Fintech Acquisition Corp. III
Completed 2020-10-16- CIK 1729756
- FTAC
- Now PAYA
- IPO 2018-11-19
- 109 filings
Successfully merged with Paya • Now trading as PAYA
- IPO Size
- $345M
- raised at the IPO
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2018
- year it listed
Filings, by quarter
109 filings over 13 quarters; violet bars carry a milestone
- 18 Q1: 2 filings
- 18 Q2: 0 filings
- 18 Q3: 3 filings
- 18 Q4: 38 filings
- 19 Q1: 11 filings
- 19 Q2: 10 filings
- 19 Q3: 1 filing
- 19 Q4: 3 filings
- 20 Q1: 7 filings
- 20 Q2: 1 filing
- 20 Q3: 14 filings
- 20 Q4: 14 filings
- 21 Q1: 5 filings
- S-1 filed 18 Q1
- IPO 18 Q4
- Definitive agreement 20 Q3
- Completed 20 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
FinTech Acquisition Corp. III is a blank-check company seeking to acquire an established business through an initial business combination. It intends to focus on businesses providing disruptive technological innovation to the financial services industry, while retaining the ability to pursue other industries.
Investment Focus
FinTech, Financial Services, Data & Analytics, Payment Platforms, Marketing, Cybersecurity
Key Information
As the filings state it
- IPO Date
- 2018-11-19
- PIPE
- $250M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2020-10-16
- Merger Target
- Paya
- SPAC Ticker
- FTAC
- Merged Ticker
- PAYA
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Its leadership includes financial-services and fintech veterans Daniel G. Cohen, Betsy Z. Cohen and James J. McEntee, III. The team led two prior blank-check companies through business combinations and has experience operating financial-services companies in public markets.