Tech Company Financing Transactions

Payoneer Funding Round

Payoneer closed a $8 million Series B funding round on 8/6/2008. Investors included Viola Ventures and Greylock Partners.

Transaction Overview

Company Name
Announced On
8/6/2008
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

Viola Ventures (Lead Investor) (Avi Zeevi)

Greylock Partners (Moshe Mor)

Proceeds Purpose
Funds will be used to accelerate the expansion of Payoneer's payment service offerings and to enhance its technology with advanced compliance tools that bring a new standard of confidence to international payments. Payoneer's offerings simplify the process of making international payments by allowing corporations to pay authorized payees worldwide using prepaid MasterCard cards.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
410 Park Ave. 15th Floor
New York, NY 10022
USA
Email Address
Overview
At Payoneer, a privately-held company, a registered MSP with MasterCard, operated by a team of experienced financial and technology veterans, we understand the need to make payments quickly and easily in today's fast progressing web business environment.
Profile
Payoneer LinkedIn Company Profile
Social Media
Payoneer Company Twitter Account
Company News
Payoneer News
Facebook
Payoneer on Facebook
YouTube
Payoneer on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Yuval Tal
  Yuval Tal LinkedIn Profile  Yuval Tal Twitter Account  Yuval Tal News  Yuval Tal on Facebook


 

 

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Prev: 8/6/2008: Ankeena Networks venture capital transaction
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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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