FinTech Acquisition, a blank check company formed by management of The Bancorp to acquire a financial technology business, raised $100 million by offering 10 million shares at $10 per share on Friday, February 13.
The company commands a diluted valuation of $137 million. FinTech Acquisition plans to list on the NASDAQ under the symbol FNTCU. Cantor Fitzgerald acted as the sole bookrunner on the deal.
