We are a newly incorporated blank check company incorporated on April 24, 2019 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
While we may pursue an initial business combination target in any business or industry, we intend to focus our search for targets in the financial technology, technology and financial services industries (collectively, “fintech”), including those engaged in commercial, online and mobile banking and payments, trade finance and telecommunications, that offer a differentiated technology platform and product suite for interfacing with the financial services sector.
We believe that the wide networks of our management team will deliver access to a broad spectrum of opportunities across the fintech landscape. We intend to target fintech businesses that we consider to have strong management teams, robust growth prospects and that provide a differentiated product or service. Opportunities range from high-growth, customer facing technologies in money transfer, payments, lending and blockchain to more mature, high-margin, stable businesses providing critical processing and support to established financial services firms. Because we believe that certain fintech strategies present particularly strong growth opportunities, we intend to focus primarily on the following fintech sectors:
While we see opportunities in the above strategy, we do not intend to limit our search to one segment of the fintech ecosystem, but will instead target a wide variety of companies that deliver a technology solution to the financial services industry, inclusive of both consumer and back-office services. We believe that our extensive experience and demonstrated success in both investing and operating businesses in this industry has culminated in a unique set of capabilities, such as: