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Payoneer to begin trading today under ticker symbol PAYO Payoneer Inc. ("Payoneer"), the commerce technology company powering payments and growth for the new global economy, and FTAC Olympus Acquisition Corp. (NASDAQ:FTOC) ("FTOC"), a special purpose acquisition company, announced on Friday that they have completed their business combination. The business combination was approved by FTOC's shareholders at an extraordinary general meeting held on June 23, 2021. As a result of the completion of this business combination, a new public entity under the name Payoneer Global Inc. ("the Company"), and its common stock and warrants, will begin trading today on the Nasdaq stock market under the ti
FTAC Olympus Acquisition Corp. (NASDAQ:FTOC) ("FTOC"), a special purpose acquisition company, today announced that FTOC shareholders voted to approve the proposed business combination with Payoneer Inc. ("Payoneer"), the commerce technology company powering payments and growth for the new global economy, at its Extraordinary General Meeting held today, June 23, 2021. More than 97.8% of the votes cast at the meeting voted to approve the business combination. Holders of approximately 65.0% of FTOC's issued and outstanding shares cast votes at the Extraordinary General Meeting. As previously announced, the combined company will be named Payoneer Global Inc., and its common stock and warrants
A universal brand for a universal future of commerce Payoneer, the commerce technology company powering payments and growth for the new global economy, announced today a rebrand to reflect its current position in the market and its vision to be the world's go-to partner for digital commerce everywhere. The new brand marks another chapter in the fintech pioneer's evolution from young disrupter to industry leader, with plans to begin trading on Nasdaq under the ticker PAYO later this month at an enterprise value of approximately $3.3 billion at closing. A 2005 "pre-fintech fintech", Payoneer was born on the cusp of the global shift to digital, borderless commerce. Now, the business is very
Northland Capital initiated coverage of FTAC Olympus Acquisition Corp. with a rating of Outperform and set a new price target of $14.00
SC 13G - FTAC Olympus Acquisition Corp. (0001816090) (Subject)
SC 13G - FTAC Olympus Acquisition Corp. (0001816090) (Subject)
SC 13G - FTAC Olympus Acquisition Corp. (0001816090) (Subject)
8-K - FTAC Olympus Acquisition Corp. (0001816090) (Filer)
25-NSE - FTAC Olympus Acquisition Corp. (0001816090) (Subject)
25-NSE - FTAC Olympus Acquisition Corp. (0001816090) (Subject)
4 - FTAC Olympus Acquisition Corp. (0001816090) (Issuer)
4 - FTAC Olympus Acquisition Corp. (0001816090) (Issuer)
4 - FTAC Olympus Acquisition Corp. (0001816090) (Issuer)
Strong Momentum and Accelerating Revenue Growth Payoneer Inc. ("Payoneer"), the global payment and commerce-enabling platform which powers growth for millions of digital businesses worldwide, today reported financial results for its first quarter ended March 31, 2021. Payoneer and FTAC Olympus Acquisition Corp. (NASDAQ:FTOC) ("FTOC"), a special purpose acquisition company, previously announced that they entered into a definitive agreement and plan of reorganization (the "Reorganization"). Financial Highlights First Quarter 2021 versus First Quarter 2020 Volume increased 61% to $13.3 billion compared to $8.3 billion in 2020. Adjusted volume1 increased 67%. Revenue increased 23% to $10