Dublin-founded Boundless, an Employer of Record (EOR) platform, is joining forces with global financial platform Payoneer in a major step for the Irish technology sector in the international workforce management space.
Founded by Dee Coakley and Emily Castles in 2019, Boundless was born from the founders’ direct experience with the challenges of cross-border remote work.
The company’s mission has always been to enable talented people to work from anywhere while helping companies hire, pay, and manage distributed teams compliantly and efficiently.
Nasdaq-listed Payonee said today’s acquisition marks another step in its strategy to deliver a comprehensive financial stack for small and medium-sized businesses (SMBs) that operate internationally.
It said that with the addition of Boundless, Payoneer is growing its footprint in Europe and expanding its ability to serve global customers who are increasingly looking for compliant, scalable workforce solutions.
“Boundless enables businesses to handle cross-border payroll, taxes, benefits, and compliance with ease, allowing companies to focus on growing their business with confidence”, the company added.
“Joining Payoneer allows us to bring our European expertise to a truly global platform, helping more companies navigate the complexities of international hiring and compliance,” said Dee Coakley, the chief executive and co-founder of Boundless.
“Together, we will enable more businesses to expand internationally, pay and manage talent across borders more efficiently,” she added.
“The global talent landscape is shifting dramatically,” said John Caplan, the CEO of Payoneer.
“From new visa policies to evolving labour regulations, companies everywhere are rethinking how they hire and manage global teams. With Boundless joining the Payoneer Workforce Management team, we are even better positioned to help businesses access and manage talent anywhere in the world easily, compliantly, and confidently,” he added.
