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Next Fintech Holdings, Inc., a division of NextPlay Technologies (NASDAQ: NXTP)
Information by Research TrustFinance
Next Fintech Holdings, Inc. is a wholly-owned subsidiary and the financial technology division of NextPlay Technologies, Inc. (formerly traded as NASDAQ: NXTP). NextPlay Technologies operates as a holding company with a portfolio spanning in-game advertising, digital media, and fintech. The Next Fintech division was established to offer a suite of financial services, including international banking through its NextBank International entity, asset management, and electronic payment solutions. The company's mission was to build an integrated digital ecosystem combining its media and financial services. However, the parent company, NextPlay Technologies, has faced significant financial challenges, leading to its delisting from the NASDAQ stock exchange in June 2023 and a subsequent filing for Chapter 11 bankruptcy protection in February 2024.
United States
Industry
Financial