Armor Payments公司联合创始人兼首席执行官Scott Reynolds在一次声明中表示，“世界范围内的中小企业若是知晓双方都可以受到保护而免遭诈骗危害，那么他们能够更加高效地运营和跨境贸易。”
Payoneer公司和Armor公司并不是EaaS领域的唯一从业者。Freelancer.com在2015年四月收购了Escrow.com，这次收购从Chase Manhattan Corporation, Madison Securities, Pacific Century CyberWorks, SoftBank 以及 VerticalNet处至少筹集了3000万美元。一些房地产公司以及比特币相关创业公司也从事这个领域：Middlie (Los Angeles), Escrow My Bits, CrowdPay (Texas), Redkomodo (Charlotte, NC)和Snapdocs (San Francisco) 仅仅是其中的一少部分。
Payoneer这些年已经筹集了9000万美元，其中在八月份完成了最大一轮融资，E轮5000万美元。投资者包括83North, Carmel Ventures, NYCA Partners, Vintage Investment Partners, Wellington Management, Susquehanna Growth Equity 以及Greylock Partners。Payoneer在它的顾客群中选列了一些知名品牌，如Airbnb, Google, Upwork 和 Amazon。
Payoneer首席执行官Scott Galit在一次新闻发布会上表示：“Payoneer已经是一个值得信赖的B2B支付服务提供商，我们向全世界上百万家小企业提供服务。Armor Payments的托管解决方案填补了B2B交易中一个关键的缺失环节，并且超越于支付领域，还推动解决了经常存在于贸易伙伴间的信任鸿沟问题。”
Payoneer保留了多个办事处并且将总部设在纽约。Armor的工作人员将加入Payoneer设在 Los Gatos, California的办事处，同时保留Armor在North Carolina的发展中心。Armor由前任首席执行官Scott Reynolds联合创立，Scott Reynolds曾是PayPal 和 Mastercard高级经理以及Mark French的CTO。Payoneer 由 President Yuval Tal和Ben Yaniv Chechik共同创立。
The next time you buy a house, you may want to know about this
Payoneer, the leading B2B cross-border payments platform, announced Tuesday it had acquired Silicon Valley-based B2B startup Armor Payments.
It’s a match made in heaven for a pair of startups offering two complementary services. Armor focuses on payment security as a third-party intermediary while Payoneer focused on international payments and currency exchange during those transactions.
“SMBs all over the world can work and trade globally more effectively knowing both sides are fully protected from fraud,” Scott Reynolds, Co-Founder and CEO of Armor Payments, said in a statement.
Armor bills itself as the only B2B company offering so-called EaaS, or escrow-as-a-service. By ‘integrating a simple API,’ the two companies tout they will be able to manage B2B transactions anywhere between $500 and $1 million, anywhere in the world.
Oh come on, Geektime. What does escrow mean?
Glad you asked. Escrow accounts are essentially holding accounts. Sometimes the accounts are used as intermediaries between buyers and sellers, usually for massive transactions like home purchases or large investments. Putting money in escrow shows the seller that the potential buyer is serious and is ready to lay down the funds, but the buyer is protected in case the seller were to take the money and run.
Beyond home buying, escrow accounts have several other uses. Escrow agents, in this case Armor Payments, make sure deals go down smoothly and get commission from the deals.
Payoneer and Armor aren’t the only players in the EaaS game. Freelancer.com bought Escrow.com in April 2015, which had raised at least $30 million from Chase Manhattan Corporation, Madison Securities, Pacific Century CyberWorks, SoftBank and VerticalNet. Several real estate and bitcoin-related startups are also in the game: Middlie (Los Angeles), Escrow My Bits, CrowdPay (Texas), Redkomodo (Charlotte, NC) and Snapdocs (San Francisco) are just a few.
Payoneer has raised $90 million over the years with its largest round being a $50 million Series E in August. Investors include 83North, Carmel Ventures, NYCA Partners, Vintage Investment Partners, Wellington Management, Susquehanna Growth Equity and Greylock Partners. Payoneer lists several brands among its customers like Airbnb, Google, Upwork and Amazon.
“Payoneer is already a trusted provider of B2B payment services to millions of small businesses around the world,” Scott Galit, CEO of Payoneer, said in a press release. “The escrow solution of Armor Payments fills in a critical missing link for B2B transactions, and moves beyond payments to address the trust gap that often exists between trading partners.”
Payoneer maintains multiple offices with headquarters in New York. Armor staff will join Payoneer at their offices in Los Gatos, California, while maintaining the Armor development center in North Carolina. Armor was co-founded by former CEO Scott Reynolds, a former senior manager at PayPal and Mastercard, and CTO Mark French. Payoneer was founded by President Yuval Tal and Ben Yaniv Chechik.