About Payoneer
Payoneer is a publicly listed company based in New York (United States) founded in 2005 by Yuval Tal, and was acquired by Nuvei in June 2026. It operates as a cross-border payments are enabled for businesses via diverse payout methods. Payoneer has raised $269 million across 9 funding rounds from investors including Nuvei, Temasek and Cohen Circle. The company has 3,313 employees. Payoneer has completed 5 acquisitions, including Armor Payments, Skuad and Spott. Payoneer was last valued at $3.9 billion in December 2024. Its chief executive is John Caplan. Its website payoneer.com draws about 6.3 million monthly visits. Its Indian entity Payoneer India Commerce Llp reported revenue of ₹37.76 Cr. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and B2B Remittance. Its competitors include Tipalti, Ebury, Airwallex, Rapyd and Currencycloud and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Cross-border remittance solution for businesses. It enables businesses and professionals to send and receive cross-border payments using multiple payout options including bank transfers, prepaid debit cards, international wire transfers, and local eWallets. Offers businesses an end-to-end solution to get paid from clients, pay VAT, pay suppliers, and withdraw international earnings into local bank accounts. The application is available on Android and iOS platforms.
- Headquarters New York, United States
- Employees 3,313
- Founders Yuval Tal
- Stage Public
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website payoneer.com
- Social LinkedIn X Facebook YouTube
- Acquired by Nuvei (Jun 2026)
- Legal Name Payoneer Global Inc.
- Annual Revenue₹37.76 Cr
FY 2023 · +55% YoY
- Net Profit₹2.93 Cr
FY 2023 · 8% margin
- EBITDA₹4.70 Cr
FY 2023 · 12% margin
- Total Equity Funding$269M (USD)
in 9 rounds
- InvestorsNuvei
& 21 more
- Employee Count3,313
- Investments & AcquisitionsArmor Payments
& 4 more
- Acquired byNuvei
(Jun 2026)
Associated legal entities of Payoneer
Payoneer operates through Payoneer India Commerce Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Payoneer India Commerce Llp CIN AAP-1749 | Active | 03 May 2019 | Delhi, Delhi | ₹37.8 Cr | 40 | 2 | View details |
Apps and channels of Payoneer
Payoneer publishes 2 mobile apps with over 5M+ downloads; its YouTube channel Payoneer has 79.2K subscribers and 30 videos.
Videos from Payoneer
The most watched videos on Payoneer's YouTube channel, Payoneer (79.2K subscribers). Click a video to play it here.
More on Payoneer.
Funding Insights of Payoneer
Payoneer has successfully raised a total of $269M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $269M
- Total Rounds 9
- First Round $2M
(Jun 2005)
- Investors Count 22
All 9 funding rounds of Payoneer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | – | Series E | – | CBC Capital | |
| Oct 2016 | $180M | Series E | – | TCV | |
| Aug 2015 | $50M | Series E | – | Wellington | |
| Sep 2014 | – | Series D | – | Nyca Partners | – |
| Jun 2014 | – | Series D | – | Ping An Ventures | – |
| Mar 2014 | $25M | Series D | – | Susquehanna Growth Equity | |
| Jul 2008 | $8M | Series B | – | Viola Ventures | |
| Mar 2007 | $4M | Series A | – | Greylock | |
| Jun 2005 | $2M | Angel Round | – | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Payoneer
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $3.9B (Dec 2024). 22 investors in total: 21 institutional and 1 angel.
Investors in Payoneer
Payoneer has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nuvei, Temasek and Cohen Circle.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in TMT & other tech sectors | – | cbc-capital.com | Beijing, China | |
Venture capital is invested in global technology companies by TCV. | – | tcv.com | Menlo Park, United States | |
Investment management firm which invests in direct secondary market | 2001 | wcapgroup.com | New York, United States | |
Private equity firm | – | sgep.com | Bala Cynwyd, United States | |
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | - | |
Tech focused early stage VC firm investing in the US | – | nyca.com | New York, United States | |
Corporate-backed venture capital firm focused on retail tech, mobile tech, and multiple sectors | – | pinganventures.com | Pudong, China | |
Investments in tech startups are managed by Viola Ventures. | – | https://www.viola-group.com/fund/violaventures | Herzliya, Israel | |
Technology investments are managed through venture capital and private equity. | – | vintage-ip.com | Herzliya, Israel | |
Investments are focused on US tech companies by Crossbar Capital. | – | crossbar.com | New York, United States |
Investor details for Payoneer
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Payoneer India Commerce Llp (Payoneer)
Payoneer India Commerce Llp is the primary company behind Payoneer. The board of Payoneer India Commerce Llp currently have 2 directors; the longest-serving is Rohit Mohan Kulkarni, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Mohan Kulkarni DIN 07479007 | Designated Partner | 03 May 2019 | 7 yrs 5 mo | Payoneer India Commerce Llp |
| Beatrice Ordonez DIN 10100417 | Designated Partner | 18 Oct 2024 | 2 yrs | Payoneer India Commerce Llp |
People of Payoneer
437 people are tracked at Payoneer (167 in leadership, 2 in board & advisors, 268 in team); the tracked headcount is 3,313.
| Name | Role | Group |
|---|---|---|
John Caplan | Chief Executive Officer | Leadership |
Yuval Tal | Founder | Leadership |
Leo Zhang | Director Of High Potential Growth CSM & Strategic Initiatives | Leadership |
Guy Kaplan | Product Director - Commercial Products, AP & FX Products | Leadership |
Adam Cohen | Chief Growth Officer | Leadership |
Ron Peres | Vp, Platform Engineering | Leadership |
Bea Ordonez | CFO | Leadership |
Nicole Huie | Director, Finance | Leadership |
Jehonathan Bar | Sr. Director, Head Of Experience Design & Research | Leadership |
Ajit Barik | Head Of Partnerships - APAC & ANZ | Leadership |
Ilona Semah | Senior Director, Strategic Globalization, Budget & Risk | Leadership |
Iris Shkedy | Chief Of Staff To The CEO | Leadership |
Nufar Barak | Head Of Employee Experience | Leadership |
Jaime Gold-Dordik | Director, SEC Reporting And Technical Accounting | Leadership |
Aaron Rossi | Vice President, Global Enterprise | Leadership |
Nurit Vatnik | VP Data | Leadership |
Jennifer Yoon | Senior HR Director, Global People Services Team (global Fintech) | Leadership |
Yael Feldhiem | Director Of Product Management | Leadership |
Sergei Sorin | Director Of Product Management | Leadership |
Gal Benedek | Senior Director Of Product Management | Leadership |
417 more people are available in the full profile.
Complete people profiles for Payoneer
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Payoneer
Payoneer is a publicly listed company on the NASDAQ with ticker symbol PAYO in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Jun 2021
- Listed onNASDAQ: PAYO
- Listed entityPayoneer Global Inc.
- Exchange sectorCommercial services
- ISINUS70451X1046
- Share price$7.15 (+0.42% on the day) · 2026-10-13
- Market capitalisation$2.42B
- Price to earnings51.7
- EPS (diluted, trailing year)$0.14
- Volume (last session)1,032,723
Financials of Payoneer
Figures of Payoneer India Commerce Llp, the primary company behind Payoneer, for FY 2023. Revenue was ₹37.76 Cr (+55% year on year). Net profit was ₹2.93 Cr (8% margin). EBITDA was ₹4.70 Cr (12% margin). Revenue has grown at a compounded annual rate of +49% over three years.
- ₹37.76 CrRevenue · FY 2023 · +55% YoY
- ₹2.93 CrNet profit · 8% margin
- ₹4.70 CrEBITDA · 12% margin
- 40Employees (provident fund records)
- +49%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.05B | $73.2M | $198.6M |
| 2024 | $977.7M | $121.2M | $207.2M |
| 2023 | $831.1M | $93.3M | $125.2M |
| 2022 | $627.6M | -$12.0M | $2.5M |
| 2021 | $473.4M | -$34.0M | -$8.4M |
Balance sheet, profit and loss, cash flow and ratios of Payoneer India Commerce Llp are on its company page.
Detailed financial statements for Payoneer
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Payoneer
Payoneer has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Armor Payments, Skuad and Spott.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Global HR platform automates remote payroll and compliance worldwide. | skuad.io | Singapore | 2019 | Aug 2024 | $61M | |
Online P&C insurance comparison for e-commerce businesses is facilitated. | spottme.com | Tel Aviv, Israel | 2020 | Aug 2023 | •••• | |
API-linked payment gateway with routing solutions | optile.net | Munich, Germany | 2010 | Dec 2019 | •••• | |
B2B escrow payment services are provided to e-commerce businesses. | armorpayments.com | Los Gatos, United States | 2013 | Mar 2016 | •••• | |
HR consulting and payroll management services are provided. | boundlesshq.com | Dublin, Ireland | 2019 | – | •••• |
Complete acquisition details for Payoneer
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Timeline of Payoneer
10 dated milestones of Payoneer across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Payoneer is founded.
- Funding First funding round of $2.0M.
- Acquisition Acquires Armor Payments.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E,.
- Acquisition Acquires optile.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Spott.
- Acquisition Acquires Skuad.
- Exit Acquired by Nuvei.
Competitors of Payoneer
Payoneer has 9 listed competitors in our database, 9 of them funded. They include Tipalti, Ebury, Airwallex, Rapyd and Currencycloud, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| ebury.com | 2009 | London, United Kingdom | $374.12M | 1,057 | Forex risk management and payment solutions are provided for businesses. | |
| airwallex.com | 2015 | Singapore | $1.25B | – | Cross-border payments are processed for businesses via tools and APIs. | |
| rapyd.net | 2016 | London, United Kingdom | $1.01B | – | Global payment solutions are provided by Rapyd to businesses worldwide. | |
| currencycloud.com | 2007 | London, United Kingdom | $186.88M | 97 | Cloud-based payment solutions are provided for cross-border transactions. | |
| flywire.com | 2009 | Boston, United States | $263.2M | 1,250 | Flywire is recognized as a global payments and software expert. | |
| thunes.com | 2016 | Singapore | $362M | – | Cross-border payment infrastructure provider | |
| azafinance.com | 2013 | London, United Kingdom | $41.76M | – | Software for cross-border remittances and forex management is provided. | |
| vertofx.com | 2017 | Palo Alto, United States | $12.1M | 47 | Cross-border payments and foreign exchange solutions are provided to businesses. |
Detailed competitors of Payoneer
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Web traffic of Payoneer
The website of Payoneer (payoneer.com) receives about 6.3M visits a month and ranks #5,599 among all websites worldwide, #359 in Financial Planning and Management.
- Monthly visits6.3M
▼ 7.5% vs previous month
- Unique visitors2M
per month
- Global rank#5,599
among all websites
- Category rank#359
Finance · Financial Planning and Management
- Bounce rate23%
- Pages per visit8.3
- Average visit7 min 22 sec
- DevicesDesktop 62% · Mobile 38%
Websites whose visitors overlap most with Payoneer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| entropay.com | 100% | – | – | View details | |
| tudineroefectivo.com | 100% | – | – | View details | |
| bankfreedom.com | 100% | – | – | View details | |
| obopay.com | 95% | – | – | View details | |
| 2checkout.com | 88% | 693.6K | #68,351 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Payoneer
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Payoneer (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about Payoneer
Complete news archive for Payoneer
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Frequently Asked Questions about Payoneer
Payoneer was founded in 2005.
Payoneer is headquartered in New York, United States. It is registered at New York, New York, United States.
John Caplan is the current CEO of Payoneer.
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 Angel Round of $2M, raised on Jun 2005.
Payoneer has 3,313 employees.
The primary company behind Payoneer, Payoneer India Commerce Llp, reported revenue of ₹37.76 Cr for FY 2023, up 55% year on year.
Cross-border remittance solution for businesses. It enables businesses and professionals to send and receive cross-border payments using multiple payout options including bank transfers, prepaid debit cards, international wire transfers, and local eWallets. Offers businesses an end-to-end solution to get paid from clients, pay VAT, pay suppliers, and withdraw international earnings into local bank accounts. The application is available on Android and iOS platforms.
Yes, Payoneer is publicly traded on NASDAQ under the ticker symbol PAYO.
Payoneer has made 5 acquisitions, including Armor Payments, Skuad, and Spott.
Payoneer has 22 investors. Key investors include Nuvei, Temasek, Cohen Circle, W Capital Partners, and CBC Capital.
The valuation of Payoneer is $3.9B as of Dec 2024.