~ CURRENC Stock to Trade on Nasdaq Under Ticker "CURR" ~
New York, NY, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Seamless Group Inc., a leading global fintech platform ("Seamless"), and INFINT Acquisition Corporation ("INFINT") (NYSE: IFIN), a special purpose acquisition company, today announced the completion of the previously announced business combination (the "Business Combination"). Beginning Tuesday, September 3, 2024, the combined company will operate as CURRENC Group Inc. ("CURRENC"), and the ordinary shares will trade on The Nasdaq Stock Market LLC under the ticker symbol "CURR."
Ronnie Ka Wah Hui, Chief Executive Officer of Seamless, Alexander King Ong Kong, the founder of Seamless and Executive Chairman of the Board, and Hagay Ravid, the Chief Financial Officer of Seamless, will continue to lead CURRENC in their respective positions.
Ronnie Ka Wah Hui, Chief Executive Officer of CURRENC, commented, "I am proud and honored by Seamless' achievement of this significant milestone as we embark on our journey as a publicly traded company. The listing on the Nasdaq Stock Market LLC enables CURRENC to aggressively build its image, develop new markets and expand our network to seek to become one of the leading remittance hubs globally. We are thankful for the INFINT team's continued collaboration, support, and conviction throughout the transaction process."
Alexander Edgarov, Chief Executive Officer of INFINT, added, "The INFINT team is excited to have successfully completed this business combination with Seamless. We are eager to see Alex, Ronnie and the team at CURRENC Group successfully execute their long-term operational and strategic objectives, building value for shareholders and stakeholders alike as they continue to develop a global fintech banking platform."
About Seamless Group Inc.
Seamless Group Inc. pioneers a global fintech banking platform for e-wallets, financial institutions and merchants worldwide, delivering frictionless real-time, cost efficient fund transfers. Seamless' state-of-the-art digital ecosystem empowers millions of smart consumers and businesses to win in over 150 countries.
About INFINT Acquisition Corporation
INFINT Acquisition Corporation is a Special Purpose Acquisition Corporation (SPAC) company on a mission to bring the most promising financial technology company from North America, Asia, Latin America, Europe and Israel to the U.S. public market. As a result of the pandemic, the world is changing rapidly, and in unique, unexpected ways. Thanks to growth and investment in the global digital infrastructure, legal, healthcare, automotive, financial, and other fields are evolving at a faster rate than ever before. INFINT believes the greatest opportunities in the near future lie in the global fintech space and are looking forward to merging with an exceptional international fintech company.
Advisors
Greenberg Traurig, LLP is serving as U.S. legal counsel and Mourant is serving as Cayman Islands legal counsel to INFINT in the transaction. Nelson Mullins Riley & Scarborough LLP is serving as U.S. legal counsel and Maples Group is serving as Cayman Islands legal counsel to Seamless in the transaction.