Payoneer is excited to announce further global expansion with a new office in Dublin, Ireland!
We’re proud to bring you this news together with the Central Bank of Ireland (CBI), authorizing our Dublin entity as an Electronic Money Institution. This new establishment demonstrates our commitment to being a reliable, secure and convenient partner for businesses all over the world.
With a new hub in Dublin, we will continue to ensure that customers are able to seamlessly continue business operations in the European Economic Area (EEA) following Brexit. In fact, Ireland is home to about 25 payment companies, with Payoneer being only the 12th company to be granted this license!
Furthermore, this new license will support many small businesses across Europe that sell goods and services worldwide.
With this investment, we’re able to continue to support the growth of our customers from around the globe, keeping cross-border commerce flowing smoothly, regardless of the regulatory changes triggered by Brexit. We’re very grateful to the CBI for their guidance and assistance in granting the new license and to IDA Ireland for its support. – Scott Galit, CEO Payoneer
The new Dublin office will be led by Payoneer’s previous Head of Asia Pacific, Patrick de Courcy who has over 20 years of expertise in global banking and regulatory infrastructure.
We’re delighted to launch in Dublin and join the growing number of e-Money and payment institutions established here. Ireland has a credible and experienced regulator in the CBI and provides access to a sophisticated financial services ecosystem. – Patrick de Courcy, Head of Asia Pacific Payoneer
We wish Patrick and the team the best of luck in Dublin as we continue to help global businesses in the EU reach new heights!