/biz/ - Business & Finance

First for FGNA.

The management team is led by Joseph Moglia, chairman and former CEO of TD Ameritrade and Thinkorswim. This SPAC is trading close to NAV below 11 dollars so downside risk is limited. They are looking for a Fintech target, If Robinhood was their target this SPAC would go to 100 dollars easily. However they have other targets in mind such as Plaid. This is a financial services company based in San Francisco, California. The company builds a data transfer network that powers fintech and digital finance products. They have innovative online debt services for merchants and consumers.

The products of PLAID overlap with $FGNA’s target objectives. Furthermore VISA’s plan to take over PLAID was halted by the department of justice a few days ago. If they want to go public their options are SPAC, IPO, or direct listing. The SPAC route offers the best chance of getting public quickly in favorable terms

First for FGNA.

The management team is led by Joseph Moglia, chairman and former CEO of TD Ameritrade and Thinkorswim. This SPAC is trading close to NAV below 11 dollars so downside risk is limited. They are looking for a Fintech target, If Robinhood was their target this SPAC would go to 100 dollars easily. However they have other targets in mind such as Plaid. This is a financial services company based in San Francisco, California. The company builds a data transfer network that powers fintech and digital finance products. They have innovative online debt services for merchants and consumers.

The products of PLAID overlap with $FGNA’s target objectives. Furthermore VISA’s plan to take over PLAID was halted by the department of justice a few days ago. If they want to go public their options are SPAC, IPO, or direct listing. The SPAC route offers the best chance of getting public quickly in favorable terms