Investments

Payoneer

Payoneer's digital platform has streamlined global commerce for millions of small businesses, marketplaces, and enterprises from 190+ countries and territories. Leveraging its robust technology, compliance, operations, and banking infrastructure, Payoneer has delivered a suite of services that includes cross-border payments, working capital, tax solutions, risk management, and payment orchestration for merchants. Powering growth for customers ranging from aspiring entrepreneurs in emerging markets to the world's leading digital brands like Airbnb, Amazon, Google, Upwork, and Walmart, Payoneer has made global commerce easy and secure. Founded in 2005, Payoneer has been profitable and has been powered by a global team.

Over the past 15 years, Payoneer has built a broad ecosystem that connects marketplaces, sellers, freelancers, gig workers, manufacturers, banks, suppliers, buyers, and more into an integrated global platform. Payoneer's secure, regulated platform has offered a global, multi-currency account to businesses of any size around the world, enabling them to pay and get paid globally as easily as they do locally.

FTAC Olympus Acquisition Corp. (NASDAQ: FTOC), a $750mm SPAC, completed the proposed business combination with Payoneer in June 2021 at an implied equity value of $3.3bn. The partnership will help Payoneer accelerate its growth strategy and continue to democratize access to global commerce.