Finnovate Acquisition Corp. has no significant operations. Its purpose is to complete a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on acquiring Israel-related companies, including those in payments, insurtech, wealthtech, regtech, digital banking, fintech as a service, banking as a service, cybersecurity for financial institutions, blockchain and crypto, algo-trading and exchanges, and lending and credit line platforms. The company was incorporated in 2021 and is based in Boston, Massachusetts.