Hong Kong-based Hyphen Group, a comparison engine for personal financial services, is in talks to go public via Provident Acquisition at around a $1 billion valuation, Bloomberg reports. Hyphen has raised $110 million from firms including Experian, IFC, Gobi Ventures, Goldman Sachs, ACE & Co. and Route 66 Ventures. Read more.
Related Posts
Trump Deal Partner’s Blank-Check Firm Seeks to Avoid Liquidation
The chief executive of the blank-check acquisition firm that plans to merge with former U.S. President Donald Trump’s new social media venture is chasing retail investors to save another of his deals from falling apart
Fintech Wise Advances in $11B Direct Listing in Win for London: Report
Fintech company Wise rose in its direct listing debut on the London Stock Exchange in the largest such deal ever, bolstering Brexit Britain’s capital-market hopes, Bloomberg reports.
SPAC Warrant Restatements Won’t Hit Credit, Moody’s Says: Report
The credit strength of companies shouldn’t be impacted if they’re forced to restate their financials because of the way they accounted for warrants in a SPAC transaction, CFO Dive reports, citing a Moody’s analysis.
Palihapitiya-Led SPAC Said to Discuss Akili Interactive Deal
A transaction that values the combined entity at more than $800 million has been discussed.