Payoneer Momentum Continues with Several Milestones to Close Out 2014

Share Article

Rapid growth continues; wins Deloitte Fast 500 for third consecutive year, and one of Top 100 financial services companies in Inc. 5000 for second consecutive year. Global expansion continues with strategic funding, new offices in Silicon Valley and Asia, and launch of Payoneer Ambassador Program.

News Image

Payoneer Inc., a leading global payments company, today announced several 2014 company milestones as it looks ahead to continued growth and expansion in 2015.

Based on the strength of its mission to empower global commerce by connecting businesses, professionals, countries and companies, Payoneer has experienced one of its most successful years to-date. Top milestones from 2014 include:

  •     Secured strategic investments and partnerships:

o    Ping An Group, a leading Chinese financial services provider
o    Nyca Partners, a venture capital and advisory firm with significant financial services and technology expertise
o    Susquehanna Growth Equity, LLC, a private equity firm focused on the financial services industry and an affiliate of Susquehanna International Group, LLP

  •     Fast growth and innovation recognized once again in leading industry awards:

o    Deloitte Fast 500 - Third year in a row with 762% growth over past 5 years
o    Inc. 5000 - Ranked in the top 100 Financial Services companies for the second year in a row
o    2015 Paybefore Award - Winner of the Think Local, Pay Global award

  •     Industry luminaries added to board and advisory team:

o    Hans Morris, former Citi executive and Visa President
o    Lazaro Campos, former SWIFT CEO

  •     Added major mass payout partners:

o    Airbnb, Wish and many more industry-leading marketplaces, enterprises and language service providers
o    Selected as a global payments provider by Google for Trusted Stores program, which helps customers identify merchants they can trust online

  •     Exceeded 100,000 monthly applications
  •     Launched brand ambassador program and hosted large-scale Payoneer Forum events in Argentina, Bangladesh, China, Japan and Pakistan. Fifteen more countries will be added throughout 2015.

“There’s a lot to be excited about at Payoneer with much more to come as we look ahead to 2015,” said Scott Galit, CEO, Payoneer. “With Payoneer’s fast, flexible, secure and low-cost solutions, we’re poised to continue building momentum as we enable and accelerate cross-border growth for more businesses and professionals in all corners of the world. Our innovative payment solutions have enabled us to achieve our 2014 milestones, and our commitment to customer experience, compliance and risk management positions us for sustainable growth.”

To learn more about how Payoneer is empowering global commerce with cross-border payment services for business, visit the Payoneer website.

About Payoneer
Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Airbnb, Elance-oDesk, Getty Images and Google rely on Payoneer’s mass payout services.

With Payoneer’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000’s Financial Services companies. For more information, visit us at http://www.payoneer.com or follow us on Twitter and Facebook.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Beth Kempton, Walker Sands Communications

+1 (312) 241-1178
Email >