• FOUNDING YEAR: 2005
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Online cross-border payments solutions. It provides cross-border wire transfers, online payments, and refillable debit card service for businesses and working professionals.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Amazon, AirBnB, Elance, uShip, Google, UpWork, Getty Images
EXISTING PARTNERSHIPS:
Mastercard, Visa, PCI
COMMENT
Payoneer offers beneficiaries a new experience including a variety of payment options with reduced cost and global reach to more than 200 countries.

PEOPLE

FOUNDERS:
Ben Yaniv Chechik, Yuval Tal
Board Members and Advisors:
Amir Goldman, Oded Zehavi, Lazaro Campos
NUMBER OF EMPLOYEES:
501-1000
INVESTORS:
Greylock Partners, Susquehanna Growth Equity, 83North, Carmel Ventures, Charlie Federman, Crossbar Capital, Ilan Kaufthal, Michael Loeb, Nyca Partners, Ping An, Vintage Investment Partners, Wellington Management, Yuval Tal, Zohar Gilon, China Broadband Capital
KEY EMPLOYEES:
Scott Galit(CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$269 Millions
DATE OF LAST FUNDING:
Dec 2017
TOTAL FUNDING COMMENT:
The company intends to use the funds to further strengthen its global platform and accelerate investment in China operations (Dec 2017).
SEED & PRIOR FUNDING:
$2 Millions
SEED CLOSED ON:
May 2005
FUNDING SERIES:
SERIES A
$4 Millions Closed: Mar 2007
SERIES B
$8 Millions Closed: Jul 2008
SERIES C
$25 Millions Closed: May 2014
SERIES D
$50 Millions Closed: Mar 2015
SERIES E
$180 Million Closed: Oct 2016
LISTED:
NO
COMMENT:
Venture fund: $1 M(Sep 2014)

LATEST RESEARCH