Payoneer acquires Singaporean HR, payroll startup Skuad for US$61M

Quick Summary:

Global payment processing company Payoneer has acquired Skuad, a Singapore-based HR and payroll platform, for US$61 million in cash.

The deal aligns with Paynoneer’s strategy to build a business-grade financial stack for international SMEs.

To date, the firm has secured US$15 million in funding, including a US$4 million seed investment led by Beenext and Anthemis Group in December 2020.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets: Singapore

Topics: Investments Anthemis Group Payoneer Human Resource Skuad News HR Beenext

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 08:51:51 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 1 lines

Sentence Length: 386 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 21980933

View Article Analysis

About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 13 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 11 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #10

Publisher Details

Frequently Asked Questions