Join Us at The Virtual FinTech Nations Hackathon: A New World of Finance Possibilities

Payoneer is excited to be one of the partners for this year’s FinTech Nations Summit, the online event for all FinTech enthusiasts!

The Fintech Hackathon is all about finding solutions to challenges banks currently have on their platforms and services and will be joined by industry experts, VC firms and up and coming startups.

Join us live on March 12^th  as our very own General Manager Enterprise, Adam Cohen and Senior Director of Business Growth & Working Capital, Daphna Beer Gabel Rubin, discuss Payoneer for marketplaces and how cross-border sellers can grow their business with our working capital solution.

Below are some key takeaways from both sessions that you can catch when you join!

Financial Services For Marketplaces

 

 

 

 

 

 

 

What are the trends we’re seeing on today’s leading global online marketplaces and how can a payments solution like Payoneer help? In Adam’s session, we dive deeper into these marketplaces as well as the financial services Payoneer can offer them. Here is just a small part of Adam’s insightful session…

• Today’s online marketplaces continue to innovate and even create additional verticals.
• Amazon currently accounts for 40% market share in the U.S. alone and is dominating the eCommerce industry.
• Walmart has been developing its marketplace incredibly quickly with 90% of the brand’s catalogue being offered by third-party sellers.

Payoneer’s Capital Advance

 

 

 

 

 

 

 

 

 

In Daphna’s session, you’ll learn about the cash flow challenges that global sellers typically face, how the global pandemic has impacted the eCommerce industry and how Payoneer continues to address the needs of online sellers through our working capital solution. Here are just some key insights…

• Demand for working capital from SMBs is on the rise but many find themselves underserved and therefore, end up using personal funds.
• 61% of businesses struggle with cash flow and 1 out of 3 new small businesses fail due to a lack of cash.
• As a result of COVID-19, SMBs were forced to adjust their business models. In addition, SMBs were done with the outdated lending process, ones that still rely on paper and instead, were looking for alternative lenders with cutting-edge technology capabilities.

To learn more about today’s trending marketplaces and how cross-border sellers are benefiting from Payoneer’s Capital Advance, register for the FinTech Nations Hackathon now!

Register now