SC 13G 1 ea135172-13gfintech_fintech5.htm SCHEDULE 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

 

FinTech Acquisition Corp. V

(Name of Issuer)

 

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

 

31810Q 107

(CUSIP Number)

 

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

 

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨Rule 13d-1(b)

 

¨Rule 13d-1(c)

 

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

CUSIP No. 31810Q 107

 

1.

Names of reporting persons.

 

FinTech Masala Holdings, LLC

2.

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        

(b)  ¨

3.

SEC use only

 

4.

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

5. 

Sole voting power

 

0

6.

Shared voting power

 

9,186,667**

7.

Sole dispositive power

 

0

8.

Shared dispositive power

 

9,186,667**

9.

Aggregate amount beneficially owned by each reporting person

 

9,186,667**

10.

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

N/A

11.

Percent of class represented by amount in Row (9)

 

26.9%

12.

Type of reporting person (see instructions)

 

OO

 

**See Item 4 of this filing.

 

2

 

 

CUSIP No. 31810Q 107

 

1.

Names of reporting persons.

 

FinTech Masala, LLC

2.

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        

(b)  ¨

3.

SEC use only

 

4.

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

5. 

Sole voting power

 

0

6.

Shared voting power

 

9,186,667**

7.

Sole dispositive power

 

0

8.

Shared dispositive power

 

9,186,667**

9.

Aggregate amount beneficially owned by each reporting person

 

9,186,667**

10.

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

N/A

11.

Percent of class represented by amount in Row (9)

 

26.9%

12.

Type of reporting person (see instructions)

 

OO

 

**See Item 4 of this filing.

 

3

 

 

CUSIP No. 31810Q 107

 

1.

Names of reporting persons.

 

Cohen Sponsor Interests V, LLC

2.

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        

(b)  ¨

3.

SEC use only

 

4.

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

5. 

Sole voting power

 

0

6.

Shared voting power

 

9,186,667**

7.

Sole dispositive power

 

0

8.

Shared dispositive power

 

9,186,667**

9.

Aggregate amount beneficially owned by each reporting person

 

9,186,667**

10.

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

N/A

11.

Percent of class represented by amount in Row (9)

 

26.9%

12.

Type of reporting person (see instructions)

 

OO

 

**See Item 4 of this filing.

 

4

 

 

CUSIP No. 31810Q 107

 

1.

Names of reporting persons.

 

FinTech Investor Holdings V, LLC

2.

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        

(b)  ¨

3.

SEC use only

 

4.

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

5. 

Sole voting power

 

0

6.

Shared voting power

 

3,300,000**

7.

Sole dispositive power

 

0

8.

Shared dispositive power

 

3,300,000**

9.

Aggregate amount beneficially owned by each reporting person

 

3,300,000**

10.

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

N/A

11.

Percent of class represented by amount in Row (9)

 

9.7%

12.

Type of reporting person (see instructions)

 

OO

 

**See Item 4 of this filing.

 

5

 

 

CUSIP No. 31810Q 107

 

1.

Names of reporting persons.

 

FinTech Masala Advisors V, LLC

2.

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        

(b)  ¨

3.

SEC use only

 

4.

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

5. 

Sole voting power

 

0

6.

Shared voting power

 

5,886,667**

7.

Sole dispositive power

 

0

8.

Shared dispositive power

 

5,886,667**

9.

Aggregate amount beneficially owned by each reporting person

 

5,886,667**

10.

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

N/A

11.

Percent of class represented by amount in Row (9)

 

17.2%

12.

Type of reporting person (see instructions)

 

OO

 

**See Item 4 of this filing.

 

6

 

  

Item 1.  

 

(a)Name of Issuer

 

FinTech Acquisition Corp. V (the “Issuer”)

 

(b)Address of Issuer’s Principal Executive Offices

 

2929 Arch Street, Suite 1703

Philadelphia, PA 19104

 

Item 2.  

 

(a)Name of Person Filing

 

(1)FinTech Masala Holdings, LLC
(2)FinTech Masala, LLC
(3)Cohen Sponsor Interests V, LLC
(4)FinTech Investor Holdings V, LLC
(5)FinTech Masala Advisors V, LLC (collectively, the “Reporting Persons”)

 

(b)Address of Principal Business Office or, if none, Residence

 

The business address of each of the Reporting Persons is c/o FinTech Acquisition Corp. V, 2929 Arch Street, Suite 1703, Philadelphia, PA 19104. 

 

(c)Citizenship

 

Each of FinTech Masala Holdings, LLC, FinTech Masala, LLC, Cohen Sponsor Interests V, LLC, FinTech Investor Holdings V, LLC and FinTech Masala Advisors V, LLC is a Delaware limited liability company.

 

(d)Title of Class of Securities

 

Class A Common Stock, par value $0.0001 per share

 

(e)CUSIP Number

 

31810Q 107

 

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
       
  (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
       
  (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
       
  (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8) ;
       
  (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
       
  (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
  (j) A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
       
  (k) Group, in accordance with §240.13d-1(b)(1)(ii)(K).

  

7

 

 

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

Item 4.Ownership.

 

The information required by Items 4(a)-(c) is set forth in Rows 1 and 5 through 11 of the cover page for each Reporting Person and is incorporated herein by reference for each such Reporting Person. The beneficial ownership percentage for each Reporting Person is based on 34,186,667 shares of the Issuer’s common stock outstanding as of December 8, 2020.

 

FinTech Investor Holdings V, LLC (“Holdings”) is the direct beneficial owner of 640,000 shares of the Issuer’s Class A common stock and 2,660,000 shares of the Issuer’s Class B common stock. FinTech Masala Advisors V, LLC (“Masala Advisors” and together with Holdings, the “Sponsors”) is the direct beneficial owner of 5,886,667 shares of the Issuer’s Class B common stock. The shares of Class B common stock held by the Sponsors will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the Issuer's charter documents.

 

Cohen Sponsor Interests V, LLC is the manager of each of the Sponsors. FinTech Masala, LLC is the sole member of Cohen Sponsor Interests V, LLC. FinTech Masala Holdings, LLC is the sole member of FinTech Masala, LLC. FinTech Masala Holdings, LLC is in turn managed by its members, none of which is deemed a beneficial owner of the Issuer’s securities held by FinTech Masala Holdings, LLC based on the so-called “rule of three.” As a result of the foregoing, each of Cohen Sponsor Interests V, LLC, FinTech Masala, LLC and FinTech Masala Holdings, LLC shares voting and investment power over the shares of the Issuer’s common stock held directly by the Sponsors.

 

Item 5.Ownership of Five Percent or Less of a Class

 

N/A

 

Item 6.Ownership of More than Five Percent on Behalf of Another Person.

 

See Item 4.

 

Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

N/A

 

Item 8.Identification and Classification of Members of the Group

 

N/A

 

Item 9.Notice of Dissolution of Group.

 

N/A

 

Item 10.Certifications

 

N/A

 

8

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

February 12, 2021

 

  FINTECH MASALA HOLDINGS, LLC
   
 

By:

/s/ Daniel G. Cohen

  Name:   Daniel G. Cohen
  Title:   President
   
  FINTECH MASALA, LLC
   
 

By:

/s/ Daniel G. Cohen

  Name:   Daniel G. Cohen
  Title:   President
   
  COHEN SPONSOR INTERESTS V, LLC
   
  By:   FinTech Masala, LLC, its sole member
   
  By: /s/ Daniel G. Cohen
  Name:   Daniel G. Cohen
  Title:  President
   
  FINTECH INVESTOR HOLDINGS V, LLC
   
  By:   Cohen Sponsor Interests V, LLC, its manager
   
  By:   FinTech Masala, LLC, its sole member
   
 

By:

/s/ Daniel G. Cohen

  Name:   Daniel G. Cohen
  Title:   President
   
  FINTECH MASALA ADVISORS V, LLC
   
  By:   Cohen Sponsor Interests V, LLC, its manager
   
  By:   FinTech Masala, LLC, its sole member
   
  By: /s/ Daniel G. Cohen
  Name:   Daniel G. Cohen
  Title:   President

 

9

 

 

EXHIBIT I

 

JOINT FILING AGREEMENT

 

 The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

 

DATED as of February 12, 2021

 

  FINTECH MASALA HOLDINGS, LLC
   
 

By:

/s/ Daniel G. Cohen

  Name:   Daniel G. Cohen
  Title:   President
   
  FINTECH MASALA, LLC
   
 

By:

/s/ Daniel G. Cohen

  Name:   Daniel G. Cohen
  Title:   President
   
  COHEN SPONSOR INTERESTS V, LLC
   
  By:   FinTech Masala, LLC, its sole member
   
  By: /s/ Daniel G. Cohen
  Name:   Daniel G. Cohen
  Title:   President
   
  FINTECH INVESTOR HOLDINGS V, LLC
   
  By:   Cohen Sponsor Interests V, LLC, its manager
   
  By:   FinTech Masala, LLC, its sole member
   
 

By:

/s/ Daniel G. Cohen

  Name:   Daniel G. Cohen
  Title: President
   
  FINTECH MASALA ADVISORS V, LLC
   
  By:   Cohen Sponsor Interests V, LLC, its manager
   
  By:   FinTech Masala, LLC, its sole member
   
  By: /s/ Daniel G. Cohen
  Name:   Daniel G. Cohen
  Title:   President

 

 

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