Fintech Acquisition Corp. V

NasdaqCM:FTCV Stock Report

Market Cap: US$343.9m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Fintech Acquisition V Management

Management criteria checks 1/4

Key information

Daniel Cohen

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure2.2yrs
CEO ownership17.2%
Management average tenure2.2yrs
Board average tenure2yrs

Recent management updates

Recent updates

Seeking Alpha • Jun 30

Online crypto brokerage EToro said to terminate deal to go public through a SPAC

Online crypto brokerage EToro and the SPAC that's taking it public are expected to let the deadline for their merger agreement to expire. The termination date for the $8.8 billion deal with Betsy Cohen's FinTech Acquisition Corp. V (NASDAQ:FTCV) was set to expire Thursday, according a report from The Information. FTCV had agreed in March 2021 to take stock- and cryptocurrency-trading platform eToro public via a SPAC merger, but the deal has reportedly run into regulatory problems as well as the stock market's volatility and plunge in crypto. The digital broker originally postponed the deal's completion date from the third quarter to Q4 of last year. Tel Aviv-based EToro primarily competes with Coinbase (COIN) as a consumer crypto-trading platform, but also offers stock-market trading similar to that of Robinhood Markets (HOOD). Wall Street originally embraced FTCV and eToro’s planned merger, with FinTech Acquisition Corp. V shares (FTCV) rallying 42.8% on the deal’s announcement. This is another SPAC that hasn't worked out for Cohen. Cohen's SPAC FTAC Athena Acquisition (FTAAU) terminated its agreement to take financial-connectivity firm Pico public at about a $1.8B valuation in late February.
Seeking Alpha • Jan 10

eToro Stands To Capitalize On The Rise Of The Apes

eToro is attempting to go public via a merger with a special purpose acquisition company. The company's social trading feature has presented both tailwinds and headwinds. Registered users and revenue continue to grow on the back of the pandemic.
Seeking Alpha • Nov 19

Fintech Acquisition Corp. V Target eToro Trades At A Discount To Its Peers (For Now)

eToro's funded accounts are ahead of their initial projections. Shares trade at a discount to their closest comps. Similar SPACs of European companies have flatlined only to jump later. The $10 SPAC floor provides downside protection while you wait.

CEO

Daniel Cohen (53 yo)

2.2yrs
Tenure

Mr. Daniel Gideon Cohen serves as Chairman of FTAC Zeus Acquisition Corp. since December 2020. Mr. Gideon serves as Independent Director of Perella Weinberg Partners since June 24, 2021. Mr. Cohen serves a...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Cohen
Chief Executive Officer2.2yrsno data17.22%
$ 59.2m
James McEntee
President & Secretary3.5yrsno datano data
Douglas Listman
Chief Financial Officer2.2yrsno datano data
2.2yrs
Average Tenure
53yo
Average Age

Experienced Management: FTCV's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Betsy Cohen
Chairman of the Board3.5yrsno datano data
Jan Zubrow
Independent Director2yrsno datano data
Lesley Goldwasser
Independent Director2yrsno datano data
Laura Kohn
Independent Director2yrsno datano data
2.0yrs
Average Tenure
62yo
Average Age

Experienced Board: FTCV's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/12/12 11:39
End of Day Share Price 2022/12/08 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fintech Acquisition Corp. V is covered by 1 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher AllenCompass Point Research & Trading, LLC