FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission. The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing platform. Terms of the deal were not disclosed. CardConnect is currently majority owned by FTV Capital, a growth equity investor in payments companies. FinTech Acquisition Corp. hadRead More
Post Tagged with: "FinTech Acquisition Corp"
The clock is ticking on FinTech Acquisition Corp. FinTech Acquisition Corp, believed to be the only “blank check” company in the fintech sector today, has by rule until Aug. 19 to consummate an acquisition with its $100 million, or face dissolution. A “blank check” company’s sole purpose is to make an acquisitionRead More