Sharda Caro del Castillo, Global Fintech and Payments Leader, Joins Payoneer’s Board of Directors | National business

NEW YORK–( BUSINESS WIRE )–21. March 2023–

Payoneer (NASDAQ: PAYO), the financial technology company that empowers the world’s small and medium-sized businesses to shop, do business and grow globally, today announced changes to its board of directors.

Sharda Caro Del Castillo joins the Payoneer board effective March 17. Caro Del Castillo also serves as a member of the board’s risk and compensation committees. Caro Del Castillo has over 25 years of experience leading both business and legal teams and brings to Payoneer’s board an extensive background in payments, financial services and regulatory and compliance. She most recently served as Chief Legal Officer at Affirm. Before that, she has, among other things, been Global Head of Payments at Airbnb, Payments Counsel and Head of Payments Platform at Square, and product and regulatory advisor at PayPal. She also sits on the board of GoFundMe and Forter.
Heather Tookes resigned from the role of board member with effect from 17 March. The resignation was not the result of any disagreement with the board or the company. Tookes has been a member of Payoneer’s board of directors since 2021 and is a professor of finance at the Yale School of Management.

“We are thrilled to welcome Sharda Caro Del Castillo to Payoneer’s board and look forward to the depth of experience she brings and the value she will bring to Payoneer,” said Avi Zeevi, Chairman of Payoneer. “I would like to thank Heather for her contributions to Payoneer. Her strong leadership, commitment and strategic insight helped guide the company’s growth. While we will miss her, this is a natural progression for our board and I remain confident that we have a strong, diverse board that will help steer Payoneer for future success.”

“I am honored to join Payoneer’s Board of Directors at such an exciting time for the company,” said Sharda Caro Del Castillo. “I look forward to working with the Board of Directors and the company’s management to continue to deliver on the Payoneer mission of providing a financial operating account for entrepreneurs and businesses worldwide to do business across borders.”

About Payoneer

Payoneer is the financial technology company that empowers the world’s small and medium-sized businesses (SMBs) to shop, do business and grow globally. Payoneer was founded in 2005 with the belief that talent is equally distributed, but opportunity is not. It is our mission to enable every business and entrepreneur anywhere to participate and succeed in the global digital economy. Since our founding, we have built a global financial platform that has already made it easier for millions of SMEs, especially in emerging markets, to pay and get paid, manage their money and grow their business.

Forward-looking statements

This press release includes, and oral statements made from time to time by representatives of Payoneer, may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to to future events or Payoneer’s future financial or operating results. For example, forecasts of future volume, revenue, transaction costs and adjusted EBITDA are forward-looking statements. In some cases, you can identify forward-looking statements by using terminology such as “may”, “should”, “expect”, “intend”, “plan”, “will”, “estimate”, “anticipate”, “believe, » ” “predict”, “potential” or “continue”, or the negative of these terms or variations thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those which are expressed or implied by such forward-looking statements. These forward-looking statements are based on estimates and assumptions that, although believed to be reasonable by Payoneer and its management, as the case may be, are inherently uncertain. Factors that may cause the actual results may differ materially from current expectations include, but are not limited to: (1) changes in applicable laws or regulations; (2) the possibility that Payoneer may be adversely affected by geopolitical and other economic, former regulatory and/or competitive factors; (3) Payoneer’s estimates of its financial performance; (4) the outcome of any litigation; and (5) other risks and uncertainties set forth in Payoneer’s Annual Report on Form 10-K for the period ended December 31, 2022 and future reports that Payoneer may file with the SEC from time to time. Nothing in this press release should be considered a representation by any person that the forward-looking statements made herein will be achieved or that any of the results contemplated by such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Payoneer undertakes no obligation to update these forward-looking statements.

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KEYWORDS: NEW YORK USA NORTH AMERICA

INDUSTRY KEYWORDS: TECHNOLOGY FINTECH OTHER TECHNOLOGY CONSULTING PROFESSIONAL SERVICES SOFTWARE SMALL BUSINESS NETWORKING DATA PROCESSING OTHER PROFESSIONAL SERVICES

SOURCE: Payoneer Inc.

PUB: 21/03/2023 16:30/DISC: 21/03/2023 16:31