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Payoneer Raises $180 Million

Posted on the 05 October 2016 by Worldwide @thedomains

Payoneer recently got into the escrow business to challenge front runner Escrow.com.

Elliot did an interview with Scott Reynolds, President, Payoneer Escrow.

Venture Beat is reporting this morning they just raised $180 million.

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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