Payoneer is an Israeli digital payment provider that offers a platform for secure online payments and money transfer services. The firm also facilitates cross border transactions through wire transfers and reloadable debit cards.
The company was founded in 2005 by Yuval Tal and Ben Yaniv Chechik, and as of 2021, operates in over 200 countries worldwide. Payoneer provides scalable solutions to support local and international financial transactions. They work with companies of varying sizes; from large multinational corporations such as Google, Amazon and Airbnb to small businesses and individual freelancers. Headquartered in New York City, the firm serves over five million customers across 35 languages through its online sites and global offices.
The company announced its completed merger with SPAC FTAC Olympus Acquisition Corp. in June 2021. Payoneer is listed on the NASDAQ, where it trades under the ticker PAYO.
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