Payoneer Overview
Payoneer "markets, manages and services prepaid MasterCard cards." Anyone 13 years or older can get a card, by filling out a form online. Payoneer works together with the First Bank of Delaware to issue and process our cards.
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 2005 | Seed | 2M | Unknown | |
| 2007 | Series A | 4M | Unknown | |
| 07/2008 | Series B | 8M | Unknown |
Products
| Name: | Payoneer |
| Product URL: | http://www.payoneer.com/ |
| Description: | Payoneer is a provider of Prepaid MasterCards that are managed entirely online. The cards can be used by individuals, and by participating e-commerce websites that offer payouts to their users. A Prepaid MasterCard is not a credit card, although it can be used like one, up to the amount of funds already "loaded" on the card. It is also not a debit card, which "debits" from an existing checking account; a checking account is not needed to get or use a Prepaid MasterCard. |
| Screenshots: |
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02/08/2010 11:27AM by txvia
User Opinions
Bulls vs. Bears (3)
| Bullish Opinions (2) | Author/Date | Do you agree? | |
|---|---|---|---|
|
interesting new option for parents giving their kids money |
irpip 07/25/2008 |
100% 1 vote 1 0% 0 |
|
|
Prepaid cards are growing in popularity |
sherr 07/25/2008 |
100% 2 votes 2 0% 0 |
|
| Bearish Opinions (1) | Author/Date | Do you agree? | |
|---|---|---|---|
|
There is growing competition in the prepaid card space |
yoda 07/25/2008 |
100% 1 vote 1 0% 0 |
|
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