Payoneer raises $8M for easy MasterCard payments
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.
Payoneer, a payment option aimed at bloggers, raises $4M
Payoneer, a New York company that lets bloggers and others use a prepaid debit MasterCard to save money while making payments abroad, has raised $4 million.
Payoneer claims that that most other forms of payments open to small Internet publishers are too complicated or costly. These publishers often need to make payments to companies that provide them with advertising, for example. A prepaid MasterCard, which does require a few set-up steps, is either cheaper or easier… Continue Reading