Payoneer upgrades its brand and prepares for its public listing

(Shanghai, China, June 23, 2021) – Payoneer, a business technology leader committed to driving the global digital economy with payment technology and sustainable growth, today launched a new upgraded brand, fully committed to building a global cross-border trade expansion preferred partner corporate vision, further highlighting its industry status. The launch of the new brand logo marks the beginning of a new chapter in the development of Payoneer as a pioneer in financial technology, and has successfully achieved a gorgeous transformation from a start-up disruptor to an industry leader. The key node to witness the above transformation is that it will officially start trading on the Nasdaq in the United States later this month with PAYO as the stock code, and the company's market value is expected to reach approximately US$3.3 billion.

As a "financial technology pioneer" that started in 2005, Payoneer came into being with the global wave of digital commerce, and now has established itself at the center of the new digital economy. Payoneer's huge network ecosystem serves millions of businesses every day, providing leading payment technology, global resource connections, and confidence guarantees for going global. It serves global customers ranging from freelancers in emerging markets to digital giants that redefine the way global business operates, allowing every business or individual to realize their potential, grow and evolve in the global cross-border trade ecosystem.

Scott Galit, CEO of Payoneer, said: "This is an era of business marked by openness. The digital wave has brought equal opportunities to the global economy. No matter where you are, everyone has the opportunity to show their potential. This is also the vision and unchanging creed that Payoneer has been striving to achieve. The company is about to go public. In the future, our new brand will not only promote business development, but also remind us to be true to our original intention: to imagine, design and inspire the future possibilities of the global cross-border trade ecosystem together with millions of customers and partners around the world."

Payoneer's new brand color is colorful, with " Connecting the World" as the keynote, fully highlighting its commitment to connecting you and me, and win-win global cooperation, and its new slogan "Every opportunity in the world, you have an opportunity." The new logo adopts a circular design, which is intended to show Payoneer's business vision of integrating the global cross-border trade ecosystem and connecting the world's resources with better breadth and depth.

The rebrand was completed in collaboration with international branding agency venturethree. Speaking about the project, Jason Lowings, creative director at venturethree , said: “There are many companies in the maturing payments and financial services sector, and the breadth, depth and completeness of the Payoneer global ecosystem is unique. Payoneer brings a truly global business with a highly anticipated global perspective that can unite digital platforms, systems, businesses and entrepreneurs around the world . To better communicate and highlight this, Payoneer’s new logo highlights the opportunity to connect the world through its many products, services and platforms .”

James Huang, General Manager of Payoneer Greater China , said that over the past 15 years, Payoneer has continued to grow and develop, providing cross-border payments to global customers and continuously enriching its diverse financial value-added services. Since entering the Chinese market, we have been committed to pioneering the forefront, inspiring innovation, and helping Chinese sellers and cross-border trading companies to go global by sharing financial technology and connecting global resources. In the future, Payoneer will continue to escort companies and individuals to go global, driven by borderless payments, making borderless business possible, and sharing unlimited business opportunities in the global market with Chinese brands.

Note: In February 2021, Payoneer reached an agreement and restructuring plan with FTAC Olympus Acquisition Corp (NASDAQ: FTOC), which will make Payoneer a US listed entity. The transaction is scheduled to be completed by the end of June 2021, subject to customary closing conditions, and Payoneer is expected to begin trading on the Nasdaq shortly thereafter under the ticker PAYO.

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