Payoneer Is Said to Hire FT Partners to Explore Deal Options

  • Fintech startup looking at private funding round, acquisitions
  • Payoneer has raised more than $265m from TCV, Viola and others
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Payoneer Inc., which developed a platform to facilitate cross-border payments, hired FT Partners to explore options for expansion, including a private funding round, according to a person familiar with the matter.

The New-York based financial technology startup is considering acquiring smaller companies or raising funds the person said, who spoke on condition of anonymity as the discussions were private.