Deals

Payoneer raises $8M for easy MasterCard payments

If you’re not reaching, engaging, and monetizing customers on mobile, you’re likely losing them to someone else. Register now for the 8th annual MobileBeat, July 13-14, where the best and brightest will be exploring the latest strategies and tactics in the mobile space.

Payoneer, which provides prepaid MasterCards to help businesses with international payments, has raised $8 million in a second round of venture funding. The round was led by Carmel Ventures, with Greylock Partners, Crossbar Capital, Zohar Gilon and others participating.

The New York based startup says its solution — reloadable MasterCards — make it easier for businesses to make mass payments in other countries. Customers include iStockPhoto, oDesk and Elance. Payoneer raised $4 million last year.