Akulaku, an Indonesian online lender backed by Jack Ma’s Ant Group, is considering a U.S. listing via a merger with a blank-check company that could value the combined entity at about $2 billion, Blomberg reports.
The fintech startup is working with advisers on a potential deal and is in early talks with Catcha Investment, the SPAC set up by internet entrepreneur Patrick Grove, said the people. A merger with a blank-check company could take place as soon as this year. Read more.
