Quantum FinTech Acquisition Corporation (“QFTA.U”) is a blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While QFTA.U may pursue an initial business combination in any region or sector, we intend to focus our efforts on identifying high-growth financial services and FinTech businesses.
The management team maintains industry-leading relationships across the FinTech landscape and is capable of identifying, analyzing, and determining business quality and the sustainable competitive advantages of a target company.
We intend to acquire an established company with significant revenues and the potential for sustained growth. We will seek to acquire established businesses that we believe are fundamentally sound. We do not intend to acquire start-up companies, companies with speculative business plans, or companies that are excessively leveraged. Although there is no restriction or limitation on what industry our target operates in, we anticipate targeting companies providing technological services to the financial services industry, with particular emphasis on providers of data processing, industry growth technology, business-to-business access to transmission of currencies, storage and transmission services, databases, and payment processing services.
We believe that there are many target companies that could become attractive public companies. While we may pursue an initial business combination target in any industry or geographic region, we will seek to capitalize on the operational and investment experience of our management team in international markets and focus on companies that we believe have significant growth prospects globally with the potential to generate attractive returns for our stockholders. Our management team has deep experience in banking and financial services including lending, securities and currency trading systems, payments networks, clearing and settlement and in technologies and platforms — “FinTech” — related to delivering a wide range of financial services.
