Tagged: payoneer

Payments Fintech Payoneer Reports Record Quarterly Revenue and Profitability in Q1 2024

Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses to transact, do business and grow globally,  reported financial results for its first quarter ended March 31, 2024. John Caplan, Chief Executive Officer at Payoneer, said: “Payoneer delivered record… Read More

Payments Fintech Payoneer Introduces Features to Improve CX, Help Entrepreneurs Connect with Digital Economy

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced new features to “improve the customer experience and help entrepreneurs easily connect with the global economy.” Oren Ryngler, Payoneer Chief Product Officer,… Read More

Fintech Payoneer and Etsy to Help Sellers in Emerging Markets with Getting Paid

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced a collaboration with global online marketplace Etsy (NASDAQ: ETSY), to support its bespoke seller offering, Etsy Payments. The collaboration will enable Etsy… Read More

Payoneer Singapore Obtains Major Payment Institution License to Empower SMEs

Payoneer Singapore Private Limited, a subsidiary of Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized enterprises (SMEs) to transact, do business, and grow globally, has been “granted a Major Payment Institution License from the Monetary Authority of Singapore… Read More

Payments Fintech Payoneer Adds Capabilities with Acquisition of Data Platform, Spott

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more… Read More

Rising Cost of Living Is Leading to Collaborative Growth Opportunities for SMBs, Freelancers, Survey Reveals

New research from Payoneer (NASDAQ: PAYO) shows almost half (46%) of surveyed freelancers around the world “have seen an increase in demand for their work from global businesses compared to 2021, and over half (55%) have taken on more work in response to the rising… Read More

Payoneer Approved for UK E-Money License

Payoneer (NASDAQ: PAYO), a payments Fintech, has been approved to provide services under the UKs Electronic Money License. Payoneer is a  global platform that currently provides services for millions of SMEs, particularly in emerging markets, to pay and get paid, manage their funds, and more…. Read More

Payoneer Announces a New CFO

Payoneer Global Inc. (NASDAQ: PAYO) has announced a new Chief Financial Officer. According to a corporate statement, Bea Ordonez  – currently the Deputy CFO – will replace current CFO Michael Levine, who will step down in March. Ordonez will then report to Payoneer co-CEO John… Read More

Payoneer Receives In-Principle Regulatory Approval in Singapore

Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). The license, once received, “will allow Payoneer to offer additional payments… Read More

Ukraine: Businesses Resilient, Open for International Clients, According to Payoneer

This past July, payments Fintech Payoneer (NASDAQ: PAYO) reports that it surveyed 4,200 Ukrainian SMEs who are clients of the company that also work with customers outside of Ukraine. According to Payoneer, businesses in Ukraine remain resilient, persevering even as the unprovoked war with Russia… Read More

UK: New Financial Services Bill Removes EU Regulation, Aims to Ensure UK at Forefront of Innovation

Today, the Financial Services and Markets Bill was introduced to Parliament in the UK. The legislation will replace “hundreds of pieces of EU retained law” as the UK moves beyond the oversight in Brussels. The aim of the bill is to establish a “coherent, agile… Read More

UK’s Linnworks to Streamline Cross-Border Transactions with Payoneer Partnership

Linnworks, a UK-headquartered digital commerce tech firm, has announced a partnership with the global ‘leader” in commerce technology and payments Payoneer (NASDAQ: PAYO) to “simplify cross-border and B2B transactions for their customers.” The partnership will “provide retailers with integrated options to receive funds and make… Read More

Payoneer Selects Former Alibaba Executive as New CEO

Payoneer (NASDAQ: PAYO) has announced that John Caplan will become the company’s new CEO. Caplan is expected to operate as co-CEO until the end of 2023 at which time current CEO Scott Galit “will continue in a strategic role.” Payoneer is a global payments platform… Read More

Payments Fintech Payoneer Global Appoints Several Senior Management Professionals to Lead Business Expansion Efforts

Payoneer Global Inc. (NASDAQ: PAYO), the commerce tech firm that powers payments and growth for the new digital economy, reveals that it has appointed three industry professionals to its leadership team and Board. Payoneer Chief Operating Officer, Keren Levy, will become President, in order to… Read More

Global Payment & Commerce-Enabling Platform Payoneer Announces Collaboration With eBay

  Payoneer Inc., the global payment and commerce-enabling platform, announced on Tuesday it is collaborating with eBay to enable sellers in select countries to get paid for their sales on eBay’s core marketplace. Payoneer reported that the partnership is part of eBay’s mission to modernize… Read More

Payoneer Research Reveals that Gig-Economy has “Bounced Back” Mainly due to Companies Hiring Freelance Workers

Payoneer Inc., the global payment and commerce-enabling platform, has published a blog post in which it argues that freelancing or the gig economy is “here to stay.” Kareen Friedman (from Payoneer), who focuses on the freelance and service providers sector, writes that it should be… Read More

Following SPAC Announcement, Payoneer Teams Up With Mastercard to Offer Tailor-Made Purchase Card Specifically For Small to Mid-Sized Businesses

Payoneer Inc., the global payment and commerce-enabling platform, announced on Wednesday it has joined forces with Mastercard to launch the Payoneer Digital Purchasing Mastercard, which is a tailor-made purchase card specifically for small to mid-sized businesses, eCommerce sellers, and freelancers worldwide. Payoneer reported that through… Read More

Fintech Industry in Israel Acquired Nearly 25% of Technology Sector Funding in Country, Driven by Speculative Valuations

  Record-breaking funding, massive initial public offerings and unprecedented valuations are all now a part of what may be described as the Fintech “gold rush.” From September of last year until January 2021, the Fintech industry in Israel acquired around $1.4 billion in funding, which… Read More

Fintech Adoption in Pakistan and Digital Transformation Supported by Local Fintechs Could Improve Tax Collection: PM Imran Khan

The team at Islamabad-based Fintech firm SadaPay has been introducing innovative and appealing financial products and services that are focusing on younger consumers in Pakistan. SadaPay is offering black, sleek premium spending cards which may be comparable to some of the cards offered by European… Read More

SPACs: US Fintech Payoneer Set to Go Public via a Special Purpose Acquisition Company led by Bancorp’s Betsy Cohen

Nearly 300 SPACs are currently seeking deals with $90 billion in available cash. Fintech firm Payoneer is also planning to go public through a SPAC that will reportedly be led by Bancorp founder Betsy Cohen. Payoneer’s management noted that they intend to merge with a… Read More

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