Embed Financial Group (EFGH), a Singapore-based Finternet infrastructure provider operating across Africa and Asia, will merge with SPAC WinVest in a deal valuing the company at approximately US$425 million. The transaction will result in a newly formed holding company, expected to be renamed Embed Financial Global Holdings, becoming the listed parent as EFGH continues expanding its embedded finance rails for insurance, remittances, credit, and digital wallets. With operations already in 12 markets and partnerships spanning governments, telcos, and financial institutions, EFGH sees a Nasdaq listing as a catalyst to scale digital financial access for underserved consumers and SMEs across emerging economies.

Embed Financial Group to Combine With WinVest in $425M Deal