Payoneer: Acquires optile To Bolster Payment Technology
- Payoneer set to acquire the Germany-based open payment orchestration platform optile
- optile’s orchestration platform developed for global ventures to quickly expand to additional markets
- Founded in 2010, optile streamlines payment acceptance processes for sellers across the globe
- optile’s orchestration platform also gives sellers cloud-based authority and latitude for outlining and guiding their payment setup
- optile’s 75-person workforce also will maintain its function as a free-standing body within Payoneer
- In October, Payoneer also introduced a new cross-border service that included functionality for SMBs
