Cross-border SMBs face persistent hurdles in managing global payroll, compliance, taxes, and benefits amid evolving regulations, fragmented banking, and limited internal resources. Payoneer, a leading global financial technology company, has acquired Boundless, an Ireland-based Employer of Record (EOR) platform, to expand its capabilities in delivering seamless, compliant workforce solutions.
Quick Intel
The acquisition aligns with the rapid shift in the global talent landscape, where companies increasingly hire remotely while navigating new visa policies, labor regulations, and compliance demands.
"The global talent landscape is shifting dramatically," said John Caplan, Chief Executive Officer, Payoneer. "From new visa policies to evolving labor regulations, companies everywhere are rethinking how they hire and manage global teams. With Boundless joining the Payoneer Workforce Management team, we are even better positioned to help businesses access and manage talent anywhere in the world easily, compliantly, and confidently."
"Joining Payoneer allows us to bring our European expertise to a truly global platform, helping more companies navigate the complexities of international hiring and compliance," said Dee Coakley, Chief Executive Officer and co-founder of Boundless. "Together, we will enable more businesses to expand internationally, pay, and manage talent across borders more efficiently."
By incorporating Boundless into Payoneer Workforce Management, the company reinforces its position as a one-stop financial and employment platform for SMBs in emerging markets and beyond, simplifying connections to the global economy.
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
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