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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.