Friday, April 26

Tag: Payoneer

Payment Firm Payoneer will Go For IPO After $3.3 Billion Merger
4Feb By AdityaNo Comments
ACQUISITION

Payment Firm Payoneer will Go For IPO After $3.3 Billion Merger

NEW YORK, February 4, 2021– Global payment firm Payoneer merge with FTAC Olympus Acquisition Corp. (NASDAQ: FTOCU), a special purpose acquisition company at an estimated enterprise value of approximately $3.3 billion. After this deal, Payoneer will be renamed as a Payoneer Global Inc. and will operate as Payoneer, the U.S. publicly listed entity. The company will carry up to $563 million in cash. Payoneer’s management team will continue to lead the Company.  The global online payment transfer firm raises investments from TCV, Susquehanna Growth Equity (SGE), Viola Ventures, Wellington Management, Nyca Partners, Temasek and more. Payoneer processed more than $44 billion in volume in over 7,000 trade corridors in 2020.
Read More
Payoneer to Acquire Payment Streamline Platform optile
13Dec By NitishNo Comments
ACQUISITION

Payoneer to Acquire Payment Streamline Platform optile

New York, United States & Bangalore, Karnataka, India: Payoneer, the leading digital payment platform acquire Munich-based streamlines payment acceptance platform optile. Founded in 2010, optile’s open payment ecosystem puts merchants in control of their business with the flexibility to add payment options and partners as their needs evolve, boosting conversion and improving customer experience. optile’s payment orchestration platform (POP) is designed for businesses to scale faster to new markets, consolidating all the players of the global payment market together in one unified layer, ensuring transparency, flexibility, redundancy, and independence.Scott Galit, CEO of Payoneer said, “Payoneer and optile share a belief that in today’s fast-changing digital world filled with e...
Read More