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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 Incorporated. 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 provided an additional $4 million in funding in 2007. It was also funded by Carmel Ventures, Crossbar Capital, Ping An, 83North, Wellington Management, Susquehanna Growth Equity and Nyca Partners . Payoneer’s services are looked at by small and medium enterprises looking to connect to Payoneer’s trading partners. Payoneer account holders can receive funds into their bank account or e-wallet, or via a re-loadable prepaid debit card ( MasterCard) that can be used at points-of-purchase. The platform offers its services with a low currency conversion fee. Payoneer has about three mill...