A US-based cross-border funds firm, Payoneer integrates Citi’s blockchain expertise to assist intra-company transfers 24-hour workdays. The mixing makes use of metropolis token providers, tokenized liquidity and fee platforms.
Bea Ordonez, CFO, Payoneer, Supply: LinkedIn
This enables Payoneer to maneuver funds between taking part branches and international forex accounts with greater velocity, automation and transparency. The system goals to supply quick liquidity and enhance monetary effectivity via blockchain integration with APIs and current fee techniques.
“Blockchain-based infrastructure will assist earn cash international and metropolis token providers acquire the flexibility to maneuver cash throughout borders in actual time, offering a sooner, extra environment friendly expertise for our prospects.”
You would possibly suppose it is humorous on FinanceMagnates.com: Payoneer raises $180 million to broaden its cross-border fee platform
Regulatory approval in main markets
This transfer is a part of Payoneer’s technique to broaden international operations. In August 2023, Payoneer Singapore, a subsidiary of Payoneer International, obtained a serious fee company license from the Singapore Financial Authority.
Payoneer and Citi are partnering to create a blockchain-based monetary infrastructure that permits 24/7 monetary operations. This innovation is geared toward enhancing real-time international funds and liquidity administration. #BlockChain #DLT #ReaSury #Funds pic.twitter.com/jyhlzayar
-nemertec (@nemertec) August 13, 2025
The license permits the corporate to supply cross-border transfers, digital cash issuance and service provider acquisition providers in Singapore for small and medium-sized companies.
In February 2023, Payoneer introduced that Payoneer Cost Providers UK Ltd.
NASDAQ will debut after a $3.3 billion deal
Beforehand, in 2021, Payoneer was revealed to NASDAQ via a merger with FTAC Olympus Acquisition Corp, valued at roughly $3.3 billion. The deal included $563 million in funds, partially, from non-public buyers.
When buying and selling below the ticker “Payo.o,” the corporate was aiming to broaden its investments and acquisitions around the globe. On the time, Payoneer projected income of $432 million, reflecting post-pandemic development, ranging from $94.7 million in 2020.
