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 offer a diverse portfolio of products and services to consumers and businesses in the United States, South Asia, East Asia, Africa, Europe, and Latin America – using a growth strategy that includes developing mobile transaction platforms, applications and services to help implement the changing financial landscape,” a recent article reads. “With so many areas of the world severely underserviced by financial service markets, FEXD plans to make it easier for people to access faster and cheaper ways of transferring money directly across borders to fund business transactions and provide support. With the increased interest in smartphone operation, mobile money platforms provide a solution for those who want to access financial institutions without requiring access to physical banking facilities. The company also allows people in other countries to access USD online accounts with FDIC assurance.”
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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 fintech business and technology innovators. For more information about the company, please visit www.FintechEcosys.com.
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