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Payoneer Pulls In $8 Million Series B Round

Thursday, August 7, 2008 5:58:00 AM PDT | VentureDeal Staff
New York, New York -- ECommerce company Payoneer said that it has raised $8 million in a second venture capital funding.

Payoneer offers a prepaid MasterCard that allows companies to make the card available to partner groups and online payments for businesses.

Carmel Ventures led the round, which also included Greylock Partners.  The company said it would use the financing to expand its payment service offerings and to enhance its international payments technology.

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