Payoneer Secured Its Place in the Deloitte’s Technology Fast 500 List for the Fourth Time

Consulting firm Deloitte said that Payoneer, one of the leading payment companies, is one of the fastest growing companies in North America right now. Besides, it also received a placement on the Deloitte’s Technology Fast 500™ list.

Deloitte’s Technology Fast 500™ ranks fastest growing companies in North America who are involved in the technology, media, telecommunications, life sciences and energy technology sectors. The companies are selected based on last three year’s top line percentage growth. Payoneer’s revenue growth from 2011 – 2014 periods helped secure its place in the list this year.

Commenting on the news, the Chief Executive Officer of Payoneer, Scott Galit, said in a press statement that “As the category leader in the cross-border B2B space, we’re delighted to once again be recognized for the connections we’re making between businesses, professionals, countries and currencies.”

“Payoneer has consistently grown at a rapid rate because we are using technology to change the way businesses are able to transact across borders with their trading partners. We’re constantly creating new partnerships and connections for our customers that enable us to offer a unique global payments platform that empowers marketplaces, corporations and SMEs worldwide to sell more goods and services across borders, regardless of where they’re located around the globe,” he added.

On the other hand, Sandra Shirai, principal, Deloitte Consulting LLP, said that Payoneer is using technology to disrupt the payment industry. “Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” he mentioned in the press release.

This is the fourth time Payoneer has managed to get its name on the Deloitte’s Technology Fast 500™ list, which makes the company a part of only 12% of the elite companies in America over the 21-year history of the listing.