This is the fifth blank-check company formed by Betsy Z. Cohen, a founder and the former CEO of The Bancorp (NASDAQ: TBBK); her son, Daniel G. Cohen, the president and CEO of the European business of Cohen and Company, Inc. (NYSE: COHN), a financial services company with about $2.63 billion in assets under management as of June 30, 2020, and James J. McIntee III, a director of Bancorp and The Bancorp Bank. Mr. McIntee was previously the CEO of Alesco Financial, an investment firm specializing in credit-related fixed-income investment, until it merged with Cohen & Company; he was the COO of Cohen & Company.

Mrs. Cohen is the chairman of the board of directors of FinTech Acquisition Corp. V. Mr. Cohen is the CEO of FinTech Acquisition Corp. V. Mr. McIntee is the president of this FinTech-focused blank check, or special-purpose acquisition company (SPAC). 

From the prospectus: “We currently intend to concentrate our efforts in identifying businesses providing technological services to the financial services industry, with particular emphasis on businesses that provide data processing, storage and transmission services, data bases and payment processing services.”