XData Group, a Tallinn-based software development firm focused on B2B solutions for the banking sector, is set to go public on Nasdaq in early 2025. The company recently entered a definitive agreement with SPAC Alpha Star, which values the transaction at $180 million. This merger aims to enhance XData's growth, increase visibility, and attract investments as they expand operations and product offerings in Europe. CEO Roman Eloshvili emphasizes the merger as a significant opportunity to accelerate product development and strengthen partnerships in the financial sector.
Alpha Star has an unwavering commitment to help dynamic companies, particularly in the technology and financial sectors, achieve their potential.
At XData Group, we are committed to delivering cutting-edge services to as many financial institutions as possible.
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