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Payoneer Lands $25 Million Series D Funding Round Led by Susquehanna Growth Equity


Cross border payments company, Payoneer, whose aim it is to simplify global commerce, announced yesterday that it received a $25 million boost.

The funding round was led by new investor Susquehanna Growth Equity. Existing investors also contributed:

    • Carmel Ventures
    • Greylock IL
    • Vintage Venture Partners

The New York-based company plans to use the funds to:

    • Accelerate its product roadmap
    • Expand into new verticals and markets
    • Increase sales and marketing investments
    • More actively pursue acquisitions

Prior to this round, Payoneer received $8 million in Series B, $4 million in Series A, and $2 million in Seed funding. Combined, this brings the company’s total funding to $39 million.

Check out Payoneer’s live demo video from FinovateAsia 2013.