Australian fintech firm Finder, which helps clients invest and save money, is working with an adviser on strategic options, including a sale to a blank-check company, as it seeks to expand its global footprint, Bloomberg reports.
Co-founder Fred Schebesta said the company, which runs a consumer comparison website and offers cryptocurrency trading, is in talks with a number of institutional and high net worth investors about buying into the business. Options include bringing in new investors to help fund an expansion in South East Asia and the U.S. ahead of a potential listing, either via an initial public offering or a deal with a SPAC.
Schebesta said the company received strong inbound interest from a range of investors and has appointed advisory firm Highbury Partnership to decide on which option to take as soon as July. Read more.
