In addition, the Company reaffirmed its financial outlook for the full year 2021. Payoneer and FTAC Olympus Acquisition (FTOC) previously announced that they recently entered into a definitive agreement and plan of reorganisation.
In 2020, their volume increased 53% to USD 44.4 billion compared to USD 29.0 billion in 2019. Their revenue grew 9% to USD 345.6 million from USD 317.8 million in 2019.
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