InFinT Acquisition Corp.

General Information
Business:

We intend to focus our search on a target that aligns with the background and experience of our sponsor in financial technology. We expect to focus primarily on companies that serve five primary sub-sectors of our market segment: Banking & Payments; Capital Markets; Data & Analytics; Insurance; and Investment Management. We seek financial technology companies in these sub-sectors that exhibit infrastructure-like characteristics and are strategically important to their customers. (Incorporated in the Cayman Islands) 

Our sponsor is InFinT Capital LLC (together with its affiliates, “InFinT Capital” or “Sponsor”), a United States-based sponsor group with extensive investment, operating and innovating experience.

InFinT Acquisition Corp. was founded by our sponsor, InFinT Capital LLC, and led by our CEO and board member Alexander Edgarov, our board member (and founder of our sponsor) Kevin Chen, and our chairman of the board Eric Weinstein – all with substantial ties to China and Hong Kong. Notwithstanding such ties to China and Hong Kong, the Company (including our sponsor) conducts all of its operations in the United States, and we have no intention of ever conducting our principal operations in, or acquiring any business that is based in, or which does business in, China or Hong Kong or which uses, or may use, a variable interest entity structure to conduct China-based operations.

(Note: InFinT Acquisition Corp. upsized its SPAC IPO at pricing on Nov. 18, 2021, to 17.39 million units, up from 15 million in the prospectus, at $10 each to raise $173.9 million. Previously: InFinT Acquisition Corp. trimmed the size of its SPAC IPO to 15 million units, down from 17.5 million units initially, at $10 each in an S-1/A filing dated Oct. 19, 2021.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address 32 Broadway, Suite 401 New York, NY 10004
Phone Number 212-287-5010
Web Address
View Prospectus: InFinT Acquisition Corp.
Financial Information
Market Cap $217.65mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol IFIN.U
Exchange NYSE
Shares (millions): 17.4
Price range $10.00 - $10.00
Est. $ Volume $173.9 mil
Manager / Joint Managers EF Hutton (A division of Benchmark Investments)
CO-Managers -
Expected To Trade: 11/19/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change