Payoneer Partners with FundPark to Enhance Credit Access for E-Commerce Sellers

The collaboration between Payoneer and FundPark is designed to tackle the common financing challenges that cross-border e-commerce businesses encounter. By combining Payoneer’s robust cross-border and multi-currency payment platform with FundPark’s expertise in AI-driven data modeling and risk management, the two companies are set to offer innovative credit solutions tailored to the unique needs of asset-light businesses often overlooked by traditional banks.

Through this partnership, eligible Payoneer customers will gain access to a flexible line of credit provided by FundPark, which offers several key benefits:

Dandan Cheng, Senior Vice President and General Manager of Greater China at Payoneer, expressed enthusiasm about the collaboration, stating, "We’re proud to join forces with FundPark to expand our ecosystem and deliver integrated solutions that help businesses scale sustainably worldwide." Cheng emphasized that the partnership enhances the value Payoneer brings to its customers, providing them with increased choice, speed, and control over their cash flow.

Anson Suen, CEO and Co-founder of FundPark, echoed this sentiment, highlighting the importance of access to efficient financing for small and medium-sized enterprises (SMEs). Suen remarked, "This collaboration represents not only a product integration but a combination of complementary capabilities. We look forward to working together to unlock growth potential and enhance competitiveness for SMEs across the Asia-Pacific region."

This partnership is a continuation of Payoneer's commitment to forming strategic alliances that empower regional small and medium-sized businesses with enterprise-grade solutions. Last year, Payoneer partnered with Stripe to enhance its Checkout offering, launching first in China and the APAC markets to address the growing demand for modern direct-to-consumer infrastructure.

Payoneer serves as a vital financial platform for cross-border business and global payments. The company empowers millions of businesses with the financial tools necessary for growth and global transaction confidence, particularly focusing on enabling SMBs in emerging markets to connect with the global economy.

Founded in Hong Kong, FundPark pioneers a new approach to scaling for digital entrepreneurs. With a focus on going beyond traditional working capital lending, FundPark integrates AI-driven funding solutions and predictive insights to support the growth of e-commerce businesses. Since its inception, FundPark has secured over USD 750 million in funding facilities and advanced over USD 7 billion to support the growth of SMEs across Asia and beyond.

This collaboration between Payoneer and FundPark marks a pivotal step toward transforming the financial landscape for e-commerce sellers, providing them with the necessary tools to thrive in a competitive global market.