NEW YORK--(BUSINESS WIRE)--Payoneer announced today that it has partnered with the Cantor Fitzgerald Relief Fund in conjunction with the investment bank Cantor Fitzgerald and brokerage company BGC Partners to support victims of Hurricane Sandy. The Cantor Fitzgerald Relief Fund, Cantor Fitzgerald, and BGC Partners are providing millions of dollars of support to thousands of families hardest hit by the storm by providing each family in 19 elementary schools in Brooklyn, Queens, Long Island, Staten Island, and New Jersey with a $1000 Payoneer prepaid debit card. Payoneer is covering all costs related to the card program to ensure all the funds are available for the families to use.
“We are committed to helping New York area families in their time of greatest need. Payoneer has been a flexible and responsive partner that has worked hand-in-hand with us on a short timeline to help us achieve our goal to deliver these cards to families in the New Year.”
Howard W. Lutnick, Chairman and Chief Executive Officer of Cantor Fitzgerald and BGC Partners, stated, “We are committed to helping New York area families in their time of greatest need. Payoneer has been a flexible and responsive partner that has worked hand-in-hand with us on a short timeline to help us achieve our goal to deliver these cards to families in the New Year."
Scott Galit, Payoneer’s Chief Executive Officer, added, “As a New York-based company, we have seen first-hand just how hard Hurricane Sandy hit families in our area. Payoneer is proud to partner with the Cantor Fitzgerald, BGC Partners, and the Cantor Fitzgerald Relief Fund to help them support thousands of the families most impacted by the storm.”
Founded in 2005, Payoneer is an industry-leading global payments company that accelerates growth for its customers by improving the way they make payments in more than 200 countries worldwide. Payoneer’s complete solution provides a simple, secure, compliant and cost-effective way for companies of all sizes to offer superior and cost-saving payments options including prepaid debit cards, deposits to local banks worldwide, international wire transfers, mobile payments, global and local e-wallets and local-currency paper checks. Venture backed and profitable, Payoneer has served thousands of companies and more than one million payees around the world. For more information, visit us at www.payoneer.com.