SPAC

A special purpose acquisition company, also known as a "blank check company" is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process.

Source: en.wikipedia.org

Today in B2B Payments: Embedded Finance in B2B Payments Means Customer Convenience; Open Communication and Tight Oversight for CFOs in 2022

Today in B2B Payments: Embedded Finance in B2B Payments Means Customer Convenience; Open Communication and Tight Oversight for CFOs in 2022
Today in B2B Payments: Embedded Finance in B2B Payments Means Customer Convenience; Open Communication and...
August 04, 2022  |  B2B Payments

Today in B2B payments, FLEETCOR adds Accrualify to continue diversifying its portfolio, while the digital B2B payments shift comes to Wall Street with the Plastiq...

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FinTech Seamless Group to Become Publicly Traded via SPAC, Expand Globally
FinTech Seamless Group to Become Publicly Traded via SPAC, Expand Globally
August 04, 2022  |  SPAC

Global FinTech platform Seamless Group will become publicly traded through a combination with special purpose acquisition company (SPAC) INFINT Acquisition Corp., the two companies announced...

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Plastiq’s SPAC Deal Brings SMB’s Digital B2B Payments Shift to Wall Street
Plastiq’s SPAC Deal Brings SMB’s Digital B2B Payments Shift to Wall Street
August 04, 2022  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Plastiq Plans SPAC Merger With Colonnade in Move to Go Public
Plastiq Plans SPAC Merger With Colonnade in Move to Go Public
August 04, 2022  |  SPAC

Plastiq, a B2B payments platform that empowers the small- to medium-sized business (SMB) economy, is planning to go public via a merger with Colonnade Acquisition...

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“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal
“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal
July 26, 2022  |  Fintech Investments

GloriFi, a Dallas tech company that bills itself as “pro-freedom, pro-America, pro-capitalism,” is getting ready to go public in a blank check merger worth $1.7...

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eToro, FinTech V Cancel SPAC Merger Deal
eToro, FinTech V Cancel SPAC Merger Deal
July 05, 2022  |  SPAC

Social investing network eToro Group and the special purpose acquisition company (SPAC) FinTech Acquisition Corp. V (FinTech V) have decided to call off their planned...

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Panera Ends IPO Plans With Danny Meyer’s SPAC, Citing Souring Economy
Panera Ends IPO Plans With Danny Meyer’s SPAC, Citing Souring Economy
July 01, 2022  |  IPO

The year 2021 was a major year for restaurants and other food and beverage (F&B) businesses going public, with initial public offerings (IPOs) bringing in...

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Report: Blockchain Payments Firm Roxe Close to $3.6B SPAC Merger
Report: Blockchain Payments Firm Roxe Close to $3.6B SPAC Merger
June 21, 2022  |  SPAC

Roxe Holdings, a blockchain-based payment company, is close to going public with a special purpose acquisition company (SPAC) merger, according to a Reuters report Tuesday...

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Freightos IPO Filings Show Platforms’ Place in Logistics’ Digital Transformation
Freightos IPO Filings Show Platforms’ Place in Logistics’ Digital Transformation
June 02, 2022  |  IPO

Embedded payments and the digitization of the supply chain are coming to a public market near you. Get the Full Story Complete the form to...

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