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Online Payment, International Money Transfer and Prepaid Debit Cards
Founded 2005
Headquarters New York, NY United States
Key people
Scott Galit, CEO

Payoneer is a financial services business that provides online money transfer and e-commerce payment services. Payoneer is a registered Member Service Provider (MSP) of MasterCard worldwide. The company is headquartered in New York City.


Payoneer was founded in 2005 with $2 million in seed funding from then-CEO Yuval Tal and other private investors. Israeli venture capitalist firm Greylock Partners[1] provided an additional $4 million in funding in 2007.[2].

Payoneer receives over 150,000 applications each month from small and medium enterprises looking to connect to their trading partners.[3] The company's website has become one of the 2,000 most trafficked websites per Alexa,[4]


In March 2016, Payoneer acquired Armor Payments, an internet escrow company.[5]


  1. ^ Agarwal, Meha (30 Jun 2016). "New York Based Payments Platform Payoneer Re-Enters Indian Market". Inc42. 
  2. ^ Carthy, Roi (October 22, 2007). "Payoneer Collects $3M from Greylock, Signs-Up iStockphoto". TechCrunch. Retrieved March 29, 2014. 
  3. ^ Peyton, Antony (15 Mar 2016). "Payoneer acquires Armor Payments to create global alternative to LCs". Banking Technology. 
  4. ^ Alexa Ratings. "Current Alexa rank - 1,174". 
  5. ^ B2B payment service Payoneer acquires escrow-as-a-service platform Armor Payments, TechCrunch, March 15, 2016

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