Loading organizations...
Payoneer offers a comprehensive platform for cross-border payment solutions, allowing businesses and professionals worldwide to send and receive funds internationally with ease. The company facilitates secure online transactions, managing payouts and collections across diverse currencies and geographical regions. Its infrastructure supports global commerce by simplifying the complexities of international money transfers for various industries.
The company was founded in 2005 by Yuval Tal, who identified a critical gap in the market for streamlined global payment services. Tal's vision addressed the growing need for accessible and efficient financial tools that could support the burgeoning digital economy and its increasingly borderless workforce. This foundational insight drove the development of a system designed to connect individuals and businesses across continents.
Payoneer serves a broad spectrum of global clients, including freelancers, small and medium-sized enterprises, and large corporations requiring robust international payment capabilities. The company’s overarching mission is to foster economic growth and opportunity globally by dismantling barriers to international trade and enabling greater participation in the digital marketplace. It aims to be the leading partner for digital commerce worldwide.
Payoneer has raised $450.0M across 8 funding rounds.
Key people at Payoneer.
Payoneer was founded in 2005 by Yuval Tal (Founder & President).
Payoneer has raised $450.0M in total across 8 funding rounds.
Payoneer was founded in 2005 by Yuval Tal (Founder & President).
Payoneer has raised $450.0M in total across 8 funding rounds.
Payoneer's investors include Woody Marshall, Susquehanna Growth Equity, Adeyemi Ajao, CoinFund, Fifth Wall, Forerunner Ventures, Founders Circle Capital, Renegade Partners, Science, Marco DeMeireles, TCV, White Star Capital.
Payoneer Global Inc. (NASDAQ: PAYO) is a financial technology company that provides cross-border payment solutions, multi-currency accounts, and financial services tailored for small and medium-sized businesses (SMBs), freelancers, online sellers, and digital entrepreneurs, particularly in emerging markets.[1][2][3][7] It enables users to receive payments from over 200 countries as if they had local bank accounts in key markets like the US, EU, and Japan, solving the problem of cumbersome, expensive international transactions underserved by traditional banks.[1][2] With a platform processing over $82 billion in annual volume, Payoneer generates revenue from transaction fees, spreads, and interest through an asset-light model integrating with nearly 100 banks and payment providers worldwide, serving millions of users and demonstrating strong growth from early traction to public status.[2][3][4]
Payoneer was founded in 2005 in New York by Israeli entrepreneur Yuval Tal with $2 million in seed funding from Tal and private investors, targeting online businesses ignored by traditional banks for global payments and cross-border ecommerce.[2][4] Early expansion included a 2007 prepaid debit card launch and reaching $1 billion in annual transaction volume by 2011, particularly in Asia and Latin America.[2][3] The company raised over $265 million from investors like 83North, Carmel Ventures, and Technology Crossover Ventures, went public via SPAC in 2021, and pursued acquisitions such as Armor Payments (2016), Spott (2023), Skaud (2024, $61 million), and Easylink Payment Co. (2025) to broaden B2B, AI data, payroll, and Chinese market capabilities.[4]
Payoneer rides the explosive growth of global ecommerce, freelancing platforms, and digital trade in emerging markets, where cross-border payments represent a fragmented $150+ trillion opportunity increasingly digitized post-COVID.[2][3] Its timing aligns with SMB globalization—platforms like Shopify, Amazon, and Fiverr drive demand for frictionless payouts, while regulatory shifts (e.g., EU single market adaptations via Gibraltar/Ireland registration) favor agile fintechs over slow banks.[1][4] Market forces like rising FX volatility and deglobalization risks amplify its value in providing reliable local settlement; Payoneer influences the ecosystem by partnering with marketplaces, empowering underserved entrepreneurs, and expanding via acquisitions to capture B2B and AI-enhanced payments.[3][4]
Payoneer is poised to scale as global SMB trade accelerates, leveraging its 20-year network for deeper marketplace integrations and emerging market dominance amid $82B+ volume.[3][6] Trends like AI-driven fraud detection (post-Spott), embedded finance, and APAC/China expansion via Easylink/Skaud will shape growth, potentially boosting margins through higher-value services.[4] Its influence may evolve from payments facilitator to full-stack commerce enabler, sustaining momentum for underserved digital economies that traditional banks overlook.[1][2][7]
Key people at Payoneer.
Payoneer has raised $450.0M across 8 funding rounds. Most recently, it raised $180.0M Other Equity in October 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2025 | Ubyx | $10.0M Seed | Mike Giampapa | Citi Ventures, Coinbase Ventures, Cyberstarts VC, FirstHand Alliance, Haun Ventures, New Form Capital, Pantera Capital, The Hit Forge, Tiger Global Management, Tioga Capital Partners, Balaji Srinivasan, Kevin Weil, Leopold Gasteen, Ron Pragides, Boku, Bridget Harris, LayerZero Labs, Mirana Ventures, Monerium, Paxos, VanEck |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 5, 2016 | $180.0M Other Equity | Woody Marshall | Susquehanna Growth Equity |
| Oct 1, 2016 | $180.0M Series E | Adeyemi Ajao, CoinFund, Fifth Wall, Forerunner Ventures, Founders Circle Capital, Renegade Partners, Science, Marco DeMeireles, TCV, White Star Capital, Sean Flynn | |
| Aug 1, 2015 | $50.0M Series E | Wellington Management | Viola Ventures, Zinc, Greylock Partners, Nyca Partners, Ping An, Amir Goldman, Viola Ventures |
| Sep 1, 2014 | $1.0M Series D | Nyca Partners | |
| Mar 1, 2014 | $25.0M Series D | Amir Goldman | Viola Ventures, Zinc, 83North, Vintage Investment Partners, Avi Zeevi |
| Jul 1, 2008 | $8.0M Series B | Greylock Partners, Viola Ventures | Tamar Technology Ventures, Zinc |
| Oct 22, 2007 | $4.0M Series A | Moshe Mor | |
| Dec 1, 2004 | $2.0M Seed | Silvertech Ventures, Tamar Technology Ventures, Team8 |