TransGlobal Assets Inc. Acquires Incued to Innovate AI-Driven Private Markets
Deal News | May 01, 2025 | Globenewswire
TransGlobal Assets Inc., a company trading on the OTC market under the ticker TMSH, has announced the acquisition of a 51% controlling stake in the Incued Fintech Platform. This acquisition marks TransGlobal's strategic foray into the burgeoning AI-powered fintech sector, particularly in private market intelligence. By utilizing its proprietary AI systems, TransGlobal aims to enhance areas such as investor relations, risk assessment, and predictive analytics. The shift is led by their subsidiary MindWell Solutions Group, which plans to optimize the fintech platform for startups and private market players with tools like conversational AI and automated due diligence. The developments are expected to significantly increase revenues through tiered SaaS pricing and partnerships. Additionally, TransGlobal is expanding its reach into media with plans to exploit CEO Michael Berman's works to promote emotional intelligence within financial markets. This dual strategy is positioned to leverage technological and human-centered advancements to pioneer innovations in the finance sector.
Sectors
- Fintech
- Artificial Intelligence
- Media and Entertainment
Geography
- United States – The article is based in the U.S., specifically mentioning that TransGlobal Assets Inc. operates from Cheyenne, Wyoming.
Industry
- Fintech – The article focuses on the integration of AI technologies into the financial sector, particularly the private market intelligence space.
- Artificial Intelligence – The acquisition of Incued by TransGlobal denotes a significant move into the AI space, targeting automation in investor relations and risk management.
- Media and Entertainment – TransGlobal’s initiative to develop media content signifies an expansion into the media sector to promote emotional intelligence in financial markets.
Financials
- 51% – The stake acquired by TransGlobal Assets Inc. in Incued Fintech Platform, granting operational control and exclusive development rights.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TransGlobal Assets Inc. | Buyer | Company | A diversified innovation company advancing technologies at the intersection of finance, wellness, and artificial intelligence. |
| Incued Fintech Platform | Target company | Company | A platform aimed at modernizing private market intelligence and capital allocation through AI-driven tools. |
| MindWell Solutions Group | Subsidiary and Technology Innovator | Company | A subsidiary of TransGlobal Assets responsible for advancing technological solutions for the Incued platform. |
| Michael Berman | CEO | Person | CEO of TransGlobal Assets Inc., spearheading the strategic initiatives into AI and media content creation. |