About
Payoneer specializes in helping businesses transcend borders, limits, and expectations in todays digital world. Payoneer gives businesses of all types and sizes access to new economic opportunities by enabling them to transact globally as easily as they do locally. Payoneers 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 addressing cross-border payments, working capital, tax solutions, and risk management. Founded in 2005, Payoneer is profitable and has teams based worldwide. Powering growth for customers ranging from aspiring entrepreneurs in emerging markets to leading global digital brands such as Airbnb, Amazon, Google, and Upwork, Payoneer is focused on making global commerce easy and secure.
Funding history · 11 rounds · $577.0M total
Company Intelligence Q&A
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- When was Payoneer Global founded and what is its primary focus?
- Payoneer Global was founded in January 2005 and specializes in global payment solutions, enabling businesses to transact globally.
- What was a significant financing event for Payoneer Global in June 2021?
- In June 2021, Payoneer Global completed a PIPE (Private Investment in Public Equity) round, raising $300,000,000 from investors including Fidelity Management & Research Company and Dragoneer Investment Group.
- What was a key operational development for Payoneer Global in February 2023?
- In February 2023, Payoneer Global's Board of Directors appointed John Caplan as CEO, effective March 1, 2023.
- What acquisition did Payoneer Global make in August 2023?
- In August 2023, Payoneer Global acquired the Israeli AI startup Spott, a data platform, to enhance its capabilities.
- What strategic partnership did Payoneer Global expand in September 2023?
- In September 2023, Payoneer Global expanded its long-term relationship with Airbnb, allowing hosts in additional countries to receive payments in local currency.
- What was a notable workforce development at Payoneer Global in June 2023?
- In June 2023, Payoneer Global announced plans to part with 200 employees, representing 10% of its workforce.
- What regulatory approval did Payoneer Singapore secure in August 2023?
- In August 2023, Payoneer Singapore secured a Major Payment Institution License, aimed at empowering SMEs.
- What was Payoneer Global's total funding raised as of its last reported financing event?
- As of its last reported financing event, Payoneer Global has raised a total of $577,000,000.
- What was a significant acquisition by Payoneer Global in August 2024?
- In August 2024, Payoneer Global acquired Singapore payroll company Skuad for $61,000,000.