Exhibit 99.5

Consent to be Named as a Director Nominee

In connection with the filing by Fintech Ecosystem Development Corp. of the Registration Statement on Form S-4 with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), I hereby consent, pursuant to Rule 438 of the Securities Act, to being named as a nominee to the board of directors of Fintech Ecosystem Development Corp. in the Registration Statement and any and all amendments and supplements thereto. I also consent to the filing of this consent as an exhibit to such Registration Statement and any amendments thereto.

Dated: June 28, 2023	/s/ Dr. Rahul Kapoor, Ph.D
	Dr. Rahul Kapoor, Ph.D