Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 0.0K |
Gross Profit | 0.0K |
Operating Expense | 455.8K |
Operating I/L | -455.8K |
Other Income/Expense | 406.1K |
Interest Income | 406.1K |
Pretax | -49.6K |
Income Tax Expense | -455.8K |
Net Income/Loss | -49.6K |
Finnovate Acquisition Corp. is a blank check company that seeks to merge with or acquire businesses in the financial technology sector, particularly those related to payments, insuretech, wealthtech, regtech, digital banking, fintech as a service (FAAS), banking as a service (BAAS), cyber area for financial institutions, blockchain and crypto, algo-trading and exchanges, and lending and credit line platforms. The company generates revenue through the acquisition and subsequent operation of these businesses, leveraging their expertise and market presence to drive growth and profitability.