Payoneer, a US-based cross-border funds firm, is integrating Citi’s blockchain know-how to help real-time, round the clock intracompany cash transfers. The combination makes use of Citi Token Providers, a tokenized liquidity and fee platform.
Bea Ordonez, CFO, Payoneer, Supply: LinkedIn
This enables Payoneer to maneuver funds between its world accounts in collaborating branches and currencies with larger velocity, automation, and transparency. The system supplies instantaneous liquidity and goals to enhance treasury effectivity by means of API and blockchain integration with present funds techniques.
“Blockchain-based infrastructure is reworking how cash strikes globally and with Citi Token Providers, we achieve the flexibility to maneuver cash in actual time throughout borders, delivering a sooner, extra environment friendly expertise for our clients,” Bea Ordonez, CFO, Payoneer, commented.
You could discover it attention-grabbing at FinanceMagnates.com: Payoneer Raises $180 Million to Develop its Cross-Border Funds Platform
Regulatory Approvals in Key Markets
The transfer is a part of Payoneer’s technique to develop its world operations. In August 2023, Payoneer Singapore, a subsidiary of Payoneer International, acquired a Main Cost Establishment license from the Financial Authority of Singapore.
Payoneer and Citi have partnered to create a blockchain-based monetary infrastructure enabling 24/7 treasury operations. This innovation goals to boost real-time world funds and liquidity administration. #Blockchain #DLT #treasury #funds pic.twitter.com/JyHhlzAYAr
— Nemertec (@nemertec) August 13, 2025
The license permits the corporate to supply cross-border transfers, e-money issuance, and service provider acquisition providers in Singapore, concentrating on small and medium-sized enterprises.
In February 2023, Payoneer additionally secured an Digital Cash Establishment license from the UK’s Monetary Conduct Authority by means of Payoneer Cost Providers UK Ltd.
Nasdaq Debut After $3.3 Billion Deal
Earlier, in 2021, Payoneer went public on Nasdaq by means of a merger with FTAC Olympus Acquisition Corp, valued at round $3.3 billion. The deal included $563 million in funding, partly from personal buyers.
Buying and selling below the ticker ‘PAYO.O’, the corporate aimed to develop investments and acquisitions globally. On the time, Payoneer projected $432 million in income, up from $94.7 million in 2020, reflecting progress after the pandemic.
