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About Payoneer
Industries
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2005
Overview
Payoneer provides a global payment platform that makes international business transactions easier and more affordable. The platform allows businesses to send and receive payments in various currencies, which helps them expand into new markets without the hassle of traditional international wire transfers. By enabling companies to operate as if they were local, Payoneer reduces the complexity and costs associated with cross-border payments. It serves a diverse clientele, from small businesses to large corporations, and connects them to leading marketplaces to enhance their growth opportunities. Payoneer generates revenue through service fees, which are generally lower than those of traditional banks, making it a cost-effective choice for businesses looking to streamline their international transactions.
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Simplify's Take
What believers are saying
- Payoneer's partnership with Meezan Bank expands its reach in the Pakistani market.
- The acquisition of Easylink Payment allows Payoneer to offer licensed services in China.
- Record annual volume and revenue growth highlight Payoneer's scalable business model.
What critics are saying
- Increased competition from local Chinese providers may challenge Payoneer's market share.
- Regulatory scrutiny in China could impact Payoneer's integration of Easylink Payment.
- Political instability in Pakistan may affect the partnership with Meezan Bank.
What makes Payoneer unique
- Payoneer simplifies international transactions with a focus on cost-effective solutions.
- The company offers marketplace connections, enhancing global business opportunities for clients.
- Payoneer's acquisition of Easylink Payment strengthens its position in the Chinese market.
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Funding
Total Funding
$832M
Above
Industry Average
Funded Over
7 Rounds
Greylock PartnersBenefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Parental Leave
Wellness Program
Flexible Work Hours
Growth & Insights and Company News
6 month growth
â 0%1 year growth
â 0%2 year growth
â -1%NEW YORK - (BUSINESS WIRE) - Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that John Caplan, Chief Executive Officer, will participate in a fireside chat at the JP Morgan 53rd Annual Global Technology, Media and Communications Conference on Wednesday, May 14, 2025 beginning at approximately 8:00AM ET.
Payoneer has acquired China's payment service provider EasyLink Payment. Founded in 2005, Payoneer offers cross-border financial solutions to support SMBs in their transactions and business operations.
Small business-focused FinTech Payoneer bought Chinaâs Easylink Payment Co. The deal makes Payoneer the third foreign payment platform licensed to offer online payment services in China, according to a Thursday (April 10) press release. The acquisition cost was not provided. âWe serve a diverse range of companies in China, allowing them to grow their business globally,â Payoneer CEO John Caplan said in the release. âWe are honored to be a licensed payment service provider in China. Our acquisition strengthens our global regulatory infrastructure and positions us to better serve those customers with enhanced and localized products and services.â
Payoneer (NASDAQ: PAYO), a financial technology company focused on empowering small and medium-sized businesses (SMBs) globally, has officially acquired Easylink Payment Co., Ltd., a licensed payment service provider based in China.
Celebrating bold Ambition: Silver Bell Group at Payoneer's 20-year Ambition Hackathon.
Payoneer is Hiring for 62 Jobs on Simplify!
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About Payoneer
Industries
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2005
Payoneer is Hiring for 62 Jobs on Simplify!
Find jobs on Simplify and start your career today
UI/UX & Design
2 Open Roles
Training
1 Open Roles
People Also Viewed
Discover companies similar to Payoneer