Fintech Acquisition Corp. V
FTCVW
NASDAQ Capital Market0.00
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Fintech Acquisition Corp. V
FTCVW
(NASDAQ Capital Market)
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ROIC.AI
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- Business
- Fintech Acquisition Corp. V (FTCVW) is a blank check company whose sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets, with a particular focus on disruptive technological innovations in the financial services industry including data processing, transactional and data security, and rewards, loyalty and consumer engagement platforms. Founded in 2019 and headquartered at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania, the company raised $250 million in its initial public offering in December 2020 and targeted the global fintech sector without conducting other significant operations. In March 2021, it entered a definitive business combination agreement with eToro Group Ltd valued at $10 billion, which was mutually terminated in July 2022 due to unmet closing conditions; subsequently, in November 2022, the company announced its intention to redeem all outstanding Public Shares at approximately $10.08 per share and dissolve and liquidate effective December 9, 2022, in accordance with its charter after failing to complete an initial business combination within the required timeframe. As of late 2025, no further mergers, acquisitions, funding rounds, product launches or operational changes are reported, with the entity listed as inactive.