We interviewed Gal Reshef, Senior Director, Operations Site Leader from Payoneer.
- What is the mission of Payoneer and what do you do?
Our mission is to be the world’s go-to partner for digital commerce. We aim to empower anyone, anywhere to participate and flourish in the new global, digital economy, so the entire world can realize its potential.
- What are the benefits of the Payoneer platform for customers?
Payoneer is the one-stop platform—a financial stack—that enables and empowers the world’s underserved SMBs to transact, do business, and grow across borders with ease, reliability, and confidence.
- What objectives are you pursuing with your expansion strategy?
Our expansion strategy focuses on strengthening Payoneer’s global presence. Madrid is a strategic location that allows us to attract top talent, and foster innovation.
- Why did you choose Madrid region as one of your key locations?
Madrid is a dynamic business hub with a thriving fintech ecosystem, a skilled workforce and strong connectivity to Europe and Latin America. The city’s welcoming environment for international businesses, combined with its high quality of life and great sunny weather, made it an ideal choice for Payoneer’s expansion.
- What expectations do you have with your landing in our region?
We aim to establish a strong local presence, build meaningful partnerships with Madrid’s high-tech industry and contribute to the growth of the fintech sector. Our goal is to attract top talent and create employment opportunities. We see our investment in Madrid as part of our long-term plans and will be an essential part of our European strategy.
- How has your collaboration with Invest in Madrid been and how has it helped you?
Our collaboration with Invest in Madrid has been extremely valuable. Their support in navigating the local business environment, connecting us with key stakeholders and providing guidance on administrative processes has helped us establish our Madrid office smoothly. Their insights and assistance have been instrumental in making our transition seamless and they continue to support us with any questions or needs we have.
- What would you recommend to other foreign investors who are thinking of opening a business in Madrid?
Madrid is an excellent location for international businesses, offering a strong talent pool, business-friendly policies and a vibrant ecosystem for innovation. I would recommend leveraging local resources like Invest in Madrid, building strong networks within the business community and embracing the city’s dynamic culture. The combination of professional opportunities and high quality of life makes Madrid a great place to invest and grow.