PE-backed CompareAsiaGroup merges with US-listed SPAC
CompareAsiaGroup, an Asia-focused financial products comparison platform also known as MoneyHero Group, has agreed to merge with a US-listed special purpose acquisition company (SPAC) at an enterprise value of approximately USD 342m.
Founded in 2014, CompareAsiaGroup has received five rounds of funding amounting to more than USD 160m, according to AVCJ Research. Nova Founders Capital and Stem Capital were the earliest investors in...
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