Tagged: payoneer

July 20, 2022 @ 4:22 pm By JD Alois  |  

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

June 30, 2022 @ 11:32 am By Omar Faridi  |  

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

May 25, 2022 @ 3:04 pm By JD Alois  |  

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

September 10, 2021 @ 3:28 pm By Omar Faridi  |  

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

May 4, 2021 @ 10:09 am By Samantha Hurst  |  

  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

March 21, 2021 @ 8:14 pm By Omar Faridi  |  

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

March 11, 2021 @ 7:54 am By Samantha Hurst  |  

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

February 21, 2021 @ 3:13 pm By Omar Faridi  |  

  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

February 7, 2021 @ 7:14 pm By Omar Faridi  |  

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

February 4, 2021 @ 9:47 am By Omar Faridi  |  

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

December 7, 2020 @ 7:29 am By Omar Faridi  |  

  The steady growth of the global Fintech economy and Israel’s role as a key player in this nascent sector has become more prominent during the past few years. Israel’s Fintech industry is evolving into a leading hub for companies throughout the world. Fintech covers… Read More

December 3, 2020 @ 9:23 am By Samantha Hurst  |  

  Digital payments company Payoneer announced on Thursday it has joined forces with TrueLayer to launch its open banking service for customers in the UK and Europe. Payoneer reported that its customers in these regions will now benefit from lower fees, faster payments and increased… Read More

November 23, 2020 @ 3:12 pm By Samantha Hurst  |  

Digital payments company Payoneer announced on fMonday the launch of its new payment orchestration platform that is dedicated to e-commerce merchants in North America. The company reported that following its optile acquisition, it is now integrating its offering into its core platform and expanding its… Read More

September 22, 2020 @ 3:20 pm By JD Alois  |  

The ongoing exposé of leaked documents from FinCEN (the enforcement branch of the US Department of Treasury), and allegations of money laundering, continues to ripple through the media. A story shared by NBC News today covers the collapse of Choice Bank, based in Belize, and… Read More

May 10, 2020 @ 10:41 pm By Samantha Hurst  |  

Digital payments company Payoneer announced last week it has formed a partnership with UK business account app ANNA to bring artificial intelligence (AI) to business to business (B2B) international payments. According to Payoneer, the partnership will allow ANNA customers, who are SMBs and freelancers, to… Read More

February 12, 2020 @ 9:41 am By Samantha Hurst  |  

Digital payments company Payoneer announced on Wednesday it not only opened a new office Dublin, it has also been authorized as an Electronic Money (e-money) institution by the Central Bank of Ireland (CBI). Payoneer claims its the twelfth company to be granted the license. Founded… Read More

February 9, 2020 @ 4:27 am By Omar Faridi  |  

PaySend, a popular UK-established cross-border funds transfer service, has teamed up  with Pakistan’s JS Bank, in order to introduce the “Freelance Wallet” for freelance workers in the $300+ billion economy. Pakistan is notably the world’s fourth fastest-growing global economy for freelancers, with revenues recording an… Read More

January 26, 2020 @ 4:29 pm By Omar Faridi  |  

It seems like there’s some good news finally for freelancers based in Pakistan. Global payments company Payoneer has teamed up with local firm JazzCash, a mobile payment provider, in order to allow Pakistani residents to receive funds from their Payoneer accounts directly into their JazzCash… Read More

December 11, 2019 @ 8:01 am By Omar Faridi  |  

Payoneer, an established online payments platform that helps organizations and individuals across the globe to grow their business, revealed on December 10 that it has decided to acquire optile, a Germany-headquartered technology firm that enhances payment acceptance processes for consumers globally. Established in 2010, optile’s… Read More

October 5, 2016 @ 1:46 pm By Samantha Hurst  |  

On Wednesday, digital payments company Payoneer announced it raised $180 million during a financing round led by TCV with participation from existing investor, Susquehanna Growth Equity. According to Payoneer, TCV committed to purchase shares from existing shareholders, pending regulatory approval and other customary closing conditions with… Read More