Fintech Ecosystem Development Corp. (NASDAQ: FEXD), a company working to stay ahead of fintech innovation, is guided by the vision to develop financial service applications that allow its customers to move money easily whilst making it more affordable for people to conduct transactions without touching cash. “The company believes this is a moment in history when mobile money services are needed in a world moving to digital money and mobile transactions that are seamless across international borders. And with cryptocurrencies conveniently facilitating cross-border mobile transactions, even for users whose governments have restricted the movement of money out of their countries, FEXD’s focus on this advanced financial technology appears strategic,” explains a recent article. “‘We’re committed to supporting the progress of developing countries and cultures. We have a keen understanding of market needs in many regions of the world where cellphones are in wide use but mobile money services are not yet available,’ reads FEXD’s website. By channeling its resources and attention into these markets, the company hopes to ‘ensure humanity has a path forward from an unhygienic cash system; to reduce poverty; improve lives of the unbanked; offer security and saving options for migrant workers;’ and more.”
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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.
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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