Portfolio Exits
1Service Providers
1About Fintech Acquisition
Fintech Acquisition (NASDAQ: FNTCU) is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Want to inform investors similar to Fintech Acquisition about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Fintech Acquisition News
Jan 10, 2023
Following the termination of its proposed Special Purpose Acquisition Company (SPAC) deal with Amsterdam-listed Disruptive Capital Acquisition Company last month, Saxo Bank says it is keeping “all options open.” Additionally, the Denmark-based broker and online investment bank said NASDAQ Copenhagen is its preferred venue for public listing. The CEO, Kim Fournais told Reuters that the firm is considering giving its outside investors a new means to cash in. This could include an initial public offering (IPO) that could come as early as this year, Fournais told the outlet. Saxo Bank’s abandonment of the SPAC deal last month meant that existing shareholders, Chinese automaker Geely and Finnish insurer Sampo, had to put their plan to liquidate a part of their holdings in the firm on hold. However, an anonymous source told the news outlet that the Danish firm was considering the option of a private share placement. However, Fournais told Reuters no concrete decision has been reached. Similarly, Israel-based eToro, a social trading and multi-asset investment company, terminated its merger deal with a blank-check company, FinTech Acquisition Corp. V in July last year. The Israeli firm had intended to make its public listing debut on NASDAQ following a proposed merger that was first announced in March 2021. Keep Reading Additionally, retail forex trading on the platform declined by -12.2% to $121.3 billion in December, which is down from $138 billion in the prior month. Meanwhile, Saxo Bank recently appointed Mads Dorf Petersen as its permanent Group Chief Financial Officer. Before the permanent position, Petersen served in an interim capacity following the departure of Mette Pedersen in October last year. Following the termination of its proposed Special Purpose Acquisition Company (SPAC) deal with Amsterdam-listed Disruptive Capital Acquisition Company last month, Saxo Bank says it is keeping “all options open.” Additionally, the Denmark-based broker and online investment bank said NASDAQ Copenhagen is its preferred venue for public listing. The CEO, Kim Fournais told Reuters that the firm is considering giving its outside investors a new means to cash in. This could include an initial public offering (IPO) that could come as early as this year, Fournais told the outlet. Saxo Bank’s abandonment of the SPAC deal last month meant that existing shareholders, Chinese automaker Geely and Finnish insurer Sampo, had to put their plan to liquidate a part of their holdings in the firm on hold. However, an anonymous source told the news outlet that the Danish firm was considering the option of a private share placement. However, Fournais told Reuters no concrete decision has been reached. Similarly, Israel-based eToro, a social trading and multi-asset investment company, terminated its merger deal with a blank-check company, FinTech Acquisition Corp. V in July last year. The Israeli firm had intended to make its public listing debut on NASDAQ following a proposed merger that was first announced in March 2021. Keep Reading
Fintech Acquisition Portfolio Exits
1 Portfolio Exit
Fintech Acquisition has 1 portfolio exit. Their latest portfolio exit was CardConnect on July 06, 2017.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/6/2017 | Acq - P2P | 3 |
Date | 7/6/2017 |
---|---|
Exit | Acq - P2P |
Companies | |
Valuation | |
Acquirer | |
Sources | 3 |
Fintech Acquisition Acquisitions
1 Acquisition
Fintech Acquisition acquired 1 company. Their latest acquisition was CardConnect on March 08, 2016.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/8/2016 | Growth Equity | $50M | Reverse Merger | 1 |
Date | 3/8/2016 |
---|---|
Investment Stage | Growth Equity |
Companies | |
Valuation | |
Total Funding | $50M |
Note | Reverse Merger |
Sources | 1 |
Fintech Acquisition Service Providers
1 Service Provider
Fintech Acquisition has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Reverse Merger | Underwriter | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Reverse Merger |
Provider Type | Underwriter |
Service Type | Financial Advisor |
Partnership data by VentureSource
Fintech Acquisition Team
4 Team Members
Fintech Acquisition has 4 team members, including current President, James Joseph McEntee III.
Name | Work History | Title | Status |
---|---|---|---|
James Joseph McEntee III | FinTech Acquisition III, C&Co/PrinceRidge, Cohen & Company, Pegasus Communications, Lamb McErlane, and Wolf Block | President | Current |
Name | James Joseph McEntee III | |||
---|---|---|---|---|
Work History | FinTech Acquisition III, C&Co/PrinceRidge, Cohen & Company, Pegasus Communications, Lamb McErlane, and Wolf Block | |||
Title | President | |||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.