Wallets/payoneer
Payoneer
0 standards supported
Overview
Payoneer is a cross-border payments platform that gives SMBs, freelancers and marketplace sellers multi-currency receiving accounts, payouts, and a payment card to get paid by global marketplaces and clients [1, us-cro]. It is widely used by sellers on Amazon, Upwork, Fiverr and other platforms to collect funds in local currencies and withdraw or spend them, competing with [[wise]], [[airwallex]] and [[paypal]] for the cross-border SMB segment.
Payoneer went public on the NASDAQ (PAYO) in 2021 via SPAC and operates across 190+ countries.
History
2005 — Payoneer founded by Yuval Tal in New York to enable cross-border mass payouts [2].
2010s — Marketplace + freelancer growth as e-commerce sellers and gig workers adopted Payoneer receiving accounts and the Payoneer card.
2021 — NASDAQ listing (PAYO) via SPAC merger with FTAC Olympus.
2022-2025 — Expansion into business accounts, working-capital, B2B AP/AR and merchant services; deeper APAC and emerging-market presence.
Ownership & operator
Operating entity: Payoneer Global Inc. (NASDAQ: PAYO).
Founder: Yuval Tal.
Regulators: FinCEN + state money-transmitter regimes + CBI (Ireland EMI) + FCA (UK) + per-country regulators worldwide.
Technical integration
| Layer | Description |
|---|---|
| Channels | Web + mobile app + mass-payout API + marketplace integrations |
| Identifiers | Multi-currency receiving accounts (virtual local bank details) + card + email |
| Receiving accounts | Local USD/EUR/GBP/etc. account details to collect from marketplaces and clients |
| Stack | Payouts, withdrawals, Payoneer card, working capital, B2B AP/AR |
| Customer focus | SMBs, freelancers, marketplace sellers, B2B |
Implementations & partners
Operator: Payoneer Global Inc.
Marketplaces: integrated payouts with Amazon, Upwork, Fiverr, Airbnb and many others.
Card networks: Mastercard-branded Payoneer card.
Competitors: [[wise]], [[airwallex]], [[paypal]], [[rapyd]] for cross-border flows.
Regulators: FinCEN + state money-transmitter + CBI (Ireland) + FCA + per-country.
Status
Active, a leading cross-border payments platform for SMBs and freelancers [1, 2]:
- Payoneer Global Inc. (NASDAQ: PAYO), founded by Yuval Tal.
- Multi-currency receiving accounts + payouts in 190+ countries.
- Widely used by marketplace sellers and freelancers.
- FinCEN + state money-transmitter + CBI + FCA + per-country regulated.
Sources
- 1 Payoneer — official
- 2 Payoneer — Wikipedia
- us-cro In-corpus: see US country report
Source
Biography extracted from payoneer.md. See matrix.md for standards-support matrix if present.