Payoneer is an online payment provider that allows you to send and receive payments to and from businesses and marketplaces in various countries around the world. Payoneer is intended only for business payments, receipts and currency conversion.
Payoneer started back in 2005 with the idea that technology was transforming commerce, making it possible for anyone anywhere to build and grow a digital business.
“We set out to make global payments accessible and have been privileged to work with entrepreneurs and businesses like you looking to grow and succeed in the digital economy. Over the past 15 years, we have always worked hard to be the best global partner for you, our customers, listening carefully and expanding our offering to address your needs.”
The company said on its blog.
The online payment provider announced yesterday on 3rd February that the company is on the path to becoming a publicly traded company through Combination With FTAC Olympus Acquisition Corporation. This milestone marks a new chapter in the firm’s journey, enabling them to deliver further on their mission to democratize access to financial services and drive growth for digital businesses of all sizes from around the world.
Betsy Z. Cohen, Chairman of the Board of Directors of FTAC Olympus Acquisition Corp. said,
“Payoneer is at the forefront of the rapid, global shift to digital commerce across all sectors. Its innovative and unique high-tech, high-touch platform positions Payoneer at the epicenter of some of the most powerful and enduring trends driving global commerce today. Its proven ability to facilitate the overall growth of e-commerce through capabilities such as B2B payment digitization, global risk and compliance infrastructure, and the enablement for SMBs to rapidly grow and scale sets Payoneer apart. I couldn’t be more excited about this transaction which will allow this talented team to accelerate their growth strategy and continue to democratize access to global commerce.”
The platform gained it’s place at the top as a result that many ICT freelancers across the globe get paied by Payoneer which include; 99designs, peopleperhour, topcoder, envato, crossover, Freelancer, Fiverr, gettyimages, upwork,Pond5 and many more.