October 5, 2016Blog Posts

Payoneer raises $180 million to help businesses move money across borders

VentureBeat:

Digital payments company Payoneer has raised a whopping $180 million in a series E round led by Technology Crossover Ventures (TCV), with participation from existing investor Susquehanna Growth Equity.

Founded in 2005, New York-based Payoneer’s platform serves to help businesses around the world make and receive payments in their own currency. It includes additional services such as regulatory compliance, tax-form automation, and risk monitoring and basically joins the dots between countries, companies, and currencies, making the process of trading internationally easier and cheaper.

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