Payoneer Global Inc., the global financial technology company powering business growth across borders, today announced an extension of its strategic partnership with Upwork, the world’s human and AI-powered work marketplace, marking 15 years of collaboration supporting the global freelance economy.
Under the renewed agreement, Payoneer will continue to serve as a primary wallet and “Direct to Local Bank” payout partner for Upwork, supporting both existing and new international Upwork customers across Africa, Asia Pacific, Europe, Latin America, and the Middle East backed by Payoneer’s reach across 190 countries and territories.
The collaboration also marks a new phase of joint innovation. Upwork will join Payoneer as a Design Partner to explore stablecoin-enabled payouts to help address rising demand from freelancers seeking faster, more flexible access to funds in Latin America and other emerging markets.
The companies will also partner on leveraging Upwork’s global talent pool to support Payoneer’s ecosystem of small and medium-sized business (SMB) clients, helping expand access to cross-border talent and business opportunities.
“Our long-standing partnership with Upwork shows what’s possible when deep technical and operational alignment, regulatory strength, and global reach come together to simplify cross-border payments for global talent,” said Ya Wen, Senior Vice President of Global Marketplaces, Payoneer. “Through the Payoneer global financial stack, Upwork freelancers gain access to the Payoneer Account, global bank transfers, and FX management—benefits they need to grow their businesses across borders.”
Payoneer’s global financial infrastructure and regulatory footprint help support secure, compliant cross-border payouts at scale across key international markets. The company’s platform is built on a network of nearly 100 banks and payment service providers and continues to support innovation in real time payments and global money movement.
This collaboration reinforces Payoneer’s broader mission of powering the infrastructure behind global digital commerce, supporting marketplaces, SMBs and entrepreneurs operating across borders.
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