Payoneer has made an important step in the development of its services by acquiring Skuad, a global startup specialising in HR and payroll management solutions. This strategic acquisition will allow the company to provide Employer of Record (EOR) services, significantly expanding its range of capabilities.
What does this mean for business?
With Skuad's integration, Payoneer will be able to help small and medium-sized businesses in over 160 countries with the following key tasks
- Easily hire and onboard international employees without the need to set up local legal entities.
- Manage global payouts while meeting local regulatory requirements.
- Full compliance with local laws when hiring and making payments.
This acquisition opens up new opportunities for companies looking to scale their business and attract talent around the world without worrying about legal and financial complexities. Payoneer continues to expand its services, making international collaboration even more convenient and efficient.
How can Maira Consult help you?
If you want to expand your business abroad, the Maira Consult team will help you with the registration of a company in the right jurisdiction and the solution of all legal issues. We provide full support in the process of starting a business and help you find the best solutions for international activities.
And if you don't have a Payoneer account yet, follow our guide and open a free business account with Payoneer today!
