Payoneer Announces Completion of $50 Million Share Purchase by New and Existing Institutional Investors
Payoneer Inc., a leading online payments company transforming the way businesses send and receive cross-border payments, is announcing that Wellington Management Company has led a $50 million investment in Payoneer. Susquehanna Growth Equity, LLC., an existing shareholder, invested as well. The shares were purchased from existing investors. All major shareholders in Payoneer retained the majority of their holdings.