Paya Confirms Merger with SPAC FinTech III (FTAC)

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Go back to Paya Confirms Merger with SPAC FinTech III (FTAC)

Paya and FinTech III Announce Merger Agreement

August 3, 2020 7:00 AM EDT

Leading Integrated Payments Provider to Go Public

Paya Processes Over $30 Billion of Transaction Volume for Over 100,000 Customers

Paya Management to Lead Combined Company

Transaction Includes Commitments for a $250 Million Common Stock Private Placement from a
High-Quality Investor Group Including Franklin Templeton and Wellington Management Company LLP

GTCR, a Leading Private Equity Firm, Will Remain the Companys Largest Stockholder

Investor Call on August 3, 2020 at 9:00 am EDT

ATLANTA--(BUSINESS WIRE)-- Paya, a leading... More