{"id":69503,"date":"2025-05-03T07:46:00","date_gmt":"2025-05-02T23:46:00","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=69503"},"modified":"2025-04-30T09:48:21","modified_gmt":"2025-04-30T01:48:21","slug":"payoneer-celebrates-20-years-of-powering-global-trade","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2025\/05\/03\/payoneer-celebrates-20-years-of-powering-global-trade\/","title":{"rendered":"Payoneer celebrates 20 years of powering global trade"},"content":{"rendered":"\n

Payoneer<\/a> celebrates two decades of transformation, innovation and the entrepreneurs that embody ambition that transcends border and boundaries. <\/strong><\/p>\n\n\n\n

Payoneer has become a force in enabling millions of businesses and entrepreneurs to thrive in the global economy, delivering record-breaking volume and revenue in 2024, and with a strategy to expand, innovate and lead the dynamism of cross-border trade.\u00a0<\/p>\n\n\n\n

20 Years of Global Impact and Innovation<\/strong><\/p>\n\n\n\n

Since its founding in 2005, Payoneer has been at the forefront of powering borderless trade, expanding from a mass payout solution into a comprehensive financial stack that fuels global commerce across industries, markets, and over 7,000 trade corridors. <\/p>\n\n\n\n

In 2024, Payoneer powered annual transaction volume of $80 billion, helping millions of businesses worldwide to scale faster and more efficiently. The company\u2019s recent acquisition of Skuad, a global workforce and payroll management platform, is another significant step in its mission to provide an end-to-end stack of financial services and tools that enables businesses to grow seamlessly across borders.<\/p>\n\n\n\n

Strengthening Entrepreneurship: Payoneer Partners with Endeavor<\/strong><\/h3>\n\n\n\n

As part of its commitment to empowering entrepreneurs to shape industries and drive global economic growth, Payoneer \u2013 through the Payoneer Foundation \u2013 is investing $2 million over the next three years to support Endeavor, the Global Network of Trust of, by and for entrepreneurs. This first-of-its-kind partnership will support Endeavor\u2019s new Organizational Growth Program, designed to accelerate the scale and impact of its global network of 2,900 entrepreneurs. This includes Endeavor\u2019s elite Outliers \u2013 its fastest-growing, high-impact companies with median revenues close to $100 million and $42 billion raised in the past three years. In 2024 alone, Endeavor Entrepreneurs generated $88.5 billion in annual revenue and created over 4 million jobs across 45 countries.<\/p>\n\n\n\n

\u201cFor 20 years, Payoneer has been helping businesses turn ambition into achievement, wherever they are in the world,\u201d said Nagesh Devata, Senior Vice President for Asia Pacific at Payoneer. \u201cEntrepreneurs and small businesses around the world are leading the next chapter of global commerce. Payoneer\u2019s global licenses, local expertise, and strong ecosystem relationships position us to continue to power trade from anywhere to everywhere, and lead the industry. Our partnership with Endeavor strengthens our mission to empower entrepreneurs and drive global commerce, reinforcing an environment of trust and opportunity across borders.\u201d<\/p>\n\n\n\n

\u201cAt Endeavor, we believe the best way to build thriving entrepreneurial ecosystems is by backing ambitious founders building great businesses in overlooked places around the world,\u201d said Linda Rottenberg, Co-founder and CEO of Endeavor. \u201cWhen we support a founder in an emerging market, we don\u2019t just fuel one company, we unlock their Multiplier Effect™, empowering them to train, mentor, and invest in the next generation. That\u2019s why we\u2019re especially thrilled to partner with Payoneer to help entrepreneurs around the world unlock their potential and reshape global entrepreneurship.\u201d<\/p>\n\n\n\n

A Global Celebration of Ambition Without Borders<\/strong><\/h3>\n\n\n\n

To mark its 20th anniversary today, Payoneer is hosting a landmark event in New York City.  By connecting entrepreneurs, partners, and industry leaders from different geographies, the event\u2014like globalization, will be a catalyst for creativity, knowledge exchange, and solutions to pressing global business challenges as they scale in today\u2019s environment. The celebration will feature:<\/p>\n\n\n\n

    \n
  • A fireside chat featuring Payoneer leadership, past and present, reflecting on two decades of empowering global trade and looking ahead to the future of cross-border commerce in an increasingly interconnected world.<\/li>\n\n\n\n
  • Ambition Hackathon NYC, where 20 select borderless Payoneer customers will present their growth challenges. Teams of Payoneer employees, partners, and industry innovators will collaborate to create actionable, impactful solutions.<\/li>\n\n\n\n
  • The Nasdaq closing bell ceremony, commemorating Payoneer\u2019s 20-year journey and its role in shaping global business and cross-border trade.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

    Payoneer has become a force in enabling millions of businesses and entrepreneurs to thrive in the global economy, delivering record-breaking volume and revenue in 2024, and with a strategy to expand, innovate and lead the dynamism of cross-border trade.\u00a0<\/p>\n","protected":false},"author":6,"featured_media":69504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[5896,96,2727,1656],"class_list":["post-69503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-payoneer","tag-technology","tag-technology-adaption","tag-technology-investment"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/69503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=69503"}],"version-history":[{"count":1,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/69503\/revisions"}],"predecessor-version":[{"id":69505,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/69503\/revisions\/69505"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/69504"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=69503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=69503"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=69503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}