FinTech Evolution Acquisition Group registered today with the SEC to offer 20 million units at $10 each.
The SPAC will target fintechs in the B2C or B2B space.
The SPAC is led by CEO and Director Rohit Bhagat, who currently serves as the non-executive chairman of PhonePe. He is also a director, advisor or trustee to several other financial services companies in Asia.
The SPAC expects to apply for a NYSE listing under FTEV.U. Read more.