Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital
The company is headquartered in New York City. As of 2019, the company employed approximately 1,200 people and serves over 4 million customers in 14 offices around the world.
In 2019 the company was valued at over $1 billion.
In order to lawfully remit money within the European Single Market, Payoneer was registered with the Gibraltar Financial Services Commission until the Brexit, when they moved to Ireland.
Payoneer was established in 2005 with $2 million in seed funding from founder and then CEO Yuval Tal and other private investors. 83North (Greylock Israel) led additional funding of $4 million in 2007, with other investors including Carmel Ventures, Crossbar Capital, Ping An, Wellington Management, Susquehanna Growth Equity, and Nyca Partners. Since 2005, Payoneer has received over $265 million from investors.
In February 2020, the company was included in the Forbes Fintech 50: The Most Innovative Fintech Companies in 2020