#1Payoneer Connecting Today's Borderless World Investor Presentation | May 2022#2Disclaimers This presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security. You should not construe the contents of this presentation as legal, tax, accounting or investment advice or a recommendation. Please see our SEC filings under "Payoneer Global Inc." for the most up to date information. Forward-Looking Statements Certain statements in this presentation 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 the Company's future financial or operating performance. 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 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 ability to recognize the anticipated benefits of the business combination with FTAC Olympus Acquisition Corp., completed on June 25, 2021 (the "Reorganization"), which may be affected by, among other things, competition, the ability of Payoneer to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (2) the outcome of any legal proceedings; (3) changes in applicable laws or regulations; (4) the possibility that Payoneer may be adversely affected by geopolitical and other economic, business and/or competitive factors; (5) Payoneer's estimates of its financial performance; and (6) other risks and uncertainties set forth in Payoneer's Annual Report on Form 10-K for the period ended December 31, 2021. Nothing in this presentation 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. The Company does not undertake any duty to update these forward-looking statements. Operational Metrics In this presentation, we reference volume, which is an operational metric. Volume refers to the total dollar value of transactions successfully completed or enabled by our platform, not including orchestration transactions. For a customer that both receives and later sends payments, we count the volume only once, with certain limited exceptions where both received and sent payment are counted. Industry and Market Data In this presentation, Payoneer relies on and refers to certain information and statistics obtained from third- party sources which it believes to be reliable, including reports by market research firms. Payoneer has not independently verified the accuracy or completeness of any such third-party information. This presentation may contain trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. ●Payoneer 2#3Who we are Global payment and commerce- enabling platform powering growth for millions of digital businesses Our mission Democratize access to financial services and drive growth for digital businesses of all sizes from around the world Payoneer#4Payoneer at a glance ●Payoneer Payoneer Team Locations 9999 5M+ Marketplaces, enterprises and SMBs (1) (2) 190+ Countries and territories (2) $56.7B 2021 volume $473.4M 2021 revenue "Payoneer has been our passport for global growth." Tophatter 1. Customer count includes all customers since launch and excludes the end customers of Payoneer's Enterprise GBT clients. 2. As of December 31, 2021. 4#5The power of our platform ① We combine modern technology and global service to drive growth for our customers We have a trusted, recognized brand across both the developed and emerging world We have a robust and scalable compliance, risk & regulatory infrastructure We connect and monetize two- sided networks We provide global connectivity with localized capabilities Payoneer 5 LO#6We connect & monetize two-sided networks Marketplaces Access New Markets SMBs Attract New Customers Ensure Global Compliance Omni-Channel Commerce Streamline B2B Payments Payoneer Data Risk Management ●Payoneer Security Flexible Technology Drive Global Growth Partners Find New Partners Banks Payoneer delivers ~2x more volume retention (1) 1. Compared to white label bank payments for same marketplaces. Access Growth Capital Act Local Globally In-Network Instant Payments 6#7We make global business local "What I love about Payoneer is the freedom I have to use it all over the world." Eliana Barrionuevo, SMB (Argentina) REACH 190+ Countries and territories (1) SCALE 7,000+ Trade corridors (1) HARD TO REPLICATE 17+ Years to build 1. As of December 31, 2021. ●Payoneer 7#8Our foundation: robust technology, risk and compliance infrastructure ●Payoneer Global Banking Infrastructure Smart Routing platform. • Redundancy in over 100 countries (1) • 100+ countries local clearing (1) Data & Machine Learning ⚫Lifetime value and churn prediction. •Fraud management and Working Capital underwriting models. CRM indicators and success measurement Risk & Compliance • Global SMB onboarding & underwriting • 300k+ applications monthly (2) •Unique risk management capabilities ● Payoneer • Global Operations Localized global account management Dozens of languages supported Scaled regional operations Regulatory Infrastructure •Regulated across key markets including US, Europe, Hong Kong, Japan, Australia(1) • Licensed MasterCard issuer • Comprehensive AML program Secure, Scaled Technology • Robust cybersecurity ⚫ API access across platform ⚫Accounting/ERP/Partner integrations 1.As of December 31, 2021. 2. Based on an average of monthly applications from January 2021 to December 2021. 8#9Comprehensive product suite ●Payoneer Iloll Global Payments Multi-Currency Account Physical & Virtual Cards B2B AP / AR Working Capital Merchant Services Compliance & Risk Services Tax Solutions Green Channel 9#10Simple Global Payments for Marketplace Ecosystems Payoneer works with 10 of the top 25 most valuable companies in the world (1) Streamlined Global Mass Payments Global Collections for Marketplace SMBs ● Payoneer ○ Payoneer account API Integration for Onboarding and Payment Flows "Payoneer provides the best-in-class support to Shopee's one stop cross-border seller solution." Shopee 1. As of December 31, 2021, based on market capitalization from PitchBook Data, Inc.. Payoneer ☐☐ Mobile wallet Iloll Local bank transfer Physical & virtual cards Bank wire Paper check 10#11B2B AP/AR Momentum Demonstrates Ability to Extend the Platform B2B AP/AR Exporters and Importers ($ in mm) Localizing Global Payments for $2,000 $1,800 $1,600 $1,400 $1,200 Invoice $1,000 $800 Seller Buyer $600 $400 $200 Payment into Multi-Currency Account 1. Year over year volume growth is based on 2020 and 2021 calendar years. Payoneer Q1'17 Q2'17 B2B AP/AR Volume 80%+ YoY Volume Growth in 2021(1) Q3'17 Q4'17 Q1'18 Q2'18 "Payoneer has solved all my business issues regarding payment, which makes it really easy to operate globally." Jorge Ribera, SMB (Spain) Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 11#12Payoneer - Beyond Payments US Marketplace SMB in Hong Kong Customer Profile $1bn+ annual volume (1), 60%+ CAGR (2) MARKETPLACES Payoneer Value Mass Payouts Tax Solutions Compliance NEW IN 2020 Mexico Marketplace NEW OPPORTUNITIES Working Capital Green Channel Trust Services Merchant Services Customer Profile $100mm+ annual volume (1), 50%+ CAGR (3) MARKETPLACES amazon wish Lazada S Shopee ebay Payoneer Value Global Payments B2B AP/AR Global Multi-Currency Account Tax Solutions NEW IN 2020 Working Capital Green Channel NEW OPPORTUNITIES Merchant Services Digital Purchasing Card AP Payments to Suppliers 1. For each of the years ended December 31, 2019 and 2020. 2. Two-year Volume CAGR between 2018 and 2020. Payoneer 3. Four-year Volume CAGR between 2016 and 2020. 12#13Why we win Payoneer advantages Global brand with presence across 190+ countries and territories(1) Broad ecosystem of SMBs, marketplaces and partners with powerful network effects Leading infrastructure and product platform built over 17+ years Deep risk management and compliance expertise Landscape Do Extensible and scalable business model 1. As of December 31, 2021. Payoneer ווחIl Global digital payment providers Local niche players Large banks 13#14We go to market globally with a trusted, empowering global brand The Payoneer brand Payoneer Global & local teams Connecting marketplaces and SMBs Pa/o Network effects Payoneer Payonee Go Globall Brand is trusted and represents empowerment and connectivity Local teams, global marketing platform, enable close engagement with customers Connecting marketplaces, partners and SMBs at events all over the world to engage, learn and grow Drive unique value for customers and create greater stickiness with existing customers Payoneer 14#15... And resulting in strong volume cohort performance and highly attractive unit economics 2021 volume (1) ~540x Volume (1) Growth from 2009-2021 2021 Cohort 2020 Cohort 2019 Cohort 2018 Cohort >100% Net volume retention (2) <12 months Payback period (3) 2017 Cohort 2016 Cohort 2015 Cohort 2014 Cohort Pre 2014 Cohort 1. SMB cohort Volume. 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Payoneer 2. As of 2021 - Net Retention = Current period Volume from existing customers/ prior period Volume from existing customers. 3. For 2020 cohort. 15#16A multi-pronged strategy to deliver sustained growth ППП Leverage market momentum & scale Extend Leadership with Marketplace Ecosystems Expand ecosystem Accelerate Strategic and Channel Partnerships Product extension Ramp merchant services, working capital & card growth platforms Investment in product and infrastructure Inorganic growth Pursue Targeted, Strategic M&A optile Acquired 2020 Payoneer 16#17Secular tailwinds & innovative product offering drive top-line growth Volume ($bn) Strong network effects powering our customer acquisition Revenue ($mm) Proven out by our rapid acceleration of new customer additions $29 $22 $44 $57 $346 $318 $260 $473 2018 2019 2020 2021 2018 2019 2020 2021 % YoY Growth 35% 53% 28% % YoY Growth 22% 9% 37% ●Payoneer 17#18Long-term target business model Payoneer Illustrative long-term targets 20%+ Revenue growth 20%+ EBITDA margin 10 480 560 18#19Thank you. payoneer.com