Online payment company Payoneer Global Inc. has announced that Bea Ordonez will take over as Chief Financial Officer when Michael Levine steps down from the position in March 2023.

A statement released by the company said that Ordonez had joined as Deputy Chief Financial Officer, effectiveJanuary 16, 2023, before being approved as CFO by the company’s Board of Directors in March.

Ordonez joins Payoneer from Webster Bank where she served as Chief Innovation Officer. She more than 20 years of C-suite experience in financial technology companies, with a focus on capital markets and banking, global trading platforms and market data and analytics solutions. Her prior roles include CFO positions at Sterling National Bank, OTC Markets Group, and G-Trade, and as the COO at Convergex.

Speaking about the new appointment, John Caplan, Co-CEO said, “Bea is a proven leader with diverse expertise in the financial technology industry and has experience as CFO of multiple publicly traded companies. I am confident that she will be an impactful leader as we continue to evolve our broader executive team and execute on our strategic priorities.”

Payoneer was founded in 2005 and provides e-commerce services to individual online sellers as well as platforms, including Airbnb and Amazon. Amidst a flurry of SPAC activity among the broader market in 2021, the company went public after closing a merger with a blank-check firm backed by fintech entrepreneur Betsy Cohen.

“The Payoneer team has built a digital platform with impressive global reach and scale and I look forward to working with the team to continue to build on the company’s impressive track record,” Ordonez said.

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