Overview
Payoneer is a global financial technology company that helps small and medium-sized businesses, freelancers, and marketplaces transact across borders. Founded in 2005 and headquartered in New York City, Payoneer provides multi-currency receiving accounts, mass payouts, B2B AP/AR payments, commercial cards, and working capital. It is widely used by sellers on marketplaces like Amazon, Walmart, and Upwork to collect international earnings.
Public Company
Payoneer went public on the Nasdaq under the ticker PAYO on June 25, 2021, via a business combination with FTAC Olympus Acquisition Corp. Under CEO John Caplan the company has expanded into B2B cross-border payments and made acquisitions including Skuad (workforce/HR payroll) and a licensed China-based payments provider. Revenue reached roughly $977.7 million in 2024, serving around 14 million customers across 190+ countries.
Products
Payoneer's platform spans cross-border collections and payouts, commercial cards, working capital advances, and merchant services, with a focus on emerging-market entrepreneurs and digital businesses.