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Payoneer opens local office in the UK

Wednesday 21 June 2017 14:28 CET | News

Payoneer, a US-based B2B online payments service provider, has opened a new office in London, to help UK businesses expand beyond the EU.

Due to Brexit, many UK businesses are interested about new markets, like the US, Asia and Latin America. Payoneer tries to help these businesses expand and capitalize on opportunities in the new global digital economy.

British merchants are selling on international marketplaces such as Amazon, Wish and Tophatter in the US, Cdiscount in France and Lazada in South East Asia. Therefore, the company aspires to exploit the fact that the UK has an important presence on the international market, with trade exports reaching out GBP 31.4 billion in March 2017, a 27% increase from the same period of 2016, according to the company’s press release. 


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Keywords: Payoneer, UK, US, B2B, online payments, supply chain finance, EU, Brexit, market, digital economy
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech






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