Payoneer, Mastercard partner to offer digital solutions to SMBs

The service streamlines how SMBs use their earnings.

Financial services company Payoneer has teamed up with Mastercard to better meet the needs of small and medium-sized businesses (SMBs) and the business-to-business (B2B) market.

Through the Payoneer Digital Purchasing Mastercard, SMBs can streamline the way they use their earnings to invest back into growing their business, bringing value to digital marketplaces and platforms.

The service is tailor-made for SMBs, e-commerce sellers, and freelancers worldwide.

“Our global customer base can pay for online advertising and other digital services, as well as have another way to pay suppliers. We are very excited to partner with Mastercard as we expand our global offerings, providing our marketplaces and SMBs the best solution available,” Payoneer's chief strategy officer Charles Rosenblatt said.

The partnership comes after Payoneer announced that it will be going public through a special purpose acquisition company transaction, which assigns it a pro-forma implied enterprise value of approximately $3.3b upon consummation.

Mastercard will provide Payoneer with access to new products and benefits to better meet the needs of their customers, and Mastercard will benefit from Payoneer’s global B2B footprint, gaining access to the company’s ecosystem of more than five million businesses.

“We have been laser-focused on enabling faster, more convenient, and secure digital payments to address the evolving needs of businesses and consumers alike,” Mastercard executive vice president Sherri Haymond said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia