MonetaGo, a Delaware-domiciled trade finance firm with operations in New York, Singapore and Mumbai, is in early merger talks with Singapore Exchange (SGX)-listed special purpose acquisition companies (SPACs), according to sources aware of the matter.
The US fintech startup is understood to have engaged in discussions with a few SPACs, including Tikehau Capital-backed Pegasus Asia, a $120-million blank cheque firm that was listed on the SGX in January.
