent article reads. “FEXD is committed to supporting the fintech and digital money processes in developing countries and cultures. Using its keen understanding of market needs in regions worldwide, the company is helping ensure humanity has a path forward from an unhygienic cash system – reducing poverty, improving the lives of the unbanked, offering securing and savings options for migrant workers, connecting families and communities, empowering charities and women, and educating underprivileged children.”
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About Fintech Ecosystem Development Corp.
Fintech Ecosystem Development is a special purpose acquisition company formed for the purpose of effecting one or more business combinations with an intent to focus on the financial technology sector. The company is sponsored by Revofast LLC and the management team led by CEO, president and founder Dr. Saiful Khandaker and a group of experienced business and technology innovators. For more information about the company, please visit www.FintechEcosys.com.
NOTE TO INVESTORS: The latest news and updates relating to FEXD are available in the company’s newsroom at https://ibn.fm/FEXD
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