Through its acquisition of Easylink Payment, Payoneer becomes the third foreign payment platform licensed to provide online payment services in China
Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced it has completed its previously announced acquisition of a licensed China-based payment service provider, Easylink Payment Co., Ltd.
“We serve a diverse range of companies in China, allowing them to grow their business globally,” says John Caplan, CEO of Payoneer. “We are honored to be a licensed payment service provider in China. Our acquisition strengthens our global regulatory infrastructure and positions us to better serve those customers with enhanced and localized products and services.”
Catch more Fintech Insights : What’s Shaping the Future of Digital Lending? Key Trends to Watch
Payoneer is the financial technology company empowering the world’s small and medium-sized businesses to transact, do business, and grow globally. Payoneer was founded in 2005 with the belief that talent is equally distributed, but opportunity is not. It is our mission to enable any entrepreneur and business anywhere to participate and succeed in an increasingly digital global economy. Since our founding, we have built a global financial stack that removes barriers and simplifies cross-border commerce. We make it easier for millions of SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid, manage their funds across multiple currencies, and grow their businesses.
Read More on Fintech : What to Expect from Modern Spend Management: Finance Leaders Speak Out
[To share your insights with us, please write to psen@itechseries.com ]
