Company Information

Get to know South Mountain Merger Corp

South Mountain Merger Corp was a "blank check" company incorporated 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 company was formed by the team at South Mountain Company LLC and completed its initial public offering in June 2019. In February 2021, South Mountain Merger Corp successfully completed its primary mission by merging with BTRS Holdings Inc. ("Billtrust"), a leader in B2B accounts receivable automation. Following the merger, the company was renamed BTRS Holdings Inc. and its stock began trading on the Nasdaq under the ticker "BTRS".

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South Mountain Merger Corp

United States

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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(180 reviews)

Cyprus

2017

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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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.