Payoneer and FTAC Olympus Acquisition Corp. Complete Business Combination
June 28, 2021
Payoneer completed its business combination with FTAC Olympus Acquisition Corp., resulting in the formation of the public company Payoneer Global Inc. The combined entity began trading on Nasdaq under the ticker symbols PAYO (common stock) and PAYOW (warrants). The transaction included a $300 million PIPE investment from multiple institutional investors.
- Buyers
- FTAC Olympus Acquisition Corp., Payoneer Global Inc.
- Targets
- Payoneer Inc.
- Industry
- Payments & Fintech
- Location
- United States
- Transaction Type
- Buyout
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