Thiel-Backed SPAC Agrees to Merge With Asian Startup MoneyHero

MoneyHero Group, the Asian personal-finance comparison website, agreed to go public in a deal with a blank-check company backed by billionaires Peter Thiel and Richard Li.

The merger with Bridgetown Holdings Ltd. values MoneyHero at about $200 million including debt, according to a statement Thursday that confirmed an earlier Bloomberg News report. The combined company will have an enterprise value of as much as $342 million if there aren’t any redemptions by the special purpose acquisition company’s shareholders.

After the transaction closes, MoneyHero Ltd. will trade on the Nasdaq under the “MNY” ticker. The group, formerly known as ...