Registry · PAYO
Does Payoneer Global Inc. support Israel?
Yes — Payoneer Global Inc. 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. No direct corporate donations to the Israeli military or war causes are documented; the documented record is the company's Israeli identity, operations and employee support.
Business & Human Rights Resource Centre (incl. Payoneer comment) Payoneer Global Inc. Form 10-Q Q3 2023 (SEC)
Timeline of documented support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 2005 | — | State of Israel (employment, R&D, tech ecosystem) Israeli-founded fintech: founded in 2005 by Israeli entrepreneur Yuval Tal, widely called the 'godfather of Israeli fintech'. 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. Listed on Nasdaq (PAYO) since 2021. | |
| Employee support | 2023-10 | — | 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. |
Frequently asked questions
Did Payoneer Global Inc. donate money to Israel or Israeli causes?
We have no records of cash donations, but Payoneer Global Inc. has documented support of other kinds (Operations in Israel, Employee 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. 4 distinct sources are cited for Payoneer Global Inc.. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2026-07-28
- Payoneer Global Inc. Form 10-Q Q3 2023 (SEC) sec.gov
- Times of Israel timesofisrael.com
- Calcalist (CTech) calcalistech.com
- Business & Human Rights Resource Centre (incl. Payoneer comment) business-humanrights.org