Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash

New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch. Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Learn more about your ad choices. Visit podcastchoices.com/adchoices