 PHILADELPHIA, PA, Dec. 03, 2020 GLOBE NEWSWIRE -- FinTech Acquisition Corp. V NASDAQ:FTCVU the Company, a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced the pricing of its initial public offering of 21,800,000 units at a price of 10.00 per unit, for gross proceeds to the Company of 218,000,000. The Companys units will be listed on the Nasdaq Capital Market under the symbol FTCVU and will begin trading on December 4, 2020. Each unit issued in the offering consists of one share of the Companys Class A common stock and one-third of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of 11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols FTCV and FTCVW, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The closing of the offering is anticipated to take place on or about December 8, 2020, subject to customary closing conditions. 