Payoneer has acquired Boundless, an Ireland-based Employer of Record (EOR) platform, to enhance its services for small- and medium-sized businesses (SMBs) operating internationally. This move is part of Payoneer’s strategy to build a comprehensive financial stack that addresses the complexities of cross-border employment. The acquisition follows Payoneer’s 2024 purchase of Skuad, now known as Payoneer Workforce Management, which aimed to improve its global accounts payable capabilities. Boundless specializes in managing cross-border payroll, taxes, benefits, and compliance, simplifying the process for companies looking to expand their workforce globally. This is particularly important for SMBs that often face challenges related to limited financial resources, fragmented banking relationships, and diverse local regulations. By integrating Boundless into its offerings, Payoneer aims to provide scalable, compliant workforce solutions, allowing businesses to focus on growth without getting bogged down by administrative hurdles.