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Fusion Acquisition Corp. II

United States

Founded in

Feb 2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Company Information

Get to know Fusion Acquisition Corp. II

Company Information

Get to know Fusion Acquisition Corp. II

Fusion Acquisition Corp. II was a publicly-traded special purpose acquisition company (SPAC) sponsored by Fusion Sponsor II, LLC, and led by Chairman Jim Ross and CEO John James. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, or similar business combination. It successfully completed its initial public offering in February 2021, raising approximately $435 million. The company's focus was on acquiring businesses in the fintech, asset, and wealth management sectors. In June 2021, it announced a definitive agreement to merge with Dave Inc., a leading U.S. banking app. The business combination was successfully completed in January 2022, after which the combined company was renamed Dave Inc. and began trading on the Nasdaq under the ticker symbol "DAVE".

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