Payoneer Acquiring Digital Payment Platform optile

| Douglas P. Clement

Digital payment platform startup Payoneer, which is doing battle with PayPal and other major players, is acquiring Munich-based optile, a tech firm that streamlines the payment acceptance process for merchants. Terms of the deal were not disclosed.

Linio

Linio Selects Payoneer to Disburse Cross-Border Payments

| MCM Staff

Linio, Latin America’s largest ecommerce store, has selected Payoneer Inc. to power its payments to sellers worldwide. The partnership will provide international sellers access to the estimated $88 billion Latin-American ecommerce market through Linio’s 8 localized platforms, by allowing them to receive their funds using Payoneer’s payment solutions.