{"id":2027,"date":"2024-09-02T09:05:44","date_gmt":"2024-09-02T14:05:44","guid":{"rendered":"https:\/\/arc-group.com\/business-combination-infint-acquisition-corporation-seamless-group-inc\/"},"modified":"2025-01-23T11:59:15","modified_gmt":"2025-01-23T16:59:15","slug":"business-combination-infint-acquisition-corporation-seamless-group-inc","status":"publish","type":"post","link":"https:\/\/arc-group.com\/business-combination-infint-acquisition-corporation-seamless-group-inc\/","title":{"rendered":"Alarar Capital Group Announces Successful Completion of Business Combination Between INFINT Acquisition Corporation and Seamless Group, Inc."},"content":{"rendered":"<p>We are pleased to announce the successful completion of the business combination between INFINT Acquisition Corporation <strong>(&#8220;INFINT&#8221;) (NYSE: IFIN)<\/strong>, a special purpose acquisition company, and Seamless Group, Inc. (&#8220;Seamless&#8221;), a leading global fintech platform. This strategic merger marks a significant milestone as the combined entity, now known as CURRENC Group Inc. <strong>(&#8220;CURRENC&#8221;)<\/strong>, begins trading on the Nasdaq Stock Market LLC under the ticker symbol <strong>&#8220;CURR.&#8221;<\/strong> starting September 3, 2024.<\/p>\n<h2>About the Transaction<\/h2>\n<p>The business combination between INFINT Acquisition Corporation and Seamless Group, Inc. represents a significant development in the fintech industry. INFINT, a SPAC renowned for its mission to bring high-growth fintech companies to the U.S. public markets, has joined forces with Seamless, a pioneering fintech platform known for its seamless global transactions for e-wallets, financial institutions, and merchants. This merger will enhance CURRENC&#8217;s ability to expand its market presence, develop new products, and strengthen its position as a leading remittance hub worldwide. By combining INFINT\u2019s market access and financial acumen with Seamless\u2019s innovative digital ecosystem, CURRENC is poised to capitalize on the growing demand for efficient, real-time financial solutions and solidify its status as a major player in the global fintech space.<\/p>\n<h2>About INFINT Acquisition Corporation<\/h2>\n<p>INFINT Acquisition Corporation is a special purpose acquisition company (SPAC) focused on identifying and merging with high growth fintech companies worldwide. INFINT&#8217;s mission is to bring innovative fintech companies from diverse regions to the U.S. public markets, capitalizing on the rapid evolution of global digital infrastructure.<\/p>\n<h2>About Seamless Group, Inc.<\/h2>\n<p>Seamless Group Inc. is a leading fintech platform that provides a global digital ecosystem for e-wallets, financial institutions, and merchants. Seamless enables frictionless, real-time, cost-efficient fund transfers across over 150 countries, empowering millions of users with innovative financial solutions.<\/p>\n<p>As the proud financial advisor to INFINT Acquisition Corporation in this transaction, Alarar Capital Group is honored to have played a pivotal role in facilitating this successful merger.<\/p>\n<p>Sergio Camarero, President of Alarar Capital Group, commented on the successful merger, stating, &#8220;We congratulate both INFINT Acquisition Corporation and Seamless Group, Inc. on completing this transformative transaction. This merger represents a significant step forward in the global fintech space, and we are excited to see CURRENC Group Inc. emerge as a major player in the industry. We wish both parties continued success as they embark on this new chapter.&#8221;<\/p>\n<h2>About Alarar Capital Group<\/h2>\n<p>Alarar Capital Group is a global financial services and advisory firm specializing in bridging markets between Asia, the U.S., and Europe. Established in 2016, Alarar Capital Group is a leader in SPAC and IPO advisory services and offers a comprehensive range of financial services, including M&amp;A, venture capital, and strategic consulting. With offices in 12 countries across three continents, Alarar Capital Group is committed to facilitating international business growth and delivering exceptional value to our clients.<\/p>\n<h3>For more information or any questions, please contact:<\/h3>\n<p>Sergio Camarero<br \/>\nPresident<br \/>\n<a href=\"mailto:sergio.camarero@arc-group.com\">sergio.camarero@arc-group.com<\/a><\/p>\n<h3>For media inquiries, please contact:<\/h3>\n<p>Anna Sahlberg Carlsson<br \/>\nMarketing Manager<br \/>\n<a href=\"mailto:anna.sahlberg@arc-group.com\">anna.sahlberg@arc-group.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are pleased to announce the successful completion of the business combination between INFINT Acquisition Corporation (&#8220;INFINT&#8221;) (NYSE: IFIN), a special purpose acquisition company, and Seamless Group, Inc. (&#8220;Seamless&#8221;), a leading global fintech platform. This strategic merger marks a significant milestone as the combined entity, now known as CURRENC Group Inc. (&#8220;CURRENC&#8221;), begins trading on [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[20],"tags":[],"news_type":[41],"class_list":["post-2027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","news_type-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/posts\/2027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/comments?post=2027"}],"version-history":[{"count":1,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/posts\/2027\/revisions"}],"predecessor-version":[{"id":6260,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/posts\/2027\/revisions\/6260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/media\/2028"}],"wp:attachment":[{"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/media?parent=2027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/categories?post=2027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/tags?post=2027"},{"taxonomy":"news_type","embeddable":true,"href":"https:\/\/arc-group.com\/wp-json\/wp\/v2\/news_type?post=2027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}