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Payoneer Completes Acquisition of a Licensed China-Based Payment Service Provider
Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced it has completed its previously announced acquisition of a licensed China-based payment service provider, Easylink Payment Co., Ltd.
“We serve a diverse range of companies in China, allowing them to grow their business globally,” says John Caplan, CEO of Payoneer. “We are honored to be a licensed payment service provider in China. Our acquisition strengthens our global regulatory infrastructure and positions us to better serve those customers with enhanced and localized products and services.”
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