Concord Acquisition Corp is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The sponsor is an affiliate of Atlas Merchant Capital LLC, an alternative asset manager with over $1 billion in assets under management as of June 30, 2020 and approximately $2.8 billion of capital raised through its fund vehicles and related co-investments in its fund’s portfolio companies since inception. While the Company may pursue a merger opportunity in any industry or sector, it intends to capitalize on the ability of its management team and Sponsor to identity, acquire and manage a business in the financial services and financial technology sectors, including payments, enterprise software, and data analytics, that can benefit from the Company’s differentiated deal flow and global network.