(FTOC), Mastercard Incorporated (NYSE:MA) - Fintech Payoneer Tackling $26 Trillion Market: What Investors Should Know About SPAC Deal
Share: The SPAC Deal: The SPAC merger for Payoneer with FTAC Olympus Acquisition Corp (NASDAQ: FTOC) includes a $300 million PIPE with financial backing from Dragoneer, Fidelity, Franklin Templeton and T. Rowe Price. Current FTAC Olympus Acquisition shareholders will own 19.2% of the company after the merger is complete. Bloomberg first reported a deal was in the works back in January. About Payoneer: Payoneer powers payments for freelancers, sellers, gig workers, manufacturers, banks, suppliers and buyers. Payoneer operates in over 190 countries worldwide and works with nine of the top 20 m...
Source: benzinga.com