Overview of Transaction

• On December 10, 2019, Payoneer announced it has agreed to acquire optile
• optile is a Munich-based tech company that streamlines payment acceptance processes for merchants worldwide
• Founded in 2010, optile’s open payment platform puts merchants in control of their business with the flexibility to add payment options and partners as their needs evolve, boosting conversion and improving customer experience
• Payoneer’s digital platform streamlines global commerce for millions of small businesses, marketplaces and enterprises from 200 countries and territories
• Leveraging its robust technology, compliance, operations and banking infrastructure, Payoneer delivers a suite of services that includes cross-border payments, working capital, tax solutions and risk management

Significance of Transaction

• With optile’s gateway capabilities, Payoneer will be able to offer an end-to-end solution and specifically will enhance the functionality of its offering to marketplace clients
• optile’s gateway solution provides strong pay-in capabilities, complementing Payoneer’s pay-out solution
• From the acquisition, optile gains the ability to leverage Payoneer’s global infrastructure and team to continue building its open payment orchestration platform

FT Partners' Role

• FT Partners served as exclusive financial advisor to Payoneer
• This transaction underscores FT Partners' deep Payments domain expertise and its continued success in providing buy side advisory to top-tier FinTech companies