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Kate Rooney

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    • CNBC
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    • New blank-check company from Bancorp founder lays groundwork for a fintech deal
      26 Aug 2020—CNBC
      Noam Galai | Getty Images A new shell company set up by a former banking CEO is set to go public this week, with the eventual plan to buy up a fintech company. The special purpose acquisition company -- also known as a SPAC -- will list on the Nasdaq Wednesday morning, according to its executives. Betsy Cohen, who founded and once ran The Bancorp, will act as chairman with Ryan Gilbert, general partner at Propel Venture Partners, as CEO. The $750 million company, “FTAC Olympus Acquisition,”...

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