The financial technology sector is seeming more and more like a full and legitimate industry, with two name brand firms merging.
Online payments company Payoneer has acquired Armor Payments, a B2B payments provider offering the first Escrow-as-a-Service (EaaS) payment service.
Consulting firm Deloitte said that Payoneer, one of the leading payment companies, is one of the fastest growing companies in North America right now.
On November 4, Payoneer in a press release announced that Amazon has selected its international payment system to expand their cross-border payment options to sellers in 24 selected countries.
US based leading online retailer Newegg announced that it has selected Payoneer for facilitating its cross-border business-to-business payments.
The leading online payment and card service provider Payoneer announced that they have managed to secure an additional $50 million investment in Series E Funding.
Online payment services company Payoneer and e-commerce company Teespring are partnering to expand payment options in emerging markets.
Digital River has partnered with Payoneer to provide merchants more options for facilitating seamless international payments.
Payoneer is adding new leadership, and investment, to fuel its payments play.
Scott Galit, CEO at Payoneer, tells us what it's like to build a global network, working with Airbnb and MasterCard, and the need for new players in payments.