5 Best SPACs to Invest In According to Reddit

3. FTAC Olympus Acquisition Corp. (NASDAQ: FTOC)

FTAC Olympus Acquisition Corp. (NASDAQ: FTOC) is a special purpose acquisition company based in Philadelphia. It is placed third on our list of 10 best SPACs to invest in according to Reddit. The target focus of the firm is the technology sector in general and the financial technology market in particular. It raised more than $754 million from IPO-related proceeds in August 2020. The CEO of the firm is Ryan Gilbert. 

FTAC Olympus Acquisition Corp. (NASDAQ: FTOC) has signed a definitive agreement for a merger with Payoneer, the New York-based fintech firm valued at over $3.3 billion that is going to debut on the stock market soon. The company is expected to begin trading on the NASDAQ exchange under the ticker PAYO. FTAC presently has a market capitalization of close to $1 billion.