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Payoneer: Acquires optile To Bolster Payment Technology

Payoneer: Acquires optile To Bolster Payment Technology

  • Payoneer set to acquire the Germany-based open payment orchestration platform optile
  • optile’s orchestration platform developed for global ventures to quickly expand to additional markets
  • Founded in 2010, optile streamlines payment acceptance processes for sellers across the globe
  • optile’s orchestration platform also gives sellers cloud-based authority and latitude for outlining and guiding their payment setup
  • optile’s 75-person workforce also will maintain its function as a free-standing body within Payoneer
  • In October, Payoneer also introduced a new cross-border service that included functionality for SMBs

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