Fintech Ecosystem Development (NASDAQ: FEXD) Committed to Helping Implement Cashless Society – InvestorBrandNetwork (IBN) Content Platform

The company aims to build a global network of services, products, technologies and applications that will make it easy and affordable for consumers to move money almost anywhere in the world, and in any currency
FEXD is working to complete a merger, which will enable the company to strengthen its competitive position and provide neobanking services to unbanked consumers in several developing and industrialized markets around the world
FEXD is targeting consumers and businesses in multiple international markets, including South and East Asia, Africa, Latin America, Europe, and the United States
The number of cashless payments is set to almost triple by 2030, with the fastest growth expected in emerging markets targeted by FEXD
The transaction value of digital payments worldwide is anticipated to reach $14.7 trillion by 2027

As the financial services sector is undergoing a significant transformation, with digital payments continuing to expand in both number and transactional value, there is a rapidly growing opportunity for more diversified platforms and innovation driven by financial technology companies such as Fintech Ecosystem Development (NASDAQ: FEXD). A Delaware special purpose acquisition company, FEXD was formed with the purpose of helping implement a cashless society through a global financial services ecosystem that addresses unmet mobile money needs.

The cashless society is quickly becoming the default system for making payments, with digital payments worldwide expected to reach $9.46 trillion in transaction value this year, and to continue expanding at an annual growth grate of 11.8% to reach $14.7 trillion by…