When was Payoneer founded?

Payoneer was founded in 2005 and raised its 1st funding round within a year of its incorporation.

Where is Payoneer located?

Payoneer is headquartered in New York City, United States.

How many employees does Payoneer have?

As of May 31, 2026, the latest employee count at Payoneer is 3202.

Is Payoneer a funded company?

Payoneer is a funded company, having raised a total of $269M across 9 funding rounds to date. The company's 1st funding round was a $2M Angel round, raised on 2005.

When was the latest funding round of Payoneer?

Payoneer's latest funding was a Series E round on Dec 05, 2017, with participation from 3 investors.

What is the annual revenue of Payoneer?

Annual revenue of Payoneer is more than $1B as on Dec 31, 2025

Is Payoneer a Digital Remittance company?

The primary sectors of Payoneer are Digital Remittance and Payments.

Where does Payoneer rank among its competitors?

Payoneer ranks 2nd amongst 1083 active competitors, of which 153 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Airwallex, which secured $320M in Jun, 2026.

Who are the top competitors of Payoneer?

Payoneer's top competitors include Wise, Remitly and Airwallex. Among them, Airwallex secured the most recent funding round in June, 2026.

Payoneer - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Payoneer an acquired company?

Payoneer got acquired by Nuvei on Jun 15, 2026.

Payoneer is an acquired company based in New York City (United States), founded in 2005 by Yuval Tal and Ben Yaniv Chechik. It operates as a Provider of cross-border payment solutions for freelancers, businesses, and marketplaces. Payoneer has raised $269M in funding from investors like Greylock Partners, TCV and Susquehanna Growth Equity. The company has 1083 active competitors, including 153 funded and 48 that have exited. Its top competitors include companies like Wise, Remitly and Airwallex.

Sectors and market segments that Payoneer operate in

Payoneer serves in the FinTech market segments.The primary business model of Payoneer are:

Company Details

Provider of cross-border payment solutions for freelancers, businesses, and marketplaces. The company facilitates payments, manages multiple currencies, and offers working capital advances. It provides tools for global workforce management, including compliant hiring and payment solutions. The company offers services such as contractor management and employer of record options.

Website: www.payoneer.com/
Social
Email ID: *****@payoneer.com
Phone Number: +1 **********

Key Metrics

Founded Year

2005

Location

New York City, United States

Stage

Acquired

Total Funding

$269M in 9 rounds

Latest Funding Round

Series E, Dec 05, 2017, Undisclosed

Investors

Greylock Partners & 24 more

Ranked

2^nd among 1083 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

3,202 as on May 31, 2026

Investment & Acquisitions

Boundless & 6 more

Similar Companies

Airwallex & 340 more

Exit Details

Acquired by Nuvei (Jun 15, 2026)

View Payoneer's full profile

Payoneer is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAYONEER INDIA COMMERCE LLP CIN: AAP-1749 , India, Active	May 03, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
Payoneer Inc. CIN: 35-2254039 , United States, Active		-	2407 (As on Dec 31, 2024)	-
PAYONEER AUSTRALIA PTY LTD CIN: 621926501 , Australia, Active	Sep 25, 2017	-	-
PAYONEER SINGAPORE PRIVATE LIMITED CIN: 202025531H , Singapore, Active	Aug 23, 2020	-	-
PAYONEER PAYMENT SERVICES (UK) LIMITED CIN: 12029160 , United Kingdom, Active	Jun 02, 2019	-	-
PAYONEER GLOBAL INC. CIN: 1845815 , United States, Active	Jan 28, 2021	$1B+ (As on Dec 31, 2025)	-	-

Payoneer got acquired by Nuvei on Jun 15, 2026 at an acquisition amount of $*****.

Click here to take a look at Payoneer's acquisition in detail

Payoneer has raised a total funding of $269M over 9 rounds. Its first funding round was on 2005. Its latest funding round was a Series E round on Dec 05, 2017 for an undisclosed amount. 3 investors participated in its latest round. Payoneer has 24 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Payoneer:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 05, 2017	Undisclosed	Series E	-	-	CBC Capital	TCV, W Capital Partners
Oct 05, 2016	$180M	Series E	-	-	TCV	Susquehanna Growth Equity
Aug 12, 2015	$50M	Series E	-	-	Wellington	Greylock Partners, Susquehanna Growth Equity, Nyca Partners, Ping An Ventures, Viola Ventures

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View details of Payoneer's funding rounds and investors

The founders of Payoneer are Yuval Tal and Ben Yaniv Chechik. Iris Shkedy is the CEO of Payoneer.

Here are the details of Payoneer's key team members:

Yuval Tal: Former Co-Founder of Payoneer and founder of 2 other companies, HIVE and Public. They are also an angel investor in 9 startups.
Contact Info: 1 email address
Ben Yaniv Chechik: Co-Founder & Cto of Payoneer.

View details of Payoneer's Founder profiles and Board Members

Payoneer's employee count trend

Payoneer has 3,202 employees as of May 26. Here is Payoneer's employee count trend over the years:

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Top competitors of Payoneer include Wise, Remitly and Airwallex. Here is the list of Top 10 competitors of Payoneer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wise 2011, Shoreditch (United Kingdom), Public	Provider of international money transfer and multi-currency	$1.03B	Lone Pine Capital, Valar Ventures & 120 others	87/100
2nd	Payoneer 2005, New York City (United States), Acquired	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	Sprout Capital Partners, TCV & 23 others	85/100
3rd	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 39 others	84/100
4th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 49 others	82/100
5th	Ebury 2009, London (United Kingdom), Acquired	Provider of global payment solutions, currency risk management, and business lending	$374M	Vitruvian Partners, 83NORTH & 17 others	79/100
6th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Insight Partners, GGV Capital & 19 others	77/100
7th	Venmo 2009, New York City (United States), Acquired	Provider of a platform for sending and receiving payments between users	$1.3M	RRE Ventures, Greycroft & 8 others	76/100
8th	Xoom 2001, San Francisco (United States), Acquired	Provider of online service for international money transfers, bill payments	$106M	Fidelity Ventures, DAG Ventures & 12 others	75/100
9th	Remessa Online 2016, Sao Paulo (Brazil), Acquired	Provider of international money transfer services for individuals and businesses	$21.5M	Kaszek, Bewater Ventures & 4 others	73/100
10th	Kadmos 2021, Germany, Acquired	Provider of a platform for managing and automating international salary payments	$38.9M	Addition, Blossom Capital & 21 others	73/100

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Looking for more details on Payoneer's competitors? Click here to see the top ones

Payoneer has made 2 investments in companies including Ubyx and Periapt. Payoneer has also acquired 5 companies including Boundless and Skuad.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 20, 2026	Acquisition	Boundless	2019	Dublin (Ireland)
Jun 17, 2025	Investments	Ubyx	2025	Wilmington (United States)
Aug 07, 2024	Acquisition	Skuad	2019	Singapore (Singapore)