Payoneer: Completes Spac merger

Payoneer: Completes Spac merger

  • Payoneer is the world’s go-to partner for digital commerce, everywhere.  From borderless payments to boundless growth
  • Commerce technology company powering payments and growth for the new global economy, and FTAC Olympus Acquisition Corp.
  • The business combination was approved by FTOC’s shareholders at an extraordinary general meeting held on June 23, 2021
  • The transaction includes a $300 million PIPE investment from investors including existing investor Wellington Management
  • We just scratching the surface of the enormous opportunity ahead to help businesses grow and scale in the new global economy
  • A strong balance sheet with ample capital to expand its already broad suite of services, both organically
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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