Fintech Scion, a Malaysia-based payments platform for merchants, filed on Friday with the SEC to raise up to $10 million in an initial public offering. The company is currently listed on the OTC under the symbol "FINR."
Fintech Scion provides a digital payments platform that offers a comprehensive suite of integrated payment products and services tailored to various channels, including in-store, online, and mobile/tablet interfaces. Its current client base encompasses an array of enterprises and organizations across a variety of sectors.
The Kuala Lumpur, Malaysia-based company was founded in 2013 and booked $2 million in revenue for the 12 months ended December 31, 2023. It plans to list on the Nasdaq under the symbol FINR. Spartan Capital Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
