NetworkNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Eyeing Solid Competitive Position in Emerging Global Markets

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) is constantly exploring new ways to grow and improve the financial sector, specifically in line with creating and growing a global financial services ecosystem that addresses unmet mobile needs. “One area that FEXD is exploring is blockchain technology, an advancement in tech that is changing the remittance industry by doing away with intermediaries in the money transfer process, ultimately making transactions cheaper, faster and more secure… FEXD’s focus on this technology is reflective of the general direction that the industry is taking,” a recent article reads. “FEXD plans to adopt this technology by making strategic acquisitions, which it is confident will also significantly help its annual revenues. ‘We are seeking to acquire and merge with high growth global fintech acquisition targets primarily operating in South Asia with a high volume of customers and a large network of agents,’ noted FEXD’s official communication. FEXD’s management is confident that this approach and these investments will give the company a ‘solid competitive position,’ especially in the emerging Fintech 3.0 global markets, allowing it to provide neo-banking services in the U.S., Mexico, Brazil, and India.” To view the full article, visit https://nnw.fm/vpKWe About Fintech Ecosystem Development Corp. Fintech Ecosystem Development is a special purpose acquisition company formed for the purpose of effecting one or more business combinations with an intent to focus on the financial technology sector. The company is sponsored by Revofast LLC and the management team led by CEO, president and founder Dr. Saiful Khandaker and a group of experienced fintech business and technology innovators. For more information about the company, please visit www.FintechEcosys.com. NOTE TO INVESTORS: The latest news and updates relating to FEXD are available in the company’s newsroom at https://nnw.fm/FEXD About NetworkNewsWire NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only) For more information please visit https://www.networknewswire.com Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer NetworkNewsWire (NNW) New York, New York www.networknewswire.com 212.418.1217 Office Editor@NetworkNewsWire.com NetworkNewsWire is part of the InvestorBrandNetwork.