MEBOURNE, March 7 (Bernama-AsiaNet) — Leading Melbourne-based fintech and international education services aggregation firm, Studyfin Group, has announced the successful completion of a scrip merger with Singapore-based TaisEdu Pte Ltd, the international education arm of Tais TIC group. The deal has resulted in a post-merger valuation of $20 million AUD. Leading global legal firm, Baker McKenzie, acted as legal advisor for the deal.
Studyfin, launched in 2021 by John Du, is an online education and financial services aggregator that aims to operate at the forefront of the international education sector. The platform seeks to empower international students studying in Asia-Pacific countries to enjoy a better experience through the connection of digital wallets with various financial institutions, including banks, insurers, funds, and asset managers. Studyfin has received investments from leading regional VC firms such as Sapien Ventures.
Source: NAM News Network