Full-Time

Business Development Manager

Confirmed live in the last 24 hours

Payoneer

Payoneer

1,001-5,000 employees

Global payment platform for cross-border transactions

Fintech
Financial Services

Mid

London, UK

Hybrid work frame.

Category
Business Development
Business & Strategy
Required Skills
Data Analysis
Requirements
  • At least 4 years of experience in business development, service and/or solution sales, account management, especially in payments, ecommerce or managing large size merchant acquisitions
  • Track record of meeting and exceeding business established goals
  • Experience in leading complex negotiations with CXOs of large and enterprise accounts
  • Ability to drive operational excellence through innovative initiatives
  • Ability to manage a team and work on individual targets at the same time
  • Analytical and data oriented, strong in data backed decision making
  • Proficient in the use of email, with strong written and verbal communications skills
Responsibilities
  • Impact market segment share by acquiring and onboarding new customers
  • Maintain a strong lead funnel of high-value customers, pitch Payoneer offerings to CXOs and crack deals with Payoneer as partner of choice to receive global payments and Check-Out options
  • Ability to explore new business segments and define GTM for the same
  • Generate and achieve monthly region/segment forecasts and exceed targets in areas of number of clients and GMV from our direct business
  • Drive below the line activities to augment customer acquisitions and represent Payoneer in industry forums to drive awareness
  • Create & articulate compelling value propositions for Payoneer services in coordination with the marketing team
  • Regularly interact across functional areas with senior management or executives to ensure unit objectives are met
  • Develop long-term strategic relationships with key stakeholders
  • Strong quantitative, analytical and conflict resolution abilities

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 transact 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 users to major online marketplaces, enhancing their growth opportunities. Payoneer generates revenue by charging lower service fees compared to traditional banks, making it a cost-effective choice for businesses looking to operate internationally.

Company Stage

IPO

Total Funding

$553.5M

Headquarters

New York City, New York

Founded

2005

Growth & Insights
Headcount

6 month growth

3%

1 year growth

9%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Payoneer's significant growth in merchant services volume, which increased by 400%, indicates strong market demand and potential for further expansion.
  • The company's strategic partnerships, such as with Airbnb, enhance its global reach and service offerings, benefiting both Payoneer and its clients.
  • The adoption of AI-powered tools and diverse vendor networks by SMBs, as highlighted in Payoneer's SMB Ambitions Barometer, suggests a forward-thinking approach that can drive future growth.

What critics are saying

  • The complexity of cross-border payments and geopolitical risks could pose challenges for Payoneer's clients, potentially impacting the company's growth.
  • Cybersecurity threats remain a significant concern, with SMBs increasingly prioritizing risk reduction, which could strain Payoneer's resources.

What makes Payoneer unique

  • Payoneer simplifies international transactions by allowing businesses to pay and get paid as if they were local, reducing the need for costly international wire transfers.
  • The platform's connections to leading marketplaces provide unique opportunities for businesses to expand globally, setting it apart from traditional financial institutions.
  • Payoneer's focus on cost-effective solutions with lower fees than traditional banks makes it an attractive option for businesses of all sizes.

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