GIC-backed fintech Pagaya to go public via $11.4 billion Spac deal

September 16, 2021 9:03 AM

BENGALURU (REUTERS) – US-Israeli fintech Pagaya on Wednesday (Sept 15) agreed to go public through a merger with special-purpose acquisition company (Spac) EJF Acquisition Corp in a deal with an enterprise value of US$8.5 billion (S$11.4 billion).

Source : http://www.straitstimes.com/business/companies-markets/gic-backed-fintech-pagaya-to-go-public-via-114-billion-spac-deal