Fintech Ecosystem Development Corp. (FEXD) to Combine with Rana Financial & Mobitech International

Fintech Ecosystem (NASDAQ:FEXD) has entered into a definitive agreement to combine with financial services providers Rana and Mobitech at a combined enterprise value of $198 million. Rana and Mobitech provide digital borrowing and money transfer services to customers in Brazil and India, respectively. The combined company is expected to trade on the Nasdaq under the
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