Paya SPAC Presentation Deck
FinTech Acquisition III Overview
Differentiated SPAC platform with proven track record of success
1.
Betsy Z. Cohen
Chairman of the
Board
Daniel G. Cohen
CEO
James J.
McEntee, III
President and CFO
Based on IMXI closing price as of November 1, 2019
Transaction Highlights
FinTech Acquisition Corp. II
intermex
INTERNATIONAL MONEY EXPRESS
Acquired International Money Express, Inc., a remittance company, for $298.7M in
July 2018
• $76M secondary offering in September 2019 at $12.75/share (+27.5% return for
target rollover equity)
• 54.2% return to target stockholders in month following the secondary offering¹
FinTech Acquisition Corp.
cardconnect.
Acquired CardConnect Corp., a payments company, for $455.2M in July 2016
• CardConnect acquired in May 2017 by First Data Corp. for $750M
50% return to target stockholders within one year of closing
Insurance Acquisition Corp.
SHIFT
Announced the acquisition of Shift Technologies Inc., an automotive e-commerce
platform, on June 29, 2020 for $380M of equity and $303M in primary cash
proceeds
• Transaction is expected to close in the third quarter of 2020
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