WinVest Acquisition Corp.

WinVest Acquisition Corp. (WINV) is a blank-check company (SPAC) that raised $100M in its initial public offering on Sep 16, 2021, listing on Nasdaq Capital Market. It agreed to combine with Embed Financial Group Cayman Holdings, announced on Dec 10, 2025, at a stated value of $425M. The deal has not closed yet. Chief Operating Officer of Siris Capital led the IPO, with Global Partners. Haynes and Boone advised the SPAC and Greenberg Traurig advised the underwriters on the IPO.

Embed Financial Group Cayman Holdings, founded in 2024 and headquartered in Singapore, is building a unified financial infrastructure to widen access to financial services in emerging markets. It provides embedded insurance, remittances, wallet solutions and digital payment rails to underserved consumers and small businesses in Africa and Asia.

Status

Deal announced

Ticker

WINV

IPO date

Sep 16, 2021

IPO size

$100M

IPO exchange

Nasdaq Capital Market

Target

Embed Financial Group Cayman Holdings

Target sector

Fintech

Announced

Dec 10, 2025

Stated deal value

$425M

Combined company

Embed Financial Group Holdings (formerly WinVest Holdings Corp.)

IPO underwriters

Chief Operating Officer of Siris Capital and Global Partners

SPAC counsel (IPO)

Haynes and Boone

Underwriters' counsel (IPO)

Greenberg Traurig