Fintech Ecosystem Development Corp. Announces Funding Of Trust Account To Extend Deadline To Complete Business Combination

Fintech Ecosystem Development Corp. (NASDAQ:FEXD) ("FEXD") announced today that Revofast LLC, FEXD's sponsor, has deposited an aggregate of $1,150,000 (representing $0.10 per public share), into FEXD's trust account. Accordingly, the date by which FEXD has to consummate a business combination has been extended from October 21, 2022 to January 21, 2023 (the "Extension").