Payoneer Raises $50M In Series E Funding

August 16, 2015 | The online payments company Payoneer announced that it raised $50 million in Series E funding in a round led by Wellington Management Company. Existing investor Susquehanna Growth Equity also participated in the round. Shares were purchased from existing investors, though all major shareholders in the company retained their holdings. Payoneer was founded in 2005 by Ben Yaniv Chechik and Yuval Tal.