| InfoGuy |
01-20-2021 03:36 PM |
Israeli fintech company Payoneer could go public
FTAC Olympus Spikes 30% Amid Payoneer Merger Report
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Israeli fintech company Payoneer could be the latest to go public via a SPAC.
What Happened: Payoneer is in talks to merge with FTAC Olympus Acquisition Corp (NASDAQ: FTOC), according to Bloomberg. The deal could value Payoneer at $2.5 billion.
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What an insane valuation.
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Payoneer counts Walmart (NYSE: WMT) and Amazon.com (NASDAQ: AMZN) among the companies that use its services. The company entered the enterprise credit card clearing business in December.
Over 4 million people are Payoneer customers.
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How many of those 4 million are in the adult industry?
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