# Payoneer

> Payoneer is a cross-border payments company providing receiving accounts and payouts for freelancers and businesses.

Source: https://www.neobank.wiki/wiki/payoneer
Last updated: 2026-08-11
Categories: Financial technology, United States fintech, Payment platforms, Public companies, Companies founded in 2005

**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](/wiki/wise) and [PayPal](/wiki/paypal) in the global-account fintech category.[^po1]

## 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](/wiki/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](/wiki/wise), [PayPal](/wiki/paypal) and other global-account providers serving the creator, freelancer and SME economy—fintech infrastructure adjacent to consumer [neobanks](/wiki/neobank).

## Reception

Payoneer is a staple for freelancers and marketplace sellers who need local receiving accounts. It competes with [Wise](/wiki/wise) and [PayPal](/wiki/paypal) in cross-border payouts rather than as a full retail [neobank](/wiki/neobank).

## Products

Local receiving accounts, cards, mass payouts, checkout and working-capital products delivered with banking and e-money partners by jurisdiction.

## Infobox

- **Type**: Public (NASDAQ: PAYO)
- **Founded**: 2005
- **Founder**: Yuval Tal
- **Headquarters**: New York, U.S.
- **Focus**: Cross-border payouts

## 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.


## References

[^po1]: Payoneer Global Inc. is a publicly traded cross-border payments company.