NEW YORK, October 29, 2014 /PRNewswire/ --

• Payoneer's unique cross-border payment platform continues to attract top industry leaders 
• De Courcy will drive Payoneer's continued growth in the Asia Pacific region    

Payoneer Inc., a leading online payments company transforming the way businesses and professionals send and receive cross-border payments, is appointing Patrick de Courcy, former deputy Chief Executive of Asia Pacific at SWIFT, as Payoneer's Head of Asia Pacific.

Mr. de Courcy spent more than 20 years at SWIFT, holding numerous positions at the company, including finance, product management, marketing and sales roles. At SWIFT in Hong Kong, de Courcy was responsible for developing the company's customer segments in Asia Pacific markets. He has extensive experience in the Asia Pacific region and expertise in global payments, B2B trade and global banking.

In his new role at Payoneer, de Courcy is based in Hong Kong and leads business activities in Asia Pacific markets, collaborating with the Payoneer team globally. He will drive Payoneer's business in the region by establishing partnerships, developing and implementing new focused strategies, and building out the Payoneer team.

"We're thrilled Patrick is joining Payoneer to help us continue to grow our business in Asia Pacific," said Scott Galit, CEO of Payoneer. "Payoneer supports significant business activity in the region and has already established important partnerships with major regional players. To continue to build on this strong momentum and capitalize on the significant opportunity in the region, we were fortunate to find an executive with Patrick's knowledge of the region and the financial services industry as a whole to help us build our business."

Payoneer has strong traction in the Asia Pacific region. The company recently announced a strategic investment from Ping An Group, a leading integrated Chinese financial services provider and the largest non-state-owned enterprise in China. In January the company partnered with Quantium Solutions Inc. of Japan, a subsidiary of Singapore Post, to combine Payoneer's global payments services with Quantium's international logistics services for Japanese merchants.

"In 20 years at SWIFT, I've seen the way international business has changed dramatically, and the way money moves around needs to adapt to those changes," said de Courcy. "Payoneer's leadership in improving cross-border payments for international businesses is clear. Payoneer has made amazing strides in Asia Pacific markets, and I'm looking forward to helping the company continue to build on that momentum in the region."

About Payoneer 

Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today's borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Google, Airbnb, Elance-oDesk and Getty Images rely on Payoneer's mass payout services.

With Payoneer's fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000's Financial Services companies. For more information, visit us at http://www.payoneer.com or follow us on Twitter and Facebook.

For additional information:

Beth Kempton, Walker Sands Communications

PR@payoneer.com
+1-312-241-1178

Source: Payoneer Inc.