VPC Impact Acquisition Holdings III, Inc.
General Information | |
Business: | We intend to concentrate our efforts in identifying high-growth businesses in the FinTech industry headquartered in the United States or with operations or prospective operations within the United States. We anticipate these targets to have an enterprise value of approximately $800 million to $3.0 billion. Within the broader FinTech industry, specific sectors of focus will include businesses in the payment processing, digital “buy now pay later” space, digital banks or neo banks, e-commerce financing, digital lending, remittance, underwriting and data analytics, insurance technology, real estate technology, property technology and fraud detection sectors. We will place particular emphasis on acquiring a FinTech business with a best-in-class management team, rapid sales growth, industry-leading unit economics, a differentiated technology platform and attractive competitive dynamics within a geography and/or industry vertical that offers a large and expanding addressable market. In considering potential acquisition targets, we will prioritize targets that promote financial inclusion and superior value add to the end consumer or small-to-medium enterprise (“SME”) through lowering overall transaction costs and providing access to high-quality financial services. Our sponsor is affiliated with Victory Park Capital Advisors, a registered investment advisor founded in 2007. (Note: VPC Impact Acquisition Holdings III priced its SPAC IPO on March 4, 2021, in line with the terms in it prospectus: 22.5 million units at $10 each to raise $225 million.) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | Victory Park Capital Advisors, LLC 150 North Riverside Plaza, Suite 5200 Chicago, IL 60606 |
Phone Number | 312-701-1777 |
Web Address | |
View Prospectus: | VPC Impact Acquisition Holdings III, Inc. |
Financial Information | |
Market Cap | $281.25mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | VPCC |
Exchange | NYSE |
Shares (millions): | 22.5 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $225.0 mil |
Manager / Joint Managers | Citigroup/Jefferies |
CO-Managers | - |
Expected To Trade: | 3/5/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |