Payoneer
Payoneer is a cross-border payments and receiving-account provider founded in 2005. Freelancers and marketplaces use it to get paid locally in multiple countries, overlapping with Wise and PayPal in the global-account fintech category.1
History
Payoneer built early traction with marketplace sellers who needed US and EU receiving details. It listed publicly and continues to serve digital freelancers and SMEs.
Founders
Yuval Tal is the founder of Payoneer and a pioneer of cross-border receiving accounts for freelancers and digital businesses. He founded Payoneer in 2005 to solve a then-painful problem: marketplace sellers and remote workers outside the U.S. who needed local bank details to get paid. Under Tal's early leadership Payoneer built a network of local receiving accounts, cards and mass-payout rails spanning dozens of countries.
Payoneer later listed publicly (NASDAQ: PAYO) and continues to compete with Wise, PayPal and other global-account providers serving the creator, freelancer and SME economy—fintech infrastructure adjacent to consumer neobanks.
Reception
Payoneer is a staple for freelancers and marketplace sellers who need local receiving accounts. It competes with Wise and PayPal in cross-border payouts rather than as a full retail neobank.
Products
Local receiving accounts, cards, mass payouts, checkout and working-capital products delivered with banking and e-money partners by jurisdiction.
References
- Payoneer Global Inc. is a publicly traded cross-border payments company.
Frequently asked questions
- What is Payoneer?
- Payoneer is a cross-border payments company providing receiving accounts and payouts for freelancers and businesses.
- When was Payoneer founded?
- Payoneer was founded in 2005.
- Where is Payoneer headquartered?
- Payoneer is headquartered in New York, U.S..
- Who founded Payoneer?
- Payoneer was founded by Yuval Tal.
- What type of company is Payoneer?
- Payoneer is described as Public (NASDAQ: PAYO) in its neobank.wiki profile.
See also
- Airwallex — Airwallex is an Australian-founded business fintech for global accounts, payments and spend management.
- Alex Johnson — Alex Johnson is the founder of Fintech Takes, a widely read fintech newsletter and podcast; he is active on X as @AlexH_Johnson.
- Alexandre Prot — Alexandre Prot is co-founder and CEO of Qonto, the Paris-based European business neobank.
- Ali Niknam — Ali Niknam is founder and CEO of Bunq, the Amsterdam-based licensed Dutch neobank.
- Ally Bank — Ally Bank is a large U.S. online bank offering deposits, loans and investment products without branches.