Payoneer, FundPark launch eCommerce credit for sellers

Payoneer has entered a strategic collaboration with Hong Kong-based fintech FundPark, linking Payoneer account holders to FundPark credit lines for eligible cross-border eCommerce businesses incorporated in Hong Kong.

The arrangement connects Payoneer's cross-border, multi-currency accounts with FundPark's digital lending process. FundPark will provide financing to eligible Payoneer customers under its own underwriting and approval process.

FundPark offers a revolving line of credit aimed at asset-light eCommerce merchants that often struggle to secure bank lending. Credit limits can reach up to USD $10 million, sized to a seller's average monthly gross merchandise value (GMV).

The two firms say the offering targets common pain points for cross-border sellers, including working-capital gaps, managing seasonality, and handling multiple currencies while selling on international marketplaces.

How it works

Approved businesses can draw funds on demand and receive disbursement in as little as 24 hours. FundPark uses AI-powered credit assessments and a digital application process.

Repayments can be set to align with a merchant's cash-flow cycle. Repayment via Payoneer balances is also available, linking the credit product to the customer's Payoneer account.

FundPark's credit assessment uses data modelling and risk-management tools, which it says help it make faster decisions for online sellers that may not fit standard bank credit-scoring models.

Payoneer says many customers use its platform as a central account for managing payments across suppliers, marketplaces, and service providers. The collaboration adds a credit option alongside its cross-border payments tools.

"We're proud to join forces with FundPark to expand our ecosystem and deliver integrated solutions that help businesses scale sustainably worldwide," said Dandan Cheng, Senior Vice President and General Manager of Greater China, Payoneer.

"Customers are increasingly using Payoneer as their central account to manage their business network payments. By adding high-quality, flexible credit solutions to our existing cross-border payments expertise and robust partner network, we're giving global entrepreneurs choice, speed, and control over cash flow," Cheng said.

SME lending

FundPark is positioning the collaboration as part of its focus on small and medium-sized enterprise (SME) financing. It says access to working capital remains a constraint for fast-growing online sellers, particularly during expansion phases and peak trading periods.

"At FundPark, supporting the sustainable growth of SMEs has always been a core focus. We deeply understand the challenges SMEs face as they scale, and access to efficient financing is a critical component. Through our partnership with Payoneer, we leverage AI‐driven data insights and risk management capabilities to seamlessly integrate multi‐currency financing solutions into Payoneer's financial ecosystem, precisely serving high‐growth cross‐border eCommerce businesses and addressing their working capital needs. This collaboration represents not only a product integration, but a combination of complementary capabilities. We look forward to working together to unlock growth potential and enhance competitiveness for SMEs across the Asia‐Pacific region," said Anson Suen, CEO and Co-founder of FundPark.

The collaboration focuses on businesses incorporated in Hong Kong, reflecting both companies' regional footprint and the concentration of cross-border eCommerce operators that use Hong Kong as a base for international trade.

Partner network

The financing tie-up fits into Payoneer's broader approach of building partnerships around its payments platform, including expanding product integrations with other financial and commerce infrastructure providers.

Payoneer also pointed to a separate partnership with Stripe aimed at expanding Payoneer's Checkout offering in China and Asia-Pacific markets, responding to demand from merchants selling direct-to-consumer through modern online payment and checkout flows.

FundPark says it has arranged more than USD $750 million in funding facilities since 2020, backed by international financial institutions. It also says it has advanced more than USD $7 billion to support SME eCommerce operators and served more than 33,000 online shops across Asia and other markets.

Under the new collaboration, Payoneer customers who meet FundPark's criteria can apply through the integrated flow, with FundPark responsible for offers and credit decisions. The companies expect uptake among merchants managing inventory purchases, marketing spend, and platform fees, where cash needs can rise sharply around seasonal demand.