Payoneer Welcomes Payments Industry Veteran Neil Platt as Chief Revenue Officer

• Payoneer's unique cross-border payments platform continues to attract top industry leaders
• In his new role, Platt will oversee top-line business growth at Payoneer

New York City - February 26, 2015 - Payoneer Inc., a leading online payments company transforming the way businesses and professionals send and receive cross-border payments, has appointed Neil Platt, former SVP, Payments at Fiserv and EVP of CashEdge, as Chief Revenue Officer
Mr. Platt joins Payoneer with an extensive background in payments. In more than 10 years at CashEdge, he grew the company from a pre-revenue startup to an industry leader, serving most of the large banks in the U.S., including seven of the top 10. After Fiserv (NASDAQ: FISV) acquired CashEdge in 2011, Platt stayed on at Fiserv as SVP, Payments, where he led the integration and roll-out of CashEdge products to thousands of Fiserv clients. Earlier in his career, Platt was a consultant with McKinsey & Company.
In his new role at Payoneer, Platt will lead all revenue-generating functions, including sales, marketing, account management, product management and business development. He will be responsible for driving Payoneer's continued success by developing and implementing new growth strategies and effectively managing the company's top-line expansion.
"Payoneer is transforming cross-border business payments globally and we were looking for a creative, experienced executive to help us continue our rapid growth," said Scott Galit, CEO of Payoneer. "We're very excited to have Neil bring his expertise in managing fast-growing payments companies to Payoneer."
In 2014 Payoneer was recognized for the third consecutive year by the Deloitte Fast 500 for 762% growth over the past five years, as well as ranked in the top 100 financial services companies for the second year in a row by the Inc. 5000.
"Having spent close to 20 years in the financial technology industry, I've witnessed several generations of payments innovation as the business has moved online," said Platt. "Payoneer has proven to be a leader in cross-border payments innovation, and the company's immense growth mirrors that. I'm thrilled to join the team to help them drive continued growth and manage their ongoing success."
For additional information:

Beth Kempton, Walker Sands Communications
PR@payoneer.com
312.241.1178

http://www.payoneer.com/PR/NeilPlatt.aspx