Payoneer filed its full year audited 2020 financial results

Wednesday 31 March 2021 12:43 CET | News

Payoneer, a global payment and commerce-enabling platform, has filed its full year audited 2020 financial results with the SEC in Amendment No. 1 to the Registration Statement.

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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Keywords: financial services, Global Payments, Payoneer, payment processing, ecommerce
Categories: Payments & Commerce | Payments General
Countries: United States
This article is part of category

Payments & Commerce