Payoneer

Payoneer is an Israeli-founded financial services company that provides online money transfer and digital payment services for businesses and professionals worldwide. Founded in 2005 by Israeli entrepreneur Yuval Tal with $2 million in seed funding, the company is headquartered in New York City with its main operations center in Petah Tikva, Israel.

Payoneer's platform enables cross-border payments for marketplaces, e-commerce sellers, freelancers, and SMBs operating globally. The company processes billions of dollars in annual payment volume, providing services including multi-currency accounts, marketplace payouts, B2B payment automation, working capital, and commercial card programs. Payoneer supports payments in over 190 countries and 70 currencies, serving millions of customers globally.

Payoneer went public through a SPAC merger in June 2021, listing on the Nasdaq (PAYO). The company reported revenue of approximately $473 million in 2021 with total assets of $5.08 billion. Payoneer has raised over $265 million in private funding from investors including 83North (Greylock Israel), Wellington Management, Susquehanna Growth Equity, and TCV prior to going public. The company employs over 1,800 people across offices in the US, Israel, UK, EU, China, Japan, and other markets.