Payoneer Rebrands Ahead of Public Listing: A Universe of Chances
A common model for a universal foreseeable future of commerce
NEW YORK, Jun 22, 2021–(Company WIRE)–Payoneer, the commerce technologies business powering payments and development for the new global overall economy, announced nowadays a rebrand to replicate its recent placement in the current market and its vision to be the world’s go-to partner for electronic commerce in all places. The new manufacturer marks an additional chapter in the fintech pioneer’s evolution from younger disrupter to industry chief, with strategies to start out buying and selling on Nasdaq below the ticker PAYO later this month at an organization value of somewhere around $3.3 billion at closing.
A 2005 “pre-fintech fintech”, Payoneer was born on the cusp of the global change to digital, borderless commerce. Now, the company is very significantly at the coronary heart of it. Payoneer’s vast networked ecosystem presents tens of millions of companies – from rising-marketplace freelancers to the marketplaces and platforms redefining how the world operates – the technologies, connections and self-assurance to participate and prosper in the new global economic system.
“This is the era of Open up Commerce,” claimed Scott Galit, CEO of Payoneer, “a time when the full environment operates on a single electronic plane, and any individual, from everywhere, has the possibility to understand their likely. This is the reality we have always been making toward. As we enter the general public marketplaces and glance forward, our new manufacturer is intended to continue to keep driving the business enterprise forward although maintaining us genuine to our purpose: to think about, engineer and encourage a common long run for commerce, alongside one another with our tens of millions of prospects and partners all above the world.”
Payoneer’s new brand shade is “universal”, reflecting its assure to be for all people just about everywhere. The new image is a circle, illustrating its journey to becoming a solitary vacation spot, unified, and connected in far more areas than everyone else.
The brand name by itself was designed in partnership with world wide model corporation venturethree. Creative Director Jason Lowings stated of the task, “There are lots of players in the occupied payments and financial solutions room, but Payoneer is unique in the breadth, depth and integrity of their world wide ecosystems. It is a truly common small business, with an optimistic world wide point of view, uniting marketplaces, techniques, corporations and business owners, everywhere you go in the globe. To convey and rejoice this, the new symbol of Payoneer demonstrates the universe of opportunities out there via their several items, products and services and platforms.”
Master a lot more on the Payoneer blog site and obtain the new brand listed here.
Notice: In February 2021, Payoneer entered into an Arrangement and Prepare of Reorganization with FTAC Olympus Acquisition Corp (NASDAQ: FTOC) in a transaction that would final result in Payoneer getting to be a U.S. publicly detailed entity. The transaction is predicted to shut at the conclude of June 2021, topic to gratification of customary closing problems, and Payoneer is anticipated to begin investing on Nasdaq under the ticker PAYO soon thereafter.
About Payoneer
Payoneer is the world’s go-to partner for digital commerce, in all places. From borderless payments to boundless development, Payoneer claims any company, in any market, the engineering, connections and self-assurance to participate and prosper in the new worldwide financial system.
Considering the fact that 2005, Payoneer has been imagining and engineering a actually world-wide ecosystem so the full planet can recognize its prospective. Powering progress for consumers ranging from aspiring business people in rising marketplaces to the world’s foremost digital manufacturers like Airbnb, Amazon, Google, Upwork and Walmart, Payoneer offers a universe of prospects, open up to you.
About venturethree
venturethree is an impartial international brand name organization. It invents and reinvents brands to develop improve people today worth.
Identified for its knowledge in model strategy, design and style and expertise across the world of media, amusement, technological know-how, finance and a lot more, venturethree is on a mission to shape the potential of model for brands of the foreseeable future.
With a hub in London and a presence in vital markets like the US, India and Singapore, the team delivers classification-defining function for customers such as Sky, NOW, TransferWise, Just Eat and Sports activities Direct.
Important Info and Where to Come across It
In connection with the proposed Reorganization between Payoneer and FTOC, New Starship Guardian Inc. filed with the Securities and Exchange Fee (“SEC”) a definitive proxy assertion / prospectus contained in a registration statement on Sort S-4, as amended, and FTOC mailed the definitive proxy statement / prospectus and other pertinent documentation to FTOC stockholders. This document does not include all the facts that need to be deemed regarding the proposed Reorganization. It is not intended to kind the foundation of any investment decision conclusion or any other final decision in regard of the proposed Reorganization. FTOC stockholders and other fascinated individuals are suggested to read through the definitive proxy statement / prospectus in relationship with the solicitation of proxies for the extraordinary general meeting to be held to approve the transactions contemplated by the proposed Reorganization due to the fact these elements will contain important facts about Payoneer, FTOC and the proposed transactions. The definitive proxy assertion / prospectus was mailed to FTOC stockholders of report as of May perhaps 19, 2021. Stockholders are also in a position to acquire a duplicate of the definitive proxy statement / prospectus, without having cost, at the SEC’s web site at http://sec.gov or by directing a request to: FTAC Olympus Acquisition Corp., 2929 Arch Avenue, Suite 1703, Philadelphia, Pennsylvania 19104.
The definitive proxy statement / prospectus can be located in the filings on Type S-4 by New Starship Mother or father Inc., as effectively as in the DEFM14A submitting of FTOC at www.sec.gov. Payoneer and FTOC entered into a definitive agreement and program of reorganization (the “Reorganization”) in February 2021. Completion of the Reorganization is matter to approval by the shareholders of FTAC Olympus Acquisition Corp. and particular other problems. The proposed business blend is envisioned to close shortly after the unique meeting of the FTOC shareholders which is scheduled for June 23, 2021.
Participants in the Solicitation
Payoneer and FTOC, and their respective directors and government officers, could be regarded as individuals in the solicitation of proxies with regard to the opportunity transaction explained in this push release underneath the principles of the SEC. Facts about the administrators and govt officers of FTOC and other persons who may perhaps, under the principles of the SEC, be considered individuals in the solicitation of the stockholders in connection with the probable transaction and a description of their passions is established forth in the definitive proxy assertion/prospectus submitted with the SEC. These files can be acquired no cost of demand from the resources indicated over.
Non-Solicitation
This press launch is not a proxy assertion or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the probable transaction and shall not constitute an supply to promote or a solicitation of an present to purchase the securities of FTOC or Payoneer, nor shall there be any sale of any these types of securities in any point out or jurisdiction in which these types of offer you, solicitation, or sale would be unlawful prior to registration or qualification below the securities regulations of these types of condition or jurisdiction. No give of securities shall be built besides by implies of a prospectus meeting the necessities of the Securities Act of 1933, as amended.
Watch resource variation on businesswire.com: https://www.businesswire.com/news/house/20210622005166/en/
Contacts
Media Get hold of:
Tom Symons
[email protected]
Rima Masubuchi
[email protected]