• B2B payment service Payoneer acquires escrow-as-a-service platform Armor Payments

    B2B payment service Payoneer acquires escrow-as-a-service platform Armor Payments

    Payoneer helps businesses and B2B marketplaces move money across borders. It’s one of the biggest companies in this space; its customers include the likes of Amazon, Fiverr, Airbnb, Upwork and Taboola. Today, the company announced it has acquired Armor Payments, a digital escrow-as-a-service solution that aims to make B2B payments more secure. There is an obvious synergy between… Read More

  • Processing $500 Million A Year, Payoneer Launches Local Money Transfers

    If you’re a professional affiliate, buying traffic, getting paid, then turning around and buying traffic right back up again is your modus operandi. The ability to turn around and re-buy traffic as quickly as possible is the part where revenue generation can take a big hit. The challenge for affiliates is getting liquid access to their earnings. Easier said than done though. It’s… Read More

  • Need Help Selecting a Payment Processor? Look No Further Than Payments-R-Us

    The irony is that many get pretty far down the development path before realizing that adding billing infrastructure to their offering may not be as simple as integrating with PayPal’s API or some other payment processor. Choosing the right processor, and many times, processors, from a confusing multi-layered vendor ecosystem can be tricky. Poor decision-making when it comes to issues such… Read More

  • Israel Makes Strong TC50 Showing

    Israel seems to be the country with the single biggest foreign contingent at TC50 with no less than 6 of the 50 companies presenting on stage. Some more Israeli startups can be found in the demo pit, the exhibition space and just walking around the venue floor shopping for investors, customers and partners. Here is a round-up of the 6 Israeli companies that presented on stage: Read More

  • Payoneer Raises $8 million Series B From Greylock And Carmel

    When Paypal competitor Payoneer has raised $8 million in a Series B financing from Greylock and Carmel ventures. That brings the total the company has raised to $14 million. (Greylock led the Series A). Payoneer’s advantage over Paypal in the micro-payments arena is that it makes international payments easier by not requiring a bank account for verification. Websites like iStockPhoto… Read More

  • Payoneer's Virtual US Bank Accounts Make International Cash Out Easier

    When I last covered payment service provider Payoneer, the company had announced the collection of $3 million more in funding and the addition of iStockPhoto to its client roster. Today, the company is announcing the initial rollout of “Payoneer Virtual US Account,” a new offering that simplifies payment cash out for international payees. The new offering allows Payoneer card… Read More

  • Payoneer Collects $3M from Greylock, Signs-up iStockphoto

    This is an especially good week for payment service provider Payoneer which is announcing it has received the remaining $3M of a $4M Greylock investment , and a new deal with iStockphoto. Payoneer offers Web-based businesses a method to pay their members/users/partners by way of prepaid debit cards. The fully-functioning debit MasterCards are issued to payees worldwide and can be used online… Read More