B2B Payments

Former SWIFT CEO Joins Payoneer Board

Former CEO of SWIFT, Lázaro Campos, has joined Payoneer, an online payments company that focuses on the way technology companies and SMEs send and receive cross-border payments.

“We are thrilled to be able to add an industry leader as credentialed as Lazaro to our Advisory Board,” said Scott Galit, CEO of Payoneer. “His vast experience in cross-border payments and global business expertise are unique, and his input will be instrumental as we continue growing the company.”

During his time as CEO at SWIFT, the company nearly doubled its volume. Campos will work with Payoneer management to develop new products and services to better support its global customer base. Payoneer recently completed a Series D financing round of $25 million, and was selected by Google as a payment partner for Google Trusted Stores.

“I am excited to work with the Payoneer team to empower more businesses around the world by improving the way they pay and get paid for cross-border commercial activity,” said Campos. “This is a vast market with extensive inefficiencies, and Payoneer is filling a large and growing need for simple, cost-effective global payments.”

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

——————————–

Featured PYMNTS Study:

More than 63 percent of merchant service providers (MSPs) want to overhaul their core payment processing systems so they can up their value-added services (VAS) game. It’s tough, though, since many of these systems date back to the pre-digital era. In the January 2020 Optimizing Merchant Services Playbook, PYMNTS unpacks what 200 MSPs say is key to delivering the VAS agenda that is critical to their success.

Click to comment

TRENDING RIGHT NOW