Payoneer to become a publicly traded company

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We are thrilled to share an incredible milestone for Payoneer – we are on the path to becoming a publicly traded company. This milestone will be accomplished following the merger with an already publicly traded special purpose acquisition company (SPAC), FTAC Olympus Acquisition Corp. (Nasdaq: FTOC) at a combined valuation of $3.3 billion.

Over the past 15 years, we have built an ecosystem that connects marketplaces, sellers, gig workers, merchants, manufacturers, banks, suppliers, buyers and more onto a single global platform. We have built a secure, regulated platform that offers a global, multi-currency account to businesses of any size from almost country, providing an expansive global payment infrastructure to pay and get paid globally as easily as locally. We see ourselves as commerce-enablers, and we have done it all with a single goal in mind – to empower entrepreneurs all over the world to access new opportunities and succeed.

Today marks the start of a new chapter for Payoneer. We are one step further on our journey to being the best partner for global growth that we can be. Most importantly, we want to take this opportunity to say thank you. Thank you for supporting us, for inspiring us, and for giving us the drive to continue to grow and innovate each day.

You can read more details in the press release and Payoneer blog post