Market Overview

FinTech Acquisition Corp. II and Intermex Holdings II, Inc. Announce Stockholder Meeting Date for Proposed Merger and Release Business Updates


FinTech Acquisition Corp. II (NASDAQ:FNTE) and Intermex Holdings II,
Inc. ("Intermex"), the parent company of Intermex® Wire Transfer, LLC, a
technology enabled wire transfer and financial processing solutions
provider, today released information relating to their previously
announced merger transaction and additional business updates.

This press release features multimedia. View the full release here:

Transaction Updates

FNTE announced today that it has set a record date of June 19, 2018 (the
"Record Date") and a meeting date of July 20, 2018 for a special meeting
of stockholders to consider FNTE's pending acquisition of Intermex (the
"Special Meeting"). As announced on December 19, 2017, FNTE has entered
into a definitive merger agreement (the "Merger Agreement") with
Intermex, a portfolio company of Stella Point Capital, LP ("Stella Point
Capital"), to acquire Intermex for total consideration of approximately
$260 million plus the assumption of existing indebtedness (the "Merger").

FNTE's stockholders of record at the close of business on June 19, 2018
will be entitled to receive notice of, and to vote the shares of common
stock of FNTE owned by them at, the Special Meeting, and at any
adjournment or postponement thereof.

At the Special Meeting, holders of FNTE's common stock will be asked to
approve and adopt the Merger Agreement, including the proposed Merger,
and the other proposals as disclosed in the definitive proxy
statement/prospectus relating to the Special Meeting. If the Merger is
approved by FNTE stockholders, FNTE anticipates consummating the Merger
shortly after the Special Meeting subject to the satisfaction or waiver
(as applicable) of all other closing conditions under the Merger

The Special Meeting will take place at 3:30 P.M., Eastern Time, on July
20, 2018 at 712 Fifth Avenue, 8th Floor, New York, New York

A list of FNTE stockholders entitled to vote at the Special Meeting will
be open to the examination of any FNTE stockholder, for any purpose
germane to the Special Meeting, during regular business hours for a
period of ten calendar days before the Special Meeting.

Upon closing of the Merger, FNTE will be renamed International Money
Express, Inc. FNTE has applied to continue the listing of its common
stock and warrants on The NASDAQ Stock Market following the Merger under
the new symbols "IMXI" and "IMXIW," respectively.

Intermex Business Updates

"Our differentiated approach to the market continues to deliver
exceptional results. During the first quarter transaction growth
continued to be very strong and increased at an increasing rate in the
second quarter," said Bob Lisy, President, Chairman, and Chief Executive
Officer of Intermex. "From April 1 through June 21, 2018, we completed
5.6 million remittances with $2.1 billion in volume, each of which
exceeded amounts budgeted for the quarter by approximately 4.9% and
11.0%, respectively. May remittance transactions hit a record high for
the company with over two million remittances sent in the month,
reflecting a 28% increase compared to May 2017, while gross margin grew
at 30% for the month year-over-year. We expect a strong finish to the
quarter with June revenue growth outpacing May."

Daniel Cohen, Chief Executive Officer of FNTE, commented "We are
delighted as Intermex continues to outperform expectations, with
adjusted EBITDA for the quarter exceeding projections by an expected
15-18%. We feel these impressive results are a direct reflection of
Intermex's unique value proposition and ability to drive continued
revenue growth and margin expansion through its differentiated go to
market strategy."

About FinTech Acquisition Corp. II

FinTech Acquisition Corp. II is a blank check company formed for the
purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination. In January 2017, FNTE consummated a $175 million initial
public offering (the "IPO") of 17.5 million units, each unit consisting
of one share of common stock and one half of one warrant, at a price of
$10.00 per unit. Simultaneously, FNTE consummated the sale of 420,000
units at a price of $10.00 per unit in a private placement that
generated gross proceeds of $4.2 million. FNTE's securities are quoted
on the NASDAQ Stock Market under the ticker symbols FNTE, FNTEW and

About Intermex

At Intermex, the customer is at the center of everything we do. Intermex
uses a proprietary financial technology that allows consumers to send
money from the United States to 17 countries in Latin America and the
Caribbean, including Mexico and Guatemala. Intermex offers wire
transfer, telewire, money order, and other money processing services to
its customers through its network of 85,000 sending and paying agents
located in all 50 states, the District of Columbia and Puerto Rico, and
throughout Latin America. Remittance services are also available
digitally through
Intermex was founded in 1994 and is headquartered in Miami, Florida with
subsidiary offices in Puebla, Mexico, and Guatemala City, Guatemala.

About Stella Point Capital

Stella Point Capital is a New York-based private equity firm focused on
industrial, consumer, and business services investments. Founded in 2014
by Managing Partners Justin Wender and Adam Godfrey, the firm actively
seeks investment opportunities throughout North America, working closely
with management teams to identify strong market positions and achieve
transformational growth. Stella Point's investment team has over 75
years of combined investing and operating experience, encompassing more
than 35 investments, at their prior leading global private equity firms.
Stella Point provides unparalleled senior level attention and expertise,
seeking to cultivate strong relationships with portfolio companies to
generate superior investment returns and significant long-term value.
Please visit
for additional information.

Forward-Looking Statements

This press release contains "forward-looking statements" within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be
identified by the use of words such as "anticipate", "believe", "could",
"continue", "expect", "estimate", "may", "plan", "outlook", "future" and
"project" and other similar expressions that predict or indicate future
events or trends or that are not statements of historical matters. These
statements, which involve risks and uncertainties, relate to analyses
and other information that are based on forecasts of future results and
estimates of amounts not yet determinable and may also relate to our
future prospects, developments and business strategies. In particular,
such forward-looking statements include statements concerning the timing
of the merger; the business plans, objectives, expectations and
intentions of the public company once the transaction is complete, and
Intermex's estimated and future results of operations, business
strategies, competitive position, industry environment and potential
growth opportunities. These statements are based on FNTE's or Intermex's
management's current expectations and beliefs, as well as a number of
assumptions concerning future events.

Such forward-looking statements are subject to known and unknown risks,
uncertainties, assumptions and other important factors, many of which
are outside FNTE's or Intermex's control that could cause actual results
to differ materially from the results discussed in the forward-looking
statements. These risks, uncertainties, assumptions and other important
factors include, but are not limited to, (1) the occurrence of any
event, change or other circumstances that could give rise to the
termination of the merger agreement; (2) the inability to complete the
transactions contemplated by the merger agreement due to the failure to
obtain approval of the stockholders of FNTE or other conditions to
closing in the merger agreement; (3) the ability of the public entity to
meet NASDAQ's listing standards following the merger; (4) the risk that
the proposed transaction disrupts current plans and operations of
Intermex as a result of the announcement and consummation of the merger
transactions; (5) the ability to recognize the anticipated benefits of
the proposed business combination, which may be affected by, among other
things, competition, the ability of the combined company to grow and
manage growth profitably, maintain relationships with suppliers and
retain its management and key employees; (6) costs related to the
proposed business combination; (7) changes in applicable laws or
regulations; and (8) the possibility that Intermex may be adversely
affected by other economic, business, regulatory and/or competitive
factors. Additional factors that could cause actual results to differ
materially from those expressed or implied in forward-looking statements
can be found in FNTE's most recent annual report on Form 10-K and
subsequently filed quarterly reports on Form 10-Q and current reports on
Form 8-K, which are available, free of charge, at the SEC's website at,
and in the registration statement on Form S-4 and FNTE's proxy
statement/prospectus. New risks and uncertainties arise from time to
time, and it is impossible for us to predict these events or how they
may affect us. You are cautioned not to place undue reliance upon any
forward-looking statements, which speak only as of the date made, and
FNTE and Intermex undertake no obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise.

Additional Information about the Merger and Where to Find It

In connection with the proposed merger, FNTE has filed with the SEC a
proxy statement/prospectus (which is included in a registration
statement on Form S-4 ). FNTE will mail a definitive proxy
statement/prospectus to its stockholders in connection with FNTE's
solicitation of proxies for the special meeting of FNTE stockholders to
be held to approve the merger and related transactions. This press
release does not contain all the information that should be considered
concerning the merger. It is not intended to provide the basis for any
investment decision or any other decision with respect to the proposed
merger. FNTE stockholders and other interested persons are advised to
read the proxy statement/prospectus as it contains important information
about Intermex, FNTE and the proposed merger. The definitive proxy
statement/prospectus will be mailed to stockholders of FNTE as of the
Record Date. Stockholders can also obtain copies of the proxy
statement/prospectus and other documents filed with the SEC incorporated
by reference in the proxy statement/prospectus, without charge, at the
SEC's Internet site at,
or by directing a request to: FinTech Acquisition Corp. II, 2929 Arch
Street, Suite 1703, Philadelphia, Pennsylvania, 19104, attention: James
J. McEntee, III, telephone 212.735.1498.

Participants in the Solicitation

FinTech Acquisition Corp. II and its directors and officers may be
deemed participants in the solicitation of proxies to FNTE's
stockholders with respect to the transaction. Information regarding
FNTE's directors and officers is available in FNTE's Annual Report on
Form 10-K for the fiscal year ended December 31, 2017, which has been
filed with the SEC. Additional information is also contained in FNTE's
definitive proxy statement/prospectus relating to the proposed merger.


This communication shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there by any
sale of securities in any jurisdiction in which the offer, solicitation
or sale would be unlawful prior to the registration or qualification
under the securities laws of any such jurisdiction. No offering of
securities shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act.

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