Summary List PlacementTech-focused investment bank FT Partners founder and CEO Steve McLaughlin formed a $500M fintech SPAC with Gene Yoon, the founder of private equity firm Bregal Sagemount, per Finextra. Through them, their firms will be affiliated with the SPAC. Trading on the NASDAQ, the Independence Holdings Corp. will acquire fintechs valued between $2 billion and $10 billion and will pay particular attention to those that process payments between businesses or provide financial management services. FT Partners' founder has a wealth of experience dealing with SPACs in the US, but Independence Holdings Corp. should look to Europe for acquisition opportunities.