Payoneer is a cross-border payments company built for businesses that sell or work internationally but sit outside the usual banking corridors. A seller in Shenzhen paid by Amazon US, or a developer in Manila paid by a client in Texas, can receive funds into a Payoneer account, hold several currencies, withdraw locally or pay suppliers. The company processed $87.5 billion in 2025, employed about 2,540 people (roughly half in Israel) and is headquartered in New York. Nuvei agreed to acquire it in 2026. The company is headquartered in New York City, New York. Payoneer was founded in 2005 in New York City by Israeli entrepreneur Yuval Tal to enable cross-border digital payments and global freelance commerce, growing into a financial services titan facilitating tens of billions in international merchant transactions.
Payoneer makes money in three main ways. First, transaction fees: it charges for receiving marketplace payouts, for B2B payments between businesses, for currency conversion and withdrawals, and for card spending. Second, interest income: it earns a yield on customer balances it holds at partner banks (about $7.9 billion in customer funds at the end of 2025). Third, smaller lines such as working-capital advances to sellers and Skuad's global employment (EOR) services. In 2025, revenue excluding interest income was $821 million, up 14%, while total revenue reached $1.05 billion, so interest made up roughly a fifth of the total. Management has steered growth toward direct B2B customers, whose revenue rose 28% in 2025, because they pay higher take rates than large marketplace payout programs.