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  5. Payoneer Acquires PayEco

M&A Deal Summary

Payoneer Acquires PayEco

On April 9, 2025, Payoneer acquired information technology company PayEco

Acquisition Highlights
  • This is Payoneer’s 3rd transaction in the Information Technology sector.
  • This is Payoneer’s 1st transaction in China.

M&A Deal Summary
Date 2025-04-09
Target PayEco
Sector Information Technology
Buyer(s) Payoneer
Deal Type Add-on Acquisition

Target

PayEco

Guangzhou, China
PayEco is a third-party payment service provider that helps Cross-border E-commerce (e.g. Agoda, Wish.com etc.) achieve their goals in e-commerce. PayEco is headquartered in Guangzhou, China.

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Buyer(S) 1

Buyer

Payoneer

New York, New York, United States
Category Company
Founded 2005
Sector Financial Services
Employees2,407
Revenue 978M USD (2024)
DESCRIPTION

Payoneer is a provider of online payment services. Payoneer’s solutions allow global internet companies, marketplaces and corporations to accelerate their growth by reducing the cost and friction that exists in traditional cross-border payment services. Payoneer was established in 2005 and is based in New York, New York.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: China M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-03 Spott

Tel Aviv, Israel

Spott provides a real-time data platform that uses AI to accurately surface, assess, and quantify data for more informed and faster business decision-making. Spott is based in Tel Aviv, Israel.

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