Payoneer recieves $25 million in round D funding

Online payment solution firm Payoneer has just completed a series D Funding Round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Read this Term for the amount of $25 million.

Susquehanna Growth Equity, LLC, a private equity firm that focuses primarily on Ecommerce and financial companies led the investment alongside current investors Carmel Ventures, Greylock IL and Vintage Venture Partners.

Payoneer offers payment solutions allowing companies to connect with and pay thousands of professionals and small businesses in over 200 countries. Payoneer offers direct bank transfer payment solutions in addition to a loadable prepaid MasterCard. Payoneer has seen a Compounded Annual Growth Rate of over 65% in the past 4 years, and plans on using the new funding to expand into new markets, and improve sales and marketing investments, as well as allow the firm to pursue Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term opportunities.

"This new funding will help us expand our position as the leading provider of payment solutions that connect marketplaces, ecommerce platforms, technology companies, professionals and small business owners from around the world. We are thrilled to welcome Susquehanna Growth Equity as the lead investor in this round and look forward to leveraging their deep industry knowledge and expertise to take Payoneer's growth to the next level. All of our investment partners share our vision to empower global commerce by transforming the way small businesses around the world get paid for selling products and services across borders," said Scott Galit, CEO of Payoneer.

Upon regulatory approval, Amir Goldman, Managing Director of Susquehanna Growth Equity is expected to joins Payoneer’s board of directors.

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