Payoneer operates a cross-border payments platform that connects businesses, professionals, countries and currencies worldwide. The Company is a provider of global payout solutions, offering a secure, simple and cost-effective way for companies to pay people and businesses. Its products include Global Payment Service that provides access to several receiving accounts, which enable users to receive local bank transfers from companies directly to their Payoneer account; and products that enable users to receive funds from integrated mass payout partners, including freelance, vacation rental, e-commerce and stock photography marketplaces, as well as affiliate networks directly to their bank accounts.
|Acquired Company||Date||Deal Size|
|Armor Payments||March 15, 2015|