Payoneer
Founded Year
2005Stage
Reverse Merger | IPOTotal Raised
$257MRevenue
$0000About Payoneer
Payoneer (NASDAQ: PAYO) is a commerce technology company. It connects businesses, professionals, countries, and currencies with its cross-border payments platform and offers mass payout services. The company was founded in 2005 and is based in New York, New York.
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Payoneer's Products & Differentiators
Mass Payouts
Mass payment, also known as mass payout, is a method of paying multiple recipients online simultaneously. Mass payments solutions are often used by organizations that need to make a high volume of payments using multiple payment methods, in multiple currencies, to countries across the world. With Payoneer, you can easily make payments to a large number of payees in just minutes using our robust payments APIs. Our range of mass payout options includes payments to prepaid MasterCard® cards, transfers to local banks, local eWallets, and international checks. We make sure your mass payouts meet the requirements of every country you send money to through our secure and tightly audited payments platform.
Research containing Payoneer
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Payoneer in 3 CB Insights research briefs, most recently on Mar 27, 2023.
Expert Collections containing Payoneer
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Payoneer is included in 8 Expert Collections, including Fintech 250.
Fintech 250
748 items
SMB Fintech
2,001 items
Gig Economy Value Chain
155 items
Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry
Payments
2,672 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Tech IPO Pipeline
568 items
Conference Exhibitors
5,302 items
Latest Payoneer News
May 28, 2023
INSIDEA, a prominent remote work outsourcing platform, has announced a strategic partnership with Payoneer, a global financial services company. Our partnership with Payoneer propels us to new heights, revolutionizing remote hiring and empowering businesses to access top talent worldwide. Together, we shape the future of work.” — Pratik Thakker, Founder & CEO of INSIDEA TEL AVIV, ISRAEL, May 28, 2023/ EINPresswire.com / -- INSIDEA , a prominent remote work outsourcing platform, has announced a strategic partnership with Payoneer , a global financial services company specializing in online money transfer and digital payments. This collaboration marks a significant milestone in the evolution of remote work, empowering businesses to easily access and hire top remote talent from around the world. As the remote work revolution continues to reshape the employment landscape, INSIDEA has emerged as a trusted platform that enables organizations to tap into a diverse pool of remote professionals across a wide range of domains. By teaming up with Payoneer, INSIDEA further strengthens its position as a leader in the remote hiring space, offering seamless and secure payment solutions to its global clientele. "Our partnership with Payoneer marks an exciting chapter in our journey to strengthen the way businesses hire and remunerate remote talent," said Pratik Thakker , Founder and CEO of INSIDEA. "By joining forces, we can provide our clients with a comprehensive remote hiring solution, combining our curated talent pool with Payoneer's seamless payment capabilities. Together, we are empowering businesses to embrace the power of remote work and leverage top talent from around the globe." This partnership allows Payoneer expands its reach into the remote work market, tapping into a vast network of organizations seeking top talent worldwide. It paves way for Payoneer to showcase its robust financial infrastructure and payment solutions to a broader audience, reinforcing its position as a global leader in online money transfer and digital payments. This collaboration promises mutual benefits, creating a favorable outcome for both companies and their global workforce. INSIDEA's commitment to quality and efficiency aligns perfectly with Payoneer's mission to empower businesses and individuals worldwide to thrive in the digital economy. They are united in their commitment to breaking down barriers and fostering a global community of remote professionals and businesses. This partnership is set to fuel the future of work, enabling organizations to build agile, cross-functional teams that thrive in the digital age. Pratik Thakker
Payoneer Frequently Asked Questions (FAQ)
When was Payoneer founded?
Payoneer was founded in 2005.
Where is Payoneer's headquarters?
Payoneer's headquarters is located at 150 West 30th Street, New York.
What is Payoneer's latest funding round?
Payoneer's latest funding round is Reverse Merger.
How much did Payoneer raise?
Payoneer raised a total of $257M.
Who are the investors of Payoneer?
Investors of Payoneer include Wellington Management, Winslow Capital, T. Rowe Price, Franklin Templeton, Millennium Management and 16 more.
Who are Payoneer's competitors?
Competitors of Payoneer include PayNearMe, Tipalti, Hypur, Stripe, Steamchain Corp, Yoco, Billtrust, TouchBistro, Satispay, Ezetap and 37 more.
What products does Payoneer offer?
Payoneer's products include Mass Payouts and 4 more.
Who are Payoneer's customers?
Customers of Payoneer include Walmart, Coupang and Upwork.
Compare Payoneer to Competitors
Stripe operates as a financial technology company. It offers an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. It allows users to accept payments, send payouts, and manage businesses online. It was formerly known as HGSC. It was founded in 2010 and is based in South San Francisco, California.
YapStone is a global provider of web and mobile payment technology solutions, offering a platform that powers electronic payments for international online and mobile marketplaces, including HomeAway and VRBO, as well as for targeted, large vertical markets, including apartment and vacation rentals, HOA communities, self-storage and non-profits. YapStone develops tailored payment solutions to address partner needs.
GoCardless is an online direct debit provider. It is an international payments network for businesses to take and settle recurring payments from anywhere, to anywhere, in any currency. It was founded in 2011 and is based in London, United Kingdom.
Lemon Way is a pan-European payment institution dedicated to marketplaces, crowdfunding platforms, e-commerce websites, and other companies looking for payment processing, wallet management and third-party payment in a KYC/AML - regulated framework.
TouchBistro is an iPad-based restaurant management platform. It offers an integrated payments solution designed to meet the needs and fast pace of the food service industry. The firm was founded in 2011 and is based in Toronto, Canada.
Pine Labs offers cloud-based point-of-sale (PoS) payments solutions, allowing merchants to accept credit or debit card payments, as well as methods such as e-wallets, QR code payment solutions, and unified payments interface (UPI)-based solutions.
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