Yuval Tal
Encyclopedia
Yuval Tal is the founder and president of Payoneer, the global Internet
-based payment
solution.
combat
unit. During his military service, Tal was decorated with honors for saving civilian life. An avid sportsman and runner, Tal participated in several triathlon
s and marathon
s. Tal is also a member of the Young Presidents Organization. Tal enjoys photography
and earlier in his career, he studied photography at Parsons The New School for Design
in New York.
(NASDAQ:RDWR) in the position of VP business development. Later, he served as general manager of R-U-Sure Ltd In 1999, Tal co-founded E4X., amongst the world’s first Internet payment solutions company. Under Tal’s management, E4X grossed over $500M in the first five years, and in 2007, was rebranded and renamed FiftyOne. The company is noted for its innovation in Electronic commerce
, as it enables retailers to market and sell products and services around the globe, in their customers’ local currency. FiftyOne customers can manage international orders, process payment in several currencies and oversee their operations. FiftyOne is headquartered in New York
with its R&D division in Israel.
Tal established Payoneer in 2005, providing companies and business with secure and efficient online
payout solutions. Exclusively set up for direct online payment to prepaid MasterCard
® cards, Payoneer handles millions of online transactions per day. Payoneer’s technology platform allows web-based companies to pay subcontractor
s and others with an easy-to-use online service that is quick and reliable, without the need for standard money transfers or payment by check. Payoneer is a Program Manager for Choice Bank Limited and First Covenant Bank and a partner company of i2c inc.com. Privately owned, Payoneer employs over 100 professionals at its headquarters in New York and its R&D facility in Israel. The company is backed by funding from Greylock Partners, Carmel Ventures
and Crossbar Capital.
, Israel. Following his service in the Israeli Defense Forces, he was educated at Tel Aviv University
in Israel. He holds a B.Sc. in mechanical engineering
, an M.Sc. in biomedical engineering
, and an MBA. Tal served on the board of the ETA’s Technology Committee, where he exhibited an in-depth understanding of Internet transactions
, online security and the overall workings of the e-commerce industry.
® cards.
Yuval Tal also lectures in different summits and conventions such as: 2009 Affiliate Summit
, Take Charge summit 2011. and more.
Yuval Tal is conseidered an expert source when it comes to information in Ecommerce, Internet Technologies and he shares his knowledge on his technological personal blog.
Tal has investments across the board including Ginger, Superfly, Tactus, Relmage, Memphis Medical Center and others. Tactus has recently raised $1.5 million in its first financing round.
Yuval Tal has also invested in Bar Refaeli
and Dudu Balsar's new e-commerce lingerie company Undeez. Another recent investment has been in ZooZ - a comprehensive end-to-end payment solution
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...
-based payment
Payment
A payment is the transfer of wealth from one party to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation....
solution.
Early life and personal
Tal was born in 1965 in Israel. He served in the Israeli Defense Forces as a special operations commander of an eliteElite
Elite refers to an exceptional or privileged group that wields considerable power within its sphere of influence...
combat
Combat
Combat, or fighting, is a purposeful violent conflict meant to establish dominance over the opposition, or to terminate the opposition forever, or drive the opposition away from a location where it is not wanted or needed....
unit. During his military service, Tal was decorated with honors for saving civilian life. An avid sportsman and runner, Tal participated in several triathlon
Triathlon
A triathlon is a multi-sport event involving the completion of three continuous and sequential endurance events. While many variations of the sport exist, triathlon, in its most popular form, involves swimming, cycling, and running in immediate succession over various distances...
s and marathon
Marathon
The marathon is a long-distance running event with an official distance of 42.195 kilometres , that is usually run as a road race...
s. Tal is also a member of the Young Presidents Organization. Tal enjoys photography
Photography
Photography is the art, science and practice of creating durable images by recording light or other electromagnetic radiation, either electronically by means of an image sensor or chemically by means of a light-sensitive material such as photographic film...
and earlier in his career, he studied photography at Parsons The New School for Design
Parsons The New School for Design
Parsons The New School For Design, known colloquially as Parsons, is the art and design college of The New School university. It is located in New York City's Greenwich Village, and has produced artists and designers such as Marc Jacobs, Dean and Dan Caten, Norman Rockwell, Donna Karan, Jane...
in New York.
Professional career
Tal has over twenty years of experience in the web-based payment solutions industry. Tal began his career at RadwareRadware
Radware , is a provider of integrated Application delivery, Network Security and Load balancing solutions based in Tel Aviv, Israel. Radware, which is a member of the Rad Group of companies, is a public company and its shares are traded on NASDAQ.- History :...
(NASDAQ:RDWR) in the position of VP business development. Later, he served as general manager of R-U-Sure Ltd In 1999, Tal co-founded E4X., amongst the world’s first Internet payment solutions company. Under Tal’s management, E4X grossed over $500M in the first five years, and in 2007, was rebranded and renamed FiftyOne. The company is noted for its innovation in Electronic commerce
Electronic commerce
Electronic commerce, commonly known as e-commerce, eCommerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, the term may refer to more than just buying and selling products online...
, as it enables retailers to market and sell products and services around the globe, in their customers’ local currency. FiftyOne customers can manage international orders, process payment in several currencies and oversee their operations. FiftyOne is headquartered in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
with its R&D division in Israel.
Tal established Payoneer in 2005, providing companies and business with secure and efficient online
ONLINE
ONLINE is a magazine for information systems first published in 1977. The publisher Online, Inc. was founded the year before. In May 2002, Information Today, Inc. acquired the assets of Online Inc....
payout solutions. Exclusively set up for direct online payment to prepaid MasterCard
MasterCard
Mastercard Incorporated or MasterCard Worldwide is an American multinational financial services corporation with its headquarters in the MasterCard International Global Headquarters, Purchase, Harrison, New York, United States...
® cards, Payoneer handles millions of online transactions per day. Payoneer’s technology platform allows web-based companies to pay subcontractor
Subcontractor
A subcontractor is an individual or in many cases a business that signs a contract to perform part or all of the obligations of another's contract....
s and others with an easy-to-use online service that is quick and reliable, without the need for standard money transfers or payment by check. Payoneer is a Program Manager for Choice Bank Limited and First Covenant Bank and a partner company of i2c inc.com. Privately owned, Payoneer employs over 100 professionals at its headquarters in New York and its R&D facility in Israel. The company is backed by funding from Greylock Partners, Carmel Ventures
Carmel Ventures
Carmel Ventures, established in 2000, is an Israeli venture capital fund with over $600 million under management. Carmel is focused on early stage companies in the fields of Software, Internet, Media, Communications, Semiconductors, and Consumer Electronics....
and Crossbar Capital.
Education
Tal completed high school in Ramat HasharonRamat Hasharon
Ramat HaSharon is a city located on Israel's central coastal strip in the south of the Sharon region, bordering Tel Aviv to the south and Herzliya and Kibbutz Glil Yam to the north. It is part of the Tel Aviv District, within Gush Dan metropolitan area...
, Israel. Following his service in the Israeli Defense Forces, he was educated at Tel Aviv University
Tel Aviv University
Tel Aviv University is a public university located in Ramat Aviv, Tel Aviv, Israel. With nearly 30,000 students, TAU is Israel's largest university.-History:...
in Israel. He holds a B.Sc. in mechanical engineering
Mechanical engineering
Mechanical engineering is a discipline of engineering that applies the principles of physics and materials science for analysis, design, manufacturing, and maintenance of mechanical systems. It is the branch of engineering that involves the production and usage of heat and mechanical power for the...
, an M.Sc. in biomedical engineering
Biomedical engineering
Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve...
, and an MBA. Tal served on the board of the ETA’s Technology Committee, where he exhibited an in-depth understanding of Internet transactions
Financial transaction
A financial transaction is an event or condition under the contract between a buyer and a seller to exchange an asset for payment. It involves a change in the status of the finances of two or more businesses or individuals.-History:...
, online security and the overall workings of the e-commerce industry.
Current occupation
Tal is the founder and president of Payoneer that provides companies and businesses with efficient online payout solutions via direct online payment to prepaid MasterCardMasterCard
Mastercard Incorporated or MasterCard Worldwide is an American multinational financial services corporation with its headquarters in the MasterCard International Global Headquarters, Purchase, Harrison, New York, United States...
® cards.
Yuval Tal also lectures in different summits and conventions such as: 2009 Affiliate Summit
Affiliate Summit
The Affiliate Summit conference was founded by Affiliate marketing industry veterans Shawn Collins , and Missy Ward and focuses on the affiliate marketing professional community...
, Take Charge summit 2011. and more.
Yuval Tal is conseidered an expert source when it comes to information in Ecommerce, Internet Technologies and he shares his knowledge on his technological personal blog.
Tal has investments across the board including Ginger, Superfly, Tactus, Relmage, Memphis Medical Center and others. Tactus has recently raised $1.5 million in its first financing round.
Yuval Tal has also invested in Bar Refaeli
Bar Refaeli
Bar Refaeli is an Israeli model and occasional actress, most known for her modeling work and for her relationship with American actor Leonardo DiCaprio. She was the cover model of the 2009 Sports Illustrated Swimsuit Issue.-Early life:...
and Dudu Balsar's new e-commerce lingerie company Undeez. Another recent investment has been in ZooZ - a comprehensive end-to-end payment solution