Registry · PAYO

Does Payoneer support Israel?

Payoneer Global Inc.

Support documentedupdated 2026-09-26

Yes — Payoneer has documented support for Israel on record. Every claim below links to its source.

Filed under: Banks & financial companies · Tech companies · Companies that support Israel

Background

Payoneer figures in boycott discussions on two fronts. It is Israeli-founded, with about half of its global workforce and roughly 81% of its R&D in Israel, and it kept operating and supporting that workforce throughout the war. In the other direction, in January 2024 Novara Media reported that in the months after October 7 Payoneer froze accounts of Palestinians in Gaza and elsewhere without explanation. Payoneer denied discriminating, saying that 'during a conflict, there is an elevated risk of terrorism financing and money laundering, so our risk tolerance may change', that it only closes accounts in accordance with its policies as a regulated financial institution, and that it continued to serve about 29,500 customers in Gaza. In January 2026 the Israeli Defence Ministry gave Payoneer its Defence Minister's Shield for 2025 for supporting employees on reserve duty, an award the reporting says also covered food donations to soldiers serving around the country. No cash donation by the company to the Israeli military or to war causes has been documented. Separately, on 15 June 2026 Canadian payments company Nuvei, owned by the Advent private-equity fund, announced an agreement to buy Payoneer for $2.75 billion, or $7.4 a share; Nuvei said the deal should close by mid-2027, so Payoneer remains Nasdaq-listed and independently owned for now.

Business & Human Rights Resource Centre (incl. Payoneer comment) Payoneer Global Inc. Form 10-Q Q3 2023 (SEC) Globes (English), 15 June 2026 (archived) אנשים ומחשבים (People & Computers), 4 January 2026 (archived)

Timeline of documented support

200520082011201420172020202320262005 — Operations in Israel: State of Israel (employment, R&D, tech ecosystem)Operations in Israel20052023-10 — Employee support: Payoneer's Israeli employees, reservists and their spousesEmployee support2023-102026-01 — Employee support: Payoneer's Israeli employees serving in IDF reserve duty, and their familiesEmployee support2026-012026-01 — In-kind support: IDF reserve soldiers serving around Israel, beyond the company's own staffIn-kind support2026-01

Documented support

TypeDateAmountRecipientSources
Operations in Israel2005—State of Israel (employment, R&D, tech ecosystem)
Israeli-founded fintech: founded in Israel in 2005 by Yuval Tal — widely called the 'godfather of Israeli fintech' — and Yaniv Chechik. Corporate headquarters are in New York, but the company's center of gravity is Israel — its Q3 2023 10-Q, filed weeks after October 7, discloses that approximately 50% of the global employee base is located in Israel, including approximately 81% of its research and development resources; in 2019 some 830 of its roughly 1,000 employees worked at its Petah Tikva R&D center, and in June 2026 Globes put the Israeli share at 51% of a 2,500-strong workforce. Listed on Nasdaq (PAYO) since 2021.
Employee support2023-10—Payoneer's Israeli employees, reservists and their spouses
After October 7, 2023 the company organized support for its Israeli workforce — about half of all Payoneer employees — while, per its 10-Q, less than 10% of Israeli staff were called to military reserve duty with 'contingencies in place to cover impacted roles and responsibilities'. VP Operations Daphna Beer-Gabel described the focus as 'making sure that... people here are as okay as can be and they get support — people in reserve duty and spouses — and also some mental support if required, and making sure that we are resilient as a company', as Payoneer kept its Israeli operations running through the war.
Employee support2026-01—Payoneer's Israeli employees serving in IDF reserve duty, and their families
Payoneer received the Israeli Defence Minister's Shield (Magen Sar HaBitachon) for 2025, awarded for its sustained support of company employees serving in the military reserves over the preceding two years. It was handed over at an official ceremony held in the presence of Defence Minister Israel Katz and Chief of Staff Lt. Gen. Eyal Zamir, alongside recipients from twenty public- and private-sector bodies; Payoneer was chosen by a professional committee of the Ministry of Defence and representatives of civilian institutions, on the basis of nominations submitted by the company's own reservist employees. The employee measures named are extra leave days for staff on reserve duty, psychological services for employees and their families, gift packages sent to employees' homes, and appreciation events for employees and their partners. VP HR Adi Itzkovitch said the award 'expresses the trust and appreciation from our employees' and that 'caring for employee welfare is at the base of our organisational culture'. No monetary value was disclosed. Reported on 4 January 2026 by the Israeli IT trade outlet People & Computers, in a community column built on company-supplied detail and handout photographs; no independent confirmation of the award was found.
One source
In-kind support2026-01—IDF reserve soldiers serving around Israel, beyond the company's own staff
Two of the initiatives behind the 2025 Defence Minister's Shield were directed at soldiers rather than at Payoneer's own employees: food donations to soldiers serving around the country, and hosting reserve battalions at company events. Both are described as running over the two years to January 2026. No quantity, monetary value, recipient unit or date for any individual delivery was given, the detail reaches the outlet from the company, and no independent confirmation was found — this is Payoneer's own account as published by People & Computers on 4 January 2026.
One source

Frequently asked questions

Did Payoneer donate money to Israel or Israeli causes?

We have no records of cash donations, but Payoneer has documented support of other kinds (Operations in Israel, Employee support, In-kind support). See the records on this page.

Where does this information come from?

Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 6 distinct sources are cited for Payoneer. Our methodology page explains the full verification process.

Sources & citations

Record last updated: 2026-09-26

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