-	Payoneer to begin trading today under ticker symbol PAYO

    Payoneer Inc. ("Payoneer"), the commerce technology company powering 
payments and growth for the new global economy, and FTAC Olympus Acquisition 
Corp. (NASDAQ: FTOC) ("FTOC"), a special purpose acquisition company, announced 
on Friday that they have completed their business combination. The business 
combination was approved by FTOC's shareholders at an extraordinary general 
meeting held on June 23, 2021. 

    As a result of the completion of this business combination, a new public 
entity under the name Payoneer Global Inc. ("the Company"), and its common 
stock and warrants, will begin trading today on the Nasdaq stock market under 
the ticker symbol "PAYO" and "PAYOW", respectively. 

    Payoneer's global management team, led by Scott Galit, Chief Executive 
Officer, Michael Levine, Chief Financial Officer, and Keren Levy, Chief 
Operating Officer, will continue to lead the Company. 

    The transaction includes a $300 million PIPE investment from investors 
including existing investor Wellington Management, as well as Dragoneer 
Investment Group, Fidelity Management & Research Company LLC, Franklin 
Templeton, certain funds managed by Millennium Management, funds and accounts 
advised by T. Rowe Price Associates, Inc., and Winslow Capital Management, LLC. 

    "We are thrilled to be a public company and join forces with Betsy and the 
entire FTOC team," said Scott Galit, Chief Executive Officer of Payoneer. 
"Through our 15 years, we have built a global platform that is trusted by 
millions of customers worldwide, from aspiring entrepreneurs to the world's 
leading digital brands and are now the go-to partner for digital commerce, 
everywhere. We are just scratching the surface of the enormous opportunity 
ahead to help businesses grow and scale in the new global economy. This move 
into the public markets is an important step on our journey to provide any 
business, in any market, the technology, connections and confidence to realize 
their potential." 

    Betsy Cohen, Chairman of the Board of Directors of FTAC Olympus Acquisition 
Corp., stated, "The Payoneer team has positioned the company incredibly well to 
capitalize on the expansion of global commerce, and we are proud to be their 
partner during this next phase of growth. Payoneer has a strong balance sheet 
with ample capital to expand its already broad suite of services, both 
organically, by deepening existing merchant relationships and continuing to 
build new ones, and through strategic acquisitions." 

    Financial Technology Partners served as exclusive financial and capital 
markets advisor to Payoneer. Davis Polk & Wardwell LLP served as legal counsel 
to Payoneer and Paul Hastings served as regulatory counsel to Payoneer. PwC 
served as Payoneer's auditors. EY served as Payoneer's tax and public markets 
advisor. 

    Citi and Goldman Sachs & Co. LLC served as financial and capital markets 
advisors to FTOC. Cantor Fitzgerald also served as capital markets advisor to 
FTOC, and Morgan, Lewis & Bockius LLP served as legal counsel to FTOC.

    About Payoneer
    Payoneer (NASDAQ: PAYO) is the world's go-to partner for digital commerce, 
everywhere. From borderless payments to boundless growth, Payoneer promises any 
business, in any market, the technology, connections and confidence to 
participate and flourish in the new global economy.

    Since 2005, Payoneer has been imagining and engineering a truly global 
ecosystem so the entire world can realize its potential. Powering growth for 
customers ranging from aspiring entrepreneurs in emerging markets to the 
world's leading digital brands like Airbnb, Amazon, Google, Upwork, and 
Walmart, Payoneer offers a universe of opportunities, open to you.

    About FTAC Olympus Acquisition Corp.
    FTAC Olympus Acquisition Corp. is a blank-check company led by Betsy Z. 
Cohen as Chairman of the Board and Ryan M. Gilbert as President and Chief 
Executive Officer formed for the purpose of acquiring or merging with one or 
more technology and financial services technology companies.

    Forward-Looking Statements 
    This press release includes, and oral statements made from time to time by 
representatives of FTOC and Payoneer may be considered, "forward-looking 
statements" within the meaning of the "safe harbor" provisions of the United 
States Private Securities Litigation Reform Act of 1995. Forward-looking 
statements generally relate to future events or FTOC's, Payoneer's or New 
Starship Parent Inc.'s future financial or operating performance. For example, 
projections of future Volume, Revenue, and Operating Income are forward-looking 
statements. In some cases, you can identify forward-looking statements by 
terminology such as "may," "should," "expect," "intend," "will," "estimate," 
"anticipate," "believe," "predict," "potential" or "continue," or the negatives 
of these terms or variations of them or similar terminology. Such 
forward-looking statements are subject to risks, uncertainties, and other 
factors which could cause actual results to differ materially from those 
expressed or implied by such forward looking statements. These forward-looking 
statements are based upon estimates and assumptions that, while considered 
reasonable by FTOC and its management, and Payoneer and its management, as the 
case may be, are inherently uncertain. Factors that may cause actual results to 
differ materially from current expectations include, but are not limited to: 
(1) the outcome of any legal proceedings that may be instituted against FTOC, 
Payoneer, New Starship Parent Inc. or others following the announcement of the 
Reorganization and any definitive agreements with respect thereto; (2) the 
ability to meet applicable listing standards following the consummation of the 
Reorganization; (3) the risk that the Reorganization disrupts current plans and 
operations of Payoneer as a result of the announcement and consummation of the 
Reorganization; (4) the ability to recognize the anticipated benefits of the 
Reorganization, which may be affected by, among other things, competition, the 
ability of the combined company to grow and manage growth profitably, maintain 
relationships with customers and suppliers and retain its management and key 
employees; (5) costs related to the Reorganization; (6) changes in applicable 
laws or regulations; (7) the possibility that Payoneer or the combined Company 
may be adversely affected by other economic, business and/or competitive 
factors; (8) Payoneer's estimates of its financial performance; and (9) other 
risks and uncertainties set forth in the section entitled "Risk Factors" and 
"Cautionary Note Regarding Forward-Looking Statements" in FTOC's Prospectus 
dated August 25, 2020 filed with the SEC on August 26, 2020, the section 
entitled "Risk Factors" in FTOC's Annual Report on Form 10-K for the fiscal 
year ended December 31, 2020, as amended, as well as any further risks and 
uncertainties contained in the definitive proxy statement / prospectus filed by 
FTOC and New Starship Parent Inc. on June 1, 2021. Nothing in this press 
release should be regarded as a representation by any person that the 
forward-looking statements set forth herein will be achieved or that any of the 
contemplated results of such forward-looking statements will be achieved. You 
should not place undue reliance on forward-looking statements, which speak only 
as of the date they are made. None of FTOC, Payoneer or New Starship Parent 
Inc. undertakes any duty to update these forward-looking statements.

    Investor Contact: 
    PayoneerIR@icrinc.com 
    
    Media Contact: 
    PayoneerPR@icrinc.com 


    Source: Payoneer