Payoneer Global Overview
Payoneer specializes in helping businesses transcend borders, limits, and expectations in todays digital world. Payoneer gives businesses of all types and sizes access to new economic opportunities by enabling them to transact globally as easily as they do locally. Payoneers digital platform streamlines global commerce for millions of small businesses, marketplaces, and enterprises from 200 countries and territories. Leveraging its robust technology, compliance, operations, and banking infrastructure, Payoneer delivers a suite of services addressing cross-border payments, working capital, tax solutions, and risk management. Founded in 2005, Payoneer is profitable and has teams based worldwide. Powering growth for customers ranging from aspiring entrepreneurs in emerging markets to leading global digital brands such as Airbnb, Amazon, Google, and Upwork, Payoneer is focused on making global commerce easy and secure.
Cumulative Funding Raised Over Time ($)
$50.0MAug 2015
$50.0MDec 2017
$50.0MFeb 2021
$52.0MJan 2005
$60.0MJul 2008
$67.0MJun 2012
$367.0MJun 2021
$371.0MMar 2007
$396.0MMar 2014
$576.0MOct 2016
$577.0MSep 2014
Latest News
growth-positive
Evaluating Payoneer (PAYO): How Revenue Growth and Buybacks Impact Its Current Valuation
Payoneer Global is experiencing impressive revenue growth and is actively engaging in share repurchases, which are contributing to stronger returns for investors. Despite these positive developments, the companys share price has declined significantly this year, with a year-to-date return of -39.7%. Analysts believe there is still sizable upside potential if Payoneers ambitious roadmap is successfully executed. The company is investing in blockchain and stablecoin infrastructure, which could enhance its real-time cross-border treasury management capabilities. However, the market remains cautious due to potential competition from disruptive fintechs and the risk of rapid blockchain adoption affecting transaction volumes. Payoneers current price-to-earnings ratio is higher than the industry average, indicating a premium that could pose valuation risks if market optimism diminishes.
growth-negative
Payoneer Global Inc. (PAYO) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Payoneer Global Inc. is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2025. The earnings report, expected on November 5, could influence the companys stock price depending on whether the results meet, exceed, or fall short of expectations. The company is projected to post quarterly earnings of $0.06 per share, a 45.5% decrease from the previous year, with revenues expected to rise by 6.1% to $263.46 million. Analysts have revised the consensus EPS estimate upwards by 19.06% over the past 30 days. The Zacks Earnings ESP model suggests that a positive earnings surprise is likely if the companys earnings exceed the consensus estimate.
growth-negative
1 of Wall Street’s Favorite Stock with Impressive Fundamentals and 2 We Brush Off
The article discusses the financial outlook of three companies: Driven Brands, AT&T, and Payoneer. Driven Brands, with a network of automotive service centers, is facing challenges as its organic revenue growth has fallen short, and its returns on capital are eroding. The companys high net-debt-to-EBITDA ratio may lead to the need for dilutive equity offerings. AT&T is experiencing declining sales and profitability, with an expected increase in capital intensity. Payoneer, a financial technology service provider, is highlighted for its potential upside in stock value. The article emphasizes the importance of cautious optimism when considering Wall Streets price targets.
CustomersInvestment
growth-positive
Payoneer to Report Third Quarter 2025 Results on November 5, 2025
Payoneer Global Inc., a financial technology company, will announce its Third Quarter 2025 financial results on November 5, 2025. The company will host a conference call and earnings webcast on the same day to discuss the results. Payoneer provides a financial platform for cross-border business and global payments, empowering millions of businesses, especially in emerging markets, to connect to the global economy. The company facilitates transactions across borders, manages funds in multiple currencies, and supports business growth. The event will be accessible via a live webcast and replay on the Payoneer Investor Relations website.
growth-negative
Down More Than 40%: These 2 ‘Strong Buy’ Stocks Flirt With a Bottom
Klaviyo, Inc., a B2C CRM software company, has seen its stock fall by 41% this year despite its strong market position and AI-driven marketing tools. The company, valued at over $7 billion, provides personalized services and automation for enterprise clients. Recent stock performance issues include concerns over valuation and significant stock sales by CEO Andrew Bialecki, who sold over $15.5 million worth of shares in September and October. Additionally, a secondary stock offering during the summer added 6.5 million shares to the market. Despite these challenges, analysts still see potential in the companys fundamentals.
Public Trading
| Sector | Fintech & Insurtech |
Funding
| Total funding | $577M |
| Last funding | Undisclosed |
| Stage | Public |
| Rounds | 12 |
| Investors | 21 |
Team Members
5
Employees: 500+
Web & Social Links
| Website | www.payoneer.com |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Ha-Yetsira St 13, Petah Tikva, Israel
150 West 30th Street, New York, NY 10001, USA
Photos & Videos
5 item(s)
Payoneer Global Business
Business models
B2B
Product stage
Released
Employees
500+
Sector
Fintech & InsurtechMoney Transfer & ManagementTarget Customer
Financial ServicesFinancial InstitutionsBanksEnterprise & Professional ServicesSMBs & SMEsConsumersProfessionals & Gig EconomyFreelancersOnline RetailersCore Technology
Platforms & InterfacesMobileWebTags (1)
fintechGeographic Markets
SpainSouth KoreaUkraineIsraelVietnamArgentinaHong KongIndiaGibraltarGermanyUnited KingdomSingaporeUnited StatesPhilippinesChinaJapanPakistanPayoneer Global Financials
$577M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Public
Funding stage
12
Total rounds
21
Investors
Cumulative Funding Raised Over Time ($)
$50.0MAug 2015
$50.0MDec 2017
$50.0MFeb 2021
$52.0MJan 2005
$60.0MJul 2008
$67.0MJun 2012
$367.0MJun 2021
$371.0MMar 2007
$396.0MMar 2014
$576.0MOct 2016
$577.0MSep 2014
Private Equity Funding
PIPE
Jun 2021
$300M
Fidelity Management & Research Company, Dragoneer Investment Group, Wellington Management
Secondary Round
Feb 2021
Undisclosed
Big-Tech R&D 50
E Round
Dec 2017
Undisclosed
CBC Capital
E Round
Oct 2016
$180M
TCV (Lead)
,
83North, Viola Ventures, Susquehanna Growth Equity, Loeb.nyc
E Round
Aug 2015
$50M
Susquehanna Growth Equity, Wellington Management
D Round
Sep 2014
$1M
Nyca Partners (Lead)
D Round
Mar 2014
$25M
Susquehanna Growth Equity (Lead)
,
Greylock, Viola Ventures, Ping An Ventures, Vintage Investment Partners
C Round
Jun 2012
$7M
Viola Ventures, 83North
B Round
Jul 2008
$8M
Viola Ventures, Greylock
A Round
Mar 2007
$4M
Greylock, Crossbar Capital
Seed
Jan 2005
$2M
Zohar Gilon, Ilan Kaufthal, Michael Loeb, Yuval Tal, Charlie Federman
Public Offering / Exit
SpacEvent
Jun 2021
Undisclosed
Mergers & Acquisitions
MNAEvent
Aug 2024
$61M
MNAEvent
Aug 2023
$4M
MNAEvent
Dec 2019
Undisclosed
MNAEvent
May 2016
Undisclosed
Payoneer Global Lifecycle
Cumulative Funding Raised Over Time
$50.0MAug 2015
$50.0MDec 2017
$50.0MFeb 2021
$52.0MJan 2005
$60.0MJul 2008
$67.0MJun 2012
$367.0MJun 2021
$371.0MMar 2007
$396.0MMar 2014
$576.0MOct 2016
$577.0MSep 2014
All Events
PIPE
Jun 2021
$300M
Fidelity Management & Research Company, Dragoneer Investment Group, Wellington Management
Secondary Round
Feb 2021
Undisclosed
Big-Tech R&D 50
E Round
Dec 2017
Undisclosed
CBC Capital
E Round
Oct 2016
$180M
TCV (Lead)
,
83North, Viola Ventures, Susquehanna Growth Equity, Loeb.nyc
E Round
Aug 2015
$50M
Susquehanna Growth Equity, Wellington Management
D Round
Sep 2014
$1M
Nyca Partners (Lead)
D Round
Mar 2014
$25M
Susquehanna Growth Equity (Lead)
,
Greylock, Viola Ventures, Ping An Ventures, Vintage Investment Partners
C Round
Jun 2012
$7M
Viola Ventures, 83North
B Round
Jul 2008
$8M
Viola Ventures, Greylock
A Round
Mar 2007
$4M
Greylock, Crossbar Capital
Seed
Jan 2005
$2M
Zohar Gilon, Ilan Kaufthal, Michael Loeb, Yuval Tal, Charlie Federman
SpacEvent
Jun 2021
Undisclosed
MNAEvent
Aug 2024
$61M
MNAEvent
Aug 2023
$4M
MNAEvent
Dec 2019
Undisclosed
MNAEvent
May 2016
Undisclosed
Payoneer Global News
127 articles
growth-positive
Evaluating Payoneer (PAYO): How Revenue Growth and Buybacks Impact Its Current Valuation
Payoneer Global is experiencing impressive revenue growth and is actively engaging in share repurchases, which are contributing to stronger returns for investors. Despite these positive developments, the companys share price has declined significantly this year, with a year-to-date return of -39.7%. Analysts believe there is still sizable upside potential if Payoneers ambitious roadmap is successfully executed. The company is investing in blockchain and stablecoin infrastructure, which could enhance its real-time cross-border treasury management capabilities. However, the market remains cautious due to potential competition from disruptive fintechs and the risk of rapid blockchain adoption affecting transaction volumes. Payoneers current price-to-earnings ratio is higher than the industry average, indicating a premium that could pose valuation risks if market optimism diminishes.
growth-negative
Payoneer Global Inc. (PAYO) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Payoneer Global Inc. is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2025. The earnings report, expected on November 5, could influence the companys stock price depending on whether the results meet, exceed, or fall short of expectations. The company is projected to post quarterly earnings of $0.06 per share, a 45.5% decrease from the previous year, with revenues expected to rise by 6.1% to $263.46 million. Analysts have revised the consensus EPS estimate upwards by 19.06% over the past 30 days. The Zacks Earnings ESP model suggests that a positive earnings surprise is likely if the companys earnings exceed the consensus estimate.
growth-negative
1 of Wall Street’s Favorite Stock with Impressive Fundamentals and 2 We Brush Off
The article discusses the financial outlook of three companies: Driven Brands, AT&T, and Payoneer. Driven Brands, with a network of automotive service centers, is facing challenges as its organic revenue growth has fallen short, and its returns on capital are eroding. The companys high net-debt-to-EBITDA ratio may lead to the need for dilutive equity offerings. AT&T is experiencing declining sales and profitability, with an expected increase in capital intensity. Payoneer, a financial technology service provider, is highlighted for its potential upside in stock value. The article emphasizes the importance of cautious optimism when considering Wall Streets price targets.
CustomersInvestment
growth-positive
Payoneer to Report Third Quarter 2025 Results on November 5, 2025
Payoneer Global Inc., a financial technology company, will announce its Third Quarter 2025 financial results on November 5, 2025. The company will host a conference call and earnings webcast on the same day to discuss the results. Payoneer provides a financial platform for cross-border business and global payments, empowering millions of businesses, especially in emerging markets, to connect to the global economy. The company facilitates transactions across borders, manages funds in multiple currencies, and supports business growth. The event will be accessible via a live webcast and replay on the Payoneer Investor Relations website.
growth-negative
Down More Than 40%: These 2 ‘Strong Buy’ Stocks Flirt With a Bottom
Klaviyo, Inc., a B2C CRM software company, has seen its stock fall by 41% this year despite its strong market position and AI-driven marketing tools. The company, valued at over $7 billion, provides personalized services and automation for enterprise clients. Recent stock performance issues include concerns over valuation and significant stock sales by CEO Andrew Bialecki, who sold over $15.5 million worth of shares in September and October. Additionally, a secondary stock offering during the summer added 6.5 million shares to the market. Despite these challenges, analysts still see potential in the companys fundamentals.
Public Trading
growth-positive
Is Payoneer (PAYO) One of the Best Fintech Stocks to Buy?
Payoneer Global Inc. (NASDAQ:PAYO) is highlighted as one of the best fintech stocks to buy, according to analysts. On October 6, Needham reaffirmed its Buy rating with a price target of $10 after discussions with Payoneers CEO and executives. The company is not significantly challenged by recent US tariff increases on China and is exploring ways to increase its take-rates. Stablecoins and new products are seen as potential growth drivers. Payoneers valuation is considered inexpensive, with an enterprise value to EBITDA ratio of 6.5x for fiscal year 2026. The company provides a cross-border payments platform for businesses, freelancers, and online sellers.
growth-positive
3 Cash-Heavy Stocks to Target This Week
The article highlights three companies with strong net cash positions, showcasing their financial discipline and growth potential. Copart, an online auction platform for damaged and salvage vehicles, has demonstrated impressive revenue and earnings growth over the past five years. With a strong free cash flow margin, Copart is well-positioned to reinvest or return capital. Nextracker, a provider of solar tracker systems, has a robust sales pipeline and expanding free cash flow margin, enhancing its investment flexibility. Payoneer, a financial technology service provider, facilitates global payments for small and medium-sized businesses. These companies are noted for their ability to leverage their balance sheets for growth.
growth-positive
1 Oversold Stock Set for a Comeback and 2 We Ignore
The article discusses the performance of three companies: Tenable, Leslies, and Payoneer. Tenable, known for its Nessus vulnerability scanner, has seen weak billings growth and a potential slowdown in demand. Leslies, a retailer of pool and spa supplies, is facing challenges with declining same-store sales and cash flow margins. Payoneer, a financial technology company, stands out with a positive outlook due to its significant market share increase and strong revenue growth, supported by share buybacks. The article suggests caution with Tenable and Leslies, while Payoneer is seen as a promising investment.
growth-positive
Payoneer (PAYO): Assessing Valuation as Bullish Analyst Commentary Follows Strong Five-Year Revenue Growth
Payoneer Global has been identified as a bullish stock pick due to its 25% annual revenue growth over the past five years and rising earnings per share. Despite recent declines in share price, the company is seen as undervalued with a fair value of $9.81 compared to its last close at $5.85. Strategic partnerships with Stripe and Mastercard are enhancing Payoneers product offerings and customer engagement, potentially supporting long-term revenue growth. However, competition in the fintech sector and regulatory challenges could impact future growth. The companys price-to-earnings ratio is higher than industry averages, indicating a premium valuation that may limit upside if market sentiment changes.
Partners
growth-positive
1 Russell 2000 Stock to Target This Week and 2 Facing Headwinds
The article discusses three companies within the Russell 2000 index, highlighting Payoneer as a potential breakout winner due to its impressive market share increase and exceptional revenue growth of 25.6% annually over the last five years. Payoneers financial technology services have enabled small and medium-sized businesses to conduct international payments efficiently. The companys strategy of share repurchases has significantly boosted shareholder returns, with earnings per share growing by 266% over the last two years. In contrast, Hanesbrands and NCR Atleos are expected to underperform due to stagnant sales and declining profitability.
growth-positive
2 Reasons PAYO Has Explosive Upside Potential
Payoneer, a financial technology company, has been in a holding pattern since April 2025, with its stock showing a small return of 1.6% and underperforming the S&P 500. Despite this, Payoneer has demonstrated strong revenue growth, with a 25.6% compounded annual growth rate over the past five years, indicating its offerings resonate with customers. The companys earnings per share (EPS) have turned positive over the last three years, marking an inflection point. The article suggests that Payoneers current stock price might present a buying opportunity, given its high-quality business model and potential for future growth.
growth-negative
TPG, StepStone Group, P10, Bread Financial, and Payoneer Stocks Trade Down, What You Need To Know
The article discusses the impact of potential U.S. government shutdown on the stock market, highlighting increased market volatility and decreased investor confidence. The political standoff has led to a risk-off mood among traders, with concerns about economic disruption. Additionally, U.S. consumer confidence has fallen to a five-month low, indicating growing pessimism about inflation and the job market. This decline in consumer confidence could negatively affect companies reliant on discretionary spending. Several stocks, including Payoneer, experienced declines, with Payoneer falling 4.8%. Despite the volatility, the market does not perceive this news as fundamentally altering Payoneers business outlook.
growth-positive
Can Payoneer (PAYO) Sustain B2B Growth and Profitability Amid Market Challenges
Payoneer Global Inc. is focusing on profitable growth, particularly in the B2B segment, which expanded by 37% in the first half of 2025. The company maintains strong financial discipline with steady EBITDA margins and increased customer balances. Recent partnerships, such as the collaboration with Stripe to expand its Online Checkout service in APAC markets, are strengthening its market position. The company is well-positioned to capture a larger share of the cross-border payments market, supported by licensing in mainland China. Despite the positive outlook, the article suggests that certain AI stocks may offer greater investment potential.
PartnersCustomers
growth-positive
Survey Reveals Ongoing Financial Strain as Majority of Americans Depend on Timely Paychecks
PayrollOrg conducted the 2025 Getting Paid In America survey, revealing that 78% of American workers would face financial difficulty if their paycheck were delayed by a week. This highlights a financial wellness crisis among workers, emphasizing the need for comprehensive financial wellness benefits. The survey indicates a growing demand for earned wage access (EWA) programs, which are becoming essential for financial resilience. The survey was part of PayrollOrgs National Payroll Week campaign, aiming to educate employees on maximizing their paychecks. The findings suggest that companies should consider offering financial wellness benefits to support their employees.
growth-positive
Payoneer Global Inc. (PAYO): A Bull Case Theory
The article presents a bullish thesis on Payoneer Global Inc., highlighting its strong position in the cross-border payments industry, which is expected to grow significantly through 2030. Payoneer focuses on SMBs, marketplaces, and enterprise payouts, with notable growth in B2B payments. The company benefits from its presence in high-growth regions and strategic acquisitions, such as Easylink in China. Despite risks like reliance on partners and regulatory challenges, Payoneer is seen as undervalued with a potential 25% upside in share price. The management team is experienced, and institutional investors hold a significant share of the company.
CustomersPartnersAcquisitionManagement Changes
growth-positive
PayrollOrg to Deliver Next-Level Leadership Training at the Payroll Leaders Conference September 14 - 17
PayrollOrg is set to host the Payroll Leaders Conference (PLC) from September 14-17 in Las Vegas, focusing on next-generation training for payroll leaders. The event will feature keynotes from industry experts and offer four transformational certificate programs, including Foundations of Payroll Analytics and Strategic Leadership. The conference will also spotlight the Payroll Prism Awards, recognizing excellence in payroll management. Sponsored by activpayroll, the event aims to equip current and aspiring payroll leaders with new skills to navigate todays dynamic workplace.
growth-positive
The Payoneer co-founder, who recently set up a new AI startup named Linguana, spoke at Calcalist's AI Conference about the transformative opportunities for creators and startups.
Linguana, a new AI startup founded by Yuval Tal, co-founder of Payoneer, is focused on developing a global distribution and monetization platform for creators. At Calcalists AI Conference, Tal discussed the transformative potential of AI in content creation, emphasizing the opportunities it presents for creators and startups. Linguana raised $8.5 million from notable investors, including Oren Zeev and 2LVC. The company leverages AI to optimize localization and content adaptation, aiming to make global content feel native. Tal highlighted the commercial implications of AI in advertising and data monetization, showcasing Linguanas role in lowering barriers for creators and small teams.
Investment
growth-positive
Why Payoneer Global (PAYO) Might be Well Poised for a Surge
Payoneer Global Inc. is experiencing a positive shift in its earnings outlook, with analysts raising their earnings estimates for the company. This optimism is reflected in the companys stock performance, which has seen a 10.7% increase over the past four weeks. The Zacks Rank system, which evaluates stocks based on earnings estimate revisions, has given Payoneer a Rank #2 (Buy), indicating strong potential for further growth. The companys earnings per share (EPS) estimates for the current quarter and full year have been revised upwards, suggesting a promising future for the stock. Investors are encouraged to consider adding Payoneer to their portfolios.
growth-positive
PayrollOrg's National Payroll Week, September 1-5, 2025, Offers Scholarships, Free Paycheck, and a Food & Fuel Grand Prize
PayrollOrg (PAYO) is set to celebrate National Payroll Week (NPW) from September 1–5, 2025, highlighting the contributions of payroll professionals and workers. The event will offer scholarships, financial education, and prizes, including a bonus paycheck and money for gas and groceries. The Money Matters program will educate young adults on paycheck fundamentals, with Chime Workplace sponsoring scholarships for students pursuing further education. The event aims to enhance financial literacy and understanding of payroll processes. National Payroll Week is supported by sponsors such as ADP, Chime Workplace, Money Network, rapid!, UKG, and media partner 3Sixty Insights.
growth-positive
Wall Street Analysts See a 41.42% Upside in Payoneer Global (PAYO): Can the Stock Really Move This High?
Payoneer Global Inc. (PAYO) has seen a 2.3% increase in its stock price over the past four weeks, closing at $6.76. Analysts have set a mean price target of $9.56, indicating a potential 41.4% upside. The estimates vary, with the lowest at $7.00 and the highest at $12.00, showing a standard deviation of $1.67. Analysts agree that Payoneer will report better-than-expected earnings, which could further boost the stock. However, the reliability of price targets is questioned, as they often reflect business incentives rather than accurate predictions. Despite this, the consensus among analysts suggests a positive outlook for Payoneers stock.
growth-positive
Payoneer to Participate in the Goldman Sachs Communacopia + Technology Conference
Payoneer Global Inc., a financial technology company, announced that its CEO, John Caplan, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 9, 2025. The event will be accessible via a live webcast on the companys investor relations website. Payoneer provides financial tools and services to businesses, particularly in emerging markets, to facilitate global transactions and growth. The announcement highlights Payoneers role in empowering businesses to manage cross-border payments and funds across multiple currencies.
growth-positive
A Look at Payoneer (PAYO)'s Valuation Following Its Strategic Stripe Partnership and APAC Expansion
Payoneer Global has announced a strategic partnership with Stripe to enhance its Online Checkout platform, expanding its reach into the Asia Pacific region, including China and Hong Kong. This partnership aims to provide small business customers with more payment options, potentially improving conversion rates and the ecommerce experience. Despite these advancements, Payoneers stock performance has been flat, with shares down 31% year-to-date. Analysts view the company as undervalued, citing strong revenue growth prospects and strategic partnerships as key factors for future resilience. The company is also expanding its B2B payments and value-added services, which are expected to drive revenue and margin growth.
PartnersCustomers
growth-negative
Digital payments firm halts full-year forecast as market pressures mount.
Payoneer, a digital payments firm, is exploring a potential sale as it faces a challenging financial landscape. The company, which went public in 2021 through a $3.3 billion SPAC merger, has seen its market capitalization drop to $2.4 billion. Recently, Payoneer suspended its full-year 2025 financial guidance due to global economic uncertainties, despite reporting a 16% increase in revenue and significant growth in B2B SMB revenue. The company has expanded its regulatory presence in China and acquired the Chinese payments firm Easylink. However, the decision to halt guidance and seek potential acquirers indicates internal concerns about future performance. Payoneer has not commented on the sale process, but the move suggests a strategic shift in response to market skepticism about cross-border fintech risks.
Acquired-byAcquisitionPublic Trading
growth-positive
חברת ההייטק שעוזבת את פתח תקווה לגלילות, וכמה היא תשלם | בלעדי
Israeli fintech company Payoneer has signed a lease agreement to move its offices to the BIG-Allied office tower in Glilot, near Cinema City in Ramat Hasharon, after 19 years in Petah Tikva. The company will occupy six floors (17-22) of the 44-story building, totaling approximately 12,000 square meters, with 400 parking spaces for employees. The annual cost is estimated at $6 million. The move, led by Chief Product Officer Oren Ringler, is part of Payoneers strategy to enhance innovation, growth, and employee welfare. The full relocation is planned for March 2026. The project is managed by Factor-Savills, with design by Seter Architects and legal support from Herzog Law Firm.
Expand
growth-positive
Payoneer acquires Singapore payroll co Skuad
Israeli fintech company Payoneer Global has announced the acquisition of Singapore-based global workforce and payroll management company Skuad for $61 million in cash and up to $20 million in future milestone payments. The acquisition is part of Payoneers strategy to provide a comprehensive financial stack for SMBs operating internationally. The announcement coincided with Payoneers Q2 financial results, which showed a 16% increase in revenue to $239.5 million, but a 29% decrease in net profit to $32.4 million.
AcquisitionPublic Trading
Payoneer Reports Second Quarter 2024 Financial Results
growth-positive
With 64% ownership, Payoneer Global Inc. (NASDAQ:PAYO) boasts of strong institutional backing
Payoneer Global Inc. has a high level of institutional ownership, with institutions holding a 64% stake in the company. The top 10 shareholders own 51% of the company. This high level of institutional investment is generally viewed positively, as it implies that analysts have reviewed the stock and approve of it. However, if multiple institutions change their view on a stock simultaneously, the share price could drop quickly. TCMI Inc. is the companys largest shareholder, owning 11% of shares. Private equity firms hold a 17% stake in Payoneer Global.
Investment
Payoneer to Report Second Quarter 2024 Results on August 7, 2024
SMBs Turn to AI, Supply Chain Diversification, and New Trade Corridors to Grow Across Borders Despite Headwinds, Global Research by Payoneer Finds
Payoneer to Present at the William Blair Annual Growth Stock Conference
growth-negative
Director Avi Zeevi Sells 26,264 Shares of Payoneer Global Inc (PAYO)
On May 15, 2024, Avi Zeevi, Director at Payoneer Global Inc, sold 26,264 shares of the company. This transaction was filed with the SEC on the same day. Over the past year, Zeevi has sold a total of 449,960 shares with no recorded purchases. Payoneer Global Inc is a financial services company that provides online money transfer and digital payment services. The companys shares were priced at $5.9 on the day of the sale, valuing the transaction at approximately $154,857.6. The companys market cap is approximately $2.188 billion.
Public Trading
growth-negative
Insider Sale: Director Avi Zeevi Sells 94,342 Shares of Payoneer Global Inc (PAYO)
On May 9, 2024, Avi Zeevi, Director at Payoneer Global Inc, sold 94,342 shares of the company. This transaction was filed with the SEC on the same day. Over the past year, Zeevi has sold a total of 394,342 shares and has not made any purchases. Payoneer Global Inc is a financial services company that provides online money transfer and digital payment services. On the day of the sale, shares of Payoneer Global Inc were priced at $5.9, resulting in a market cap of approximately $2.18 billion.
Public Trading
Growth-Positive
Payoneer Global First Quarter 2024 Earnings: Beats Expectations
Payoneer Global has reported its first quarter 2024 results, showing a 19% increase in revenue to $228.2m and a 265% increase in net income to $29.0m. The companys profit margin also increased from 4.1% in 1Q 2023 to 13% in 1Q 2024. The companys earnings per share (EPS) also increased from $0.022 in 1Q 2023 to $0.081 in 1Q 2024. The companys shares are up 18% from a week ago. Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years.
Public Trading
Payoneer Reports First Quarter 2024 Financial Results
Payoneer to Report First Quarter 2024 Results on May 8, 2024
growth-positive
Payoneer Global Full Year 2023 Earnings: EPS Beats Expectations
Payoneer Global has reported its full year 2023 results, showing a significant increase in revenue and net income compared to the previous year. The companys revenue was $831.1m, up 32% from FY 2022, and its net income was $93.3m, a significant increase from the $12.0m loss in FY 2022. The companys profit margin was 11%, up from a net loss in FY 2022. The companys EPS was $0.26, up from a $0.034 loss in FY 2022. The companys shares are down 8.8% from a week ago.
Customers
growth-positive
Payoneer Global Inc. (NASDAQ:PAYO) Q4 2023 Earnings Call Transcript
Payoneer Global Inc. reported its Q4 2023 earnings inline with expectations, with a reported EPS of $0.05. The company saw a 32% revenue growth and 25% adjusted EBITDA margins in 2023. It also reported approximately 2 million active customers and 516,000 who meet their ideal customer profile for ICPs. The company also announced two acquisitions in 2023 and initiated its first share repurchase program in May of 2023. Looking forward, the company plans to focus on increasing the number of ICPs on its platform, enhancing its AP tools and adding to its financial stack to increase its utility to customers.
CustomersManagement Changes
Payoneer to Participate in a Fireside Chat at the Wolfe Research FinTech Forum
growth-positive
Payoneer Global Inc (PAYO) Reports Robust Revenue Growth and Profitability Expansion for FY 2023
Payoneer Global Inc reported a 32% increase in annual revenue, reaching $831.1 million in 2023. The company also reported a net income of over $90 million, a significant improvement from a net loss in the previous year. The companys adjusted EBITDA saw a remarkable growth of 323%, reaching $205.1 million. The company also reported a 6% growth in Ideal Customer Profiles (ICPs), indicating a broader customer base. For 2024, the company projects its revenue to be between $875 million and $885 million, with adjusted EBITDA forecasted at $185 million to $195 million.
Customers
Payoneer Reports Fourth Quarter and Full Year 2023 Financial Results
Growth-Positive
Following a 4.6% decline over last year, recent gains may please Payoneer Global Inc. (NASDAQ:PAYO) institutional owners
Institutional investors hold a significant 65% stake in Payoneer Global Inc., with the top 10 shareholders owning 51% of the company. The largest shareholder is TCMI Inc., owning 12% of shares. The company also has a 17% ownership by private equity firms. Insider ownership is also present in the company, with insiders owning a stake worth US$85m. The general public, mostly individual investors, hold a 13% ownership. The article suggests that the large institutional ownership could influence the companys stock price and decisions.
Investment
growth-positive
Fintech currently 'a stock picker's sector,' analyst says
Benchmark Managing Director Mark Palmer has initiated coverage on five fintech stocks, including Block, with Buy ratings. Palmer believes that fintech valuations are currently disconnected from growth prospects. However, he notes that firms well-positioned to assist consumers during difficult economic times will continue to add sustainable value and see stock boosts. Block, which owns Cash App and Afterpay, is highlighted for prioritizing top-line growth as investors seek profitability. Palmer believes that Blocks pivot towards profitability will be beneficial for the companys valuation and stock.
Investment
Payoneer to Report Fourth Quarter and Full Year 2023 Results on February 28, 2024
growth-negative
Payoneer Global Inc CFO Beatrice Ordonez Sells 91,458 Shares
On February 9, 2024, Beatrice Ordonez, the CFO of Payoneer Global Inc, sold 91,458 shares of the company. This sale is part of a pattern of more sales than purchases among insiders over the past year. On the date of the sale, shares of Payoneer were trading at $5 each, giving the company a market capitalization of $1.863 billion. The price-earnings ratio of the stock stands at 36.79, which is above the industry median but below the companys historical median.
Management Changes
growth-positive
פיוניר חושפת: זה הפיתוח שיסייע כלכלית לעסקים קטנים ובינוניים
Payoneer, a financial technology company that empowers small and medium-sized businesses globally, has announced new features that enhance customer experience and help entrepreneurs connect easily to the global economy. The new feature, called Add Funds, allows customers to take control of their money. This feature provides financial flexibility and greater control over the use of money for inventory orders, service purchases, or payments to contractors through a Payoneer account.
CustomersExpand
Payoneer Introduces New Product Features to Propel Small Business Growth
Payoneer to Participate in a Virtual Fireside Chat with William Blair on December 12, 2023
Payoneer Reports Third Quarter 2023 Financial Results
Payoneer to Report Third Quarter 2023 Results on November 8, 2023
Payoneer and Etsy partner to make it easier for sellers in emerging markets to get paid
growth-negative
Director Avi Zeevi Sells 150,000 Shares of Payoneer Global Inc (PAYO)
On September 15, 2023, Avi Zeevi, a director at Payoneer Global Inc, sold 150,000 shares of the company. This is part of a larger trend, as Zeevi has sold a total of 300,000 shares over the past year. The companys shares were trading for $6.2 each, giving it a market cap of $2.146 billion. The companys price-earnings ratio is 199.17, significantly higher than the industry median of 27.27, suggesting that the stock may be overvalued. However, its lower than its historical median, indicating that the stock may be undervalued based on the companys own historical standards.
Management Changes
Payoneer and Airbnb Expand Long-Term Relationship to Allow Hosts in Additional Countries to Get Paid in Local Currency
growth-negative
לאחר 14 שנה - נשיאת פיוניר קרן לוי עוזבת את החברה | כלכליסט
Keren Levy, the president of the Israeli fintech company Payoneer, which is traded on NASDAQ, is resigning from the company after 14 years. In the last two years, Levy served as the companys president, and before that, she served for many years as the chief operating officer (COO). The company has not yet appointed a replacement for her.
Management Changes
growth-positive
Payoneer to Hold Its Inaugural Investor Day on September 21, 2023
Payoneer Global Inc. will host its first Investor Day to discuss its business model, long-term growth strategy, and shareholder value. The event is aimed at equity analysts and institutional investors and will be held on September 21, 2023. Payoneer is a financial technology company that empowers small and medium-sized businesses to transact and grow globally. Since its founding in 2005, Payoneer has built a global financial platform that has facilitated payments, fund management, and business growth for millions of SMBs, particularly in emerging markets. The company aims to enable anyone, anywhere to participate and succeed in the global digital economy. Payoneers forward-looking statements highlight its commitment to future financial and operating performance.
Investment
growth-positive
Payoneer to Participate in the Goldman Sachs Communacopia + Technology Conference
Payoneer Global Inc. announced that its CEO and CFO will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference. Investors and interested parties can access the webcast and replay of the presentation on the companys investor relations website. Payoneer is a financial technology company that empowers small and medium-sized businesses to transact and grow globally. Since its founding in 2005, Payoneer has built a global financial platform that has made it easier for millions of SMBs, particularly in emerging markets, to manage their funds and grow their business.
InvestmentManagement Changes
growth-positive
Payoneer Singapore Secures Major Payment Institution License to Empower SMEs
Payoneer Singapore, a subsidiary of Payoneer Global Inc., has been granted a Major Payment Institution License from the Monetary Authority of Singapore. The license will enable Payoneer Singapore to enhance its product offerings and roll out new services in Singapore. The company plans to onboard new partners and engage in higher-value transactions. Payoneer sees this license approval as a validation of its commitment to building a robust and transparent platform. The company aims to prioritize the implementation of local services in Singapore and foster a strong relationship with MAS. Payoneer is a financial technology company that empowers small and medium-sized businesses to transact and grow globally.
PartnersExpand
growth-positive
Payoneer Reports Second Quarter 2023 Financial Results
Payoneer Global Inc. has reported a 40% year-over-year increase in its quarterly revenue. The company also announced plans to acquire a licensed China-based payment service provider to support its fast-growing China business. The acquisition is subject to customary closing conditions and regulatory approvals. Additionally, Payoneer has seen a 6% active ICP growth year-over-year, including a second consecutive quarter of 18% growth in larger ICPs. The company also acquired Spott, a real-time data platform, on August 2, 2023.
AcquisitionExpand
growth-positive
Israeli AI Startup Spott Acquired by Payoneer
Payoneer, an Israeli fintech company, has announced its acquisition of Spott, an AI-based data platform also based in Israel. The acquisition will provide Payoneer with advanced capabilities to better understand and serve its customers, particularly small and medium-sized businesses (SMBs). The technology will initially be used to improve underwriting capabilities within Payoneer’s working capital products. Spotts co-founders, CEO Amit Batzir, and CTO Roma Bronstein will join Payoneer’s Technology team.
Acquisition
growth-positive
Payoneer Adds Capabilities With Acquisition of Data Platform, Spott
Payoneer, a global financial technology company, has announced the acquisition of Israel-based Spott, a real-time data platform that uses AI for business decision-making. The acquisition will allow Payoneer to better understand and serve its customers, particularly small and medium-sized businesses (SMBs). Spotts technology will be used to analyze large sets of data to make predictions and decisions about Payoneers service offerings. The first application of the technology will be on Payoneers working capital products to enhance underwriting capabilities.
AcquisitionExpand
Payoneer Expands Data Capabilities With Spott Acquisition
growth-positive
Payoneer Releases Inaugural Global Impact Report
Payoneer, a financial technology company, has released its first annual Global Impact Report. The report outlines the companys environmental, social, and governance (ESG) priorities and shares baseline ESG metrics. The report covers five key impact pillars: customer development, community engagement, employee wellbeing, governance, and environmental action. Highlights include the companys commitment to supporting customers in emerging markets, the establishment of a global volunteer program, diversity initiatives, emphasis on data security and privacy policies, and the companys first third-party greenhouse gas (GHG) assessment.
CustomersEmployee WellbeingGovernanceEnvironmental Action
growth-positive
SMBs Driving Globalization as the Ticket for Growth, New Research From Payoneer Shows
Payoneer, a financial technology company, has released results from its inaugural SMB Ambitions Barometer, which surveyed 3,575 SMB owners and decision-makers across 15 markets. The research found that 72% of SMBs believe expanding into overseas markets results in increased revenue, but only 41% are seizing the opportunity. The survey also revealed that SMBs expect to almost double the number of vendors between 2020 and 2024, and that the proportion of international vendors will grow from 10% today to 48% by 2024. However, global supply chain disruptions and cross-border payment infrastructure challenges remain top concerns.
CustomersExpand
Neutral
Payoneer to Announce Second Quarter 2023 Results on August 8, 2023
Payoneer, a financial technology company that empowers small and medium-sized businesses to transact and grow globally, will announce its Second Quarter 2023 financial results on August 8, 2023, before the market opens. Senior management will host a conference call and earnings webcast to discuss the financial results at 8:30 a.m. Eastern Time the same day. A live webcast and replay of the event will be available on the Payoneer Investor Relations website.
Public Trading
growth-negative
Payoneer to part with 200 employees, 10% of workforce | CTech
Israeli fintech company Payoneer is laying off 200 employees, about 10% of its workforce, mainly from the marketing and service departments. The layoffs are part of the companys desire to move towards profitable growth and are also influenced by lower-than-expected payment volumes in the first quarter of 2023. Payoneer, which went public through a merger with a SPAC in June 2021, operates in the payments and clearing market for small and medium-sized businesses. It recently launched a dedicated solution in partnership with Mastercard. The company aims to focus on larger and profitable customers and build a new generation of its payments platform. Payoneer expects to finish 2023 with a growth rate of about 30% and revenues of $810-820 million.
Layoffs
Globalization and development in the harsh conditions of war: Resilient Ukrainian SMBs are seeking growth
Payoneer to Present at the William Blair Annual Growth Stock Conference
Payoneer Reports First Quarter 2023 Financial Results
Payoneer Collaborates with Zoho to Provide a Seamless Payment Experience to their Customer Base
growth-positive
Rising Cost of Living Is Driving Collaborative Growth Opportunities for SMBs and Freelancers, Survey Shows
Payoneer has published its 2023 Freelancer Insights Report, which reveals that almost half of surveyed freelancers have seen an increase in demand for their work from global businesses compared to 2021. Over half of the freelancers have taken on more work in response to the rising costs of living. The report highlights the continued rise in demand for freelance services as businesses outsource services to cut costs. The survey also shows that the fields of programming, marketing, project management, and web design have seen the most significant increases in demand over the past year. Payoneers Chief Growth Officer, Adam Cohen, emphasized the opportunities for small businesses to tap into the global freelancer economy and the mutually positive impact of SMBs and freelancers on each other.
Customers
Sharda Caro del Castillo, Global Fintech and Payments Leader, Joins Payoneer’s Board of Directors
Resilient Entrepreneurs Recognized for Global Impact in Seventh Annual Payoneer Entrepreneurship Awards
growth-positive
Payoneer eyeing return to profit through focus on larger SMBs | CTech
Israeli fintech company Payoneer has reported a 30% increase in revenues in 2022 and expects to reach over $800 million in revenue this year. The company has appointed a new CEO and CFO and plans to focus on more profitable customers. Payoneers stock surged by over 13% on the news, and its market cap increased to over $2.3 billion. The company aims to become more efficient and reach profitability by targeting larger, more profitable SMBs and investing in its technology platform. Payoneer plans to double its adjusted EBITDA and expects its high-value services to continue growing faster than the overall business. Despite a reduction in operations in Russia, Payoneers revenues for the year increased by 30% to $627.6 million. The company forecasts a 28% growth in 2023, reaching revenues of over $800 million.
CustomersManagement ChangesExpand
Payoneer to Participate in the Wolfe FinTech Forum
Payoneer’s Board of Directors Appoints John Caplan as CEO Effective March 1
Payoneer Reports Fourth Quarter and Full Year 2022 Financial Results
Payoneer receives UK E-Money license from Financial Conduct Authority
Salt Security Appoints Gilad Gruber as Senior Vice President of Engineering
Payoneer Global Inc. to Announce Fourth Quarter and Full Year 2022 Results on February 28, 2023
growth-positive
Payoneer Strengthens Organization With New Executive Hires
Payoneer Global Inc. has announced new executive hires within its Go-To-Market and Corporate Development teams. The company has appointed Adam Cohen as Chief Growth Officer, Kivanc Onan as SVP Global Product Commercialization, and Kevin Ambrosini as SVP Corporate Development. These changes aim to strengthen Payoneers customer focus and drive sustainable profitable revenue growth. Payoneer is focused on leveraging its global network to achieve continued growth, scale, and operating efficiency. The company remains committed to its long-term goal of achieving 20% revenue growth and 20% adjusted EBITDA margins. Robert Clarkson, the current Chief Revenue Officer, will step down from his role on February 15, 2023.
Management Changes
Investing in Payoneer Global (NASDAQ:PAYO) a year ago would have delivered you a 11% gain
Payoneer Announces CFO Transition and Provides Update on 2022 Financial Results
Growth-Positive
Alibaba.com Announces Recipients of 2022 Manifest Grants Program, Commits US $750,000 to 50 Innovative American Small Businesses
Alibaba.com, a B2B e-commerce marketplace and a business unit of Alibaba Group, announced the 50 recipients of its second annual Manifest Grants Program. The winners, representing a broad range of industries across the United States, will each receive US $10,000 and resources from Alibaba.com and Manifest Grants Program partners to help them continue to innovate and build their businesses. This years program attracted nearly double the number of applicants compared with last year, with 23,000 American small business owners presenting their new product ideas and go-to-market strategies for consideration.
InvestmentPartners
growth-positive
Payoneer receives in-principle regulatory approval in Singapore
Payoneer, a commerce technology company, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). This license will allow Payoneer to offer additional payments services such as mass payout and card offerings to companies located in Singapore. The approval is a testament to Payoneers dedication to building a highly secure and effective platform to provide the best services to its customers. Payoneer already holds licenses or registrations in the United States, Europe, Hong Kong, Japan, Australia, and India.
CustomersPartnersExpand
UK Businesses Preparing for Sales to Get Worse Before They Get Better, Survey Shows
Payoneer Announces Third Quarter 2022 Financial Results
Payoneer to Present at Upcoming Investor Conferences
growth-positive
מקצים משאבים: שתי סמנכ"ליות משאבי אנוש חדשות ב-Payoneer - וואלה! כסף
Payoneer has appointed Michal Adam as the Global Chief People Officer and Tamar Lidor as the Chief People Officer for the Israeli branch. Adam will lead the HR department for the company globally, while Lidor will head HR for the Israeli branch. Payoneer offers digital financial transformation services worldwide, with clients including Airbnb, Amazon, Google, and eBay. The company enables businesses to sell their products globally and receive payment in local currency, complying with financial regulations. Adam has been with Payoneer for over four years and has brought a fresh perspective to the HR field in the tech industry. Lidor has over 20 years of experience in HR, particularly in the financial and technology sectors.
Management Changes
growth-positive
Payoneer appoints John Caplan as co-CEO CTech
Financial services company Payoneer has appointed John Caplan as co-CEO and Director, alongside current CEO Scott Galit. Caplan will assume leadership over the business organization and core corporate functions, while Galit will continue to oversee regulated activities and lead the delivery functions. The appointment is expected to create shareholder value and drive growth for the company. Payoneer, founded in 2005, provides digital commerce and borderless payment solutions to businesses, including leading brands like Airbnb, Amazon, Google, and Walmart.
Management Changes
Payoneer Announces Launch of Payoneer Checkout
growth-positive
נשיאת חברת הפינטק הגדולה לא מפחדת לדבר על חוסר ביטחון
The article is an interview with Eran Gefen, founder of G^Team, a strategic consulting company that helps businesses develop new growth engines. He has experience working with CEOs and management teams of leading companies, including Coca Cola, Volt, Microsoft, Strauss, and Kimberly Clark. A previous company he founded was acquired by WIX. The article also discusses Keren Levy, the president of Payoneer Israel, a payment platform that went public on NASDAQ in June at a valuation of $3.3 billion. Levy discusses the companys growth, challenges, and future plans.
Management ChangesPublic Trading
growth-positive
סבב מינויי בכירים בפיוניר לאחר ההנפקה: קרן לוי תמונה לנשיאת החברה כלכליסט
Fintech company Payoneer, recently listed on NASDAQ with a valuation of $3.3 billion, has announced a round of senior appointments. The most significant of these is the promotion of Keren Levy from COO and CEO of the Israeli branch to President of Payoneer. Levy will continue to manage Payoneer Israel after her appointment. Arnon Kraft, who has previously held senior roles at companies including Microsoft, will replace Levy as COO. Pamela Patsley, a well-known figure in the global fintech and payments sector, will join Payoneers board of directors.
Management ChangesPublic Trading
growth-negative
Payoneer dumped porn customers on way to Nasdaq
Israeli-US digital payments company Payoneer Global recently listed on Nasdaq through a SPAC merger, with a market cap of $3.3 billion. The companys past includes a connection with pornographic sites until 2016, which may have influenced its decision to list via SPAC rather than a conventional IPO. Payoneers digital wallet was used by customers in the live-pornography field, considered high-risk in the professional investment sector. In 2016, Payoneer halted these operations and increased its monitoring and supervision operations. Today, Payoneer focuses on large clients such as Amazon and eBay. The companys most famous investor is Israeli Prime Minister Naftali Bennett.
Public TradingCustomers
growth-positive
https://www.jpost.com/breaking-news/payoneer-set-for-us-ipo-today-672260
Payoneer, a provider of online payment solutions, is set to go public on the Nasdaq market through a special purpose acquisition company merger with FTAC Olympus Acquisition. The company is valued at $3.3 billion. Payoneers payment platform is used by millions of small businesses, marketplaces, and enterprises in 200 countries. The transaction includes a $300 million PIPE investment from various investors. The Chairman of the Board of Directors of FTAC Olympus Acquisition expressed confidence in Payoneers growth potential and its ability to expand its services through organic growth and strategic acquisitions.
Public TradingInvestmentAcquisition
growth-positive
Payoneer set for Nasdaq listing as SPAC approves merger
Payoneer Global, a digital payments company, will begin trading on Nasdaq after the approval of its merger with SPAC FTAC Olympus Acquisition Corp. The company will be listed at a valuation of $3.3 billion. Payoneer has developed a digital payments platform and has raised $145 million from investors. Its most recent financing round was completed at a valuation of $1.5 billion. In 2020, Payoneer reported revenue of $346 million, and in the first quarter of 2021, revenue was $101 million. The merger has received all regulatory approvals and Payoneer is entering the public markets.
Public TradingAcquisition
growth-positive
Payoneer to collaborate with eBay on payments solution
Payoneer is collaborating with eBay to enable sellers in select countries to get paid for their sales on eBays core marketplace. The collaboration aims to modernize eBays marketplace and provide a streamlined payment experience for sellers worldwide. Payoneer has been managing payouts for eBay sellers from Greater China and plans to expand the service to additional countries. Payoneer also announced its plan to go public later this year through a business combination with FTAC Olympus Acquisition Corp, with an estimated enterprise value of approximately $3.3 billion. The digitization wave during the pandemic has highlighted the importance of seamless global commerce. Payoneer processed $44.4 billion in volume in 2020, and FTOC has raised $750 million for the merger.
PartnersPublic TradingInvestment
growth-positive
Payoneer to go public after SPAC merger, that values payments company at more than $3 billion
Payoneer Inc. has announced a merger agreement with FTAC Olympus Acquisition Corp., a special purpose acquisition company. The merger will take Payoneer public, with an expected enterprise value of $3.3 billion. After the deal closes, the company will be named Payoneer Global Inc. and is expected to have up to $563 million in cash. FTAC Olympus stock rose 8.7% in premarket trading following the merger announcement. The merger is expected to occur during the first half of 2021.
AcquisitionPublic Trading
growth-positive
Payoneer in advanced talks to enter Nasdaq via SPAC
Israeli fintech company Payoneer is in advanced negotiations to merge with a SPAC company at a valuation of $2.5 billion to $3 billion. If the deal falls through, Payoneer plans to conduct an IPO. The company aims to go public in the next six months, with venture capital fund Viola being the main benefactor. Payoneer has previously considered going public in 2015 and 2019 but failed to materialize. The company has experienced growth due to the accelerated digitalization process during the COVID-19 pandemic. Payoneer provides online money transfer and digital payment services and has over four million customers in more than 20 countries. It has raised approximately $245 million to date and is backed by various investors.
Public TradingInvestmentAcquisition
growth-positive
We're never going back to a full office workweek, confirms Payoneer
Payoneers HR Manager discusses the companys response to Covid-19 and their plans for the future, including a hybrid model of remote and face-to-face work. The company temporarily halted recruitment efforts but is now in the middle of a hiring surge. They have taken steps to ensure the safety and well-being of their employees and have worked to maintain the companys culture while working remotely. Payoneer is actively recruiting for various positions and is adjusting their welfare and benefits activities to the new normal. They plan to continue remote working and are eager to bring back face-to-face interactions.
Expand
growth-positive
Payoneer for Banks Program Launches Around the Globe
Payoneer has announced partnerships with ten banks and eWallets in ten countries as part of its Payoneer for Banks program. The program aims to provide financial institutions with a seamless way to make or receive cross-border payments. The partnerships include both challenger and incumbent banks and eWallets in emerging and developed markets. Payoneers capabilities, such as low-cost international payments and access to global marketplaces, will be shared with the bank partners through API integrations. The program is expected to make it easier for businesses to transact across borders and provide value to both the banks and their customers. Payoneer is also finalizing additional partnerships with other institutions around the world.
Partners
growth-negative
Payoneer founder and president Yuval Tal to step down and join Team8's fintech fund
Yuval Tal, the founder and president of Payoneer Inc., will be stepping down from his position and joining the fintech fund of Team8. Tal will remain at Payoneer as an outside advisor. Payoneer has raised approximately $245 million to date from investors. Payoneer is recruiting 300 people, half of them in Israel. Tal previously founded Borderfree Inc. and it was acquired by Pitney Bowes Inc. at a $450 million valuation.
Management Changes
growth-positive
Israeli fintech powerhouse Payoneer recruiting 300 new employees globally
Payoneer, an Israeli fintech company, is expanding and recruiting 300 new employees, half of them in Israel and the other half across its branches worldwide. Over half of the positions are in R&D, including software engineers and IT. The company has seen increased demand for its online money transfer and digital payment services during the Covid-19 pandemic. Payoneer is considering an IPO and has a revenue of $300 million. The accelerated digitization process in various sectors has contributed to the companys growth.
Expand
growth-positive
JazzCash and Payoneer join hands to offer convenient funds handling solution to Pakistani freelancers
JazzCash, a company in Pakistan, has partnered with Payoneer to provide relief to local freelancers in receiving and transacting their money. The partnership allows freelancers to sync their Payoneer accounts with the JazzCash app, enabling them to withdraw their money from Payoneer to JazzCash and then transfer it to their personal bank account in less than an hour. JazzCash also offers the option to transfer money into any bank account instantly. The partnership aims to address the issue of receiving payments for freelancers in Pakistan. JazzCash provides various benefits such as low withdrawal amounts, favorable exchange rates, and instant funds transfer.
Partners
growth-positive
Payoneer to establish new office in Dublin
Payoneer is expanding globally with the establishment of a new office in Dublin. The company has obtained authorization as an Electronic Money Institution and passporting across the European Economic Area. This allows Payoneer to support sellers on leading eCommerce marketplaces and small businesses in Europe that sell goods and services worldwide. The CEO, Scott Galit, expressed gratitude for the license and highlighted the companys commitment to ensuring stability and continuity for its customers amidst regulatory changes triggered by Brexit.
CustomersPartners
growth-positive
CTalk: Payoneer Is in No Hurry to IPO, Says Founder
Payoneer, an online payment company, is not in a hurry to go public according to its founder and president, Yuval Tal. Tal expressed his support for Facebooks Libra and hopes that it can collaborate with regulators to make it work. Payoneer provides online money transfer and digital payment services and has raised approximately $245 million to date. Tal also discussed the importance of having financial flexibility as an entrepreneur. The interview took place at Calcalists The Future of Money conference in Tel Aviv.
Public TradingInvestment
growth-positive
Online Payment Company Payoneer Acquires German Payment Company Optile
Israel-based online payment company Payoneer Inc. has acquired Munich-based payment company Optile GmbH. Optiles team will continue working as an independent group within Payoneer. Payoneer provides online money transfer and digital payment services, with customers including Airbnb, Google, and Amazon.
Acquisition
growth-positive
Israel's Former Chief Economist Joins Online Payment Company Payoneer
Yoel Naveh, Israels former chief economist of the Ministry of Finance, has joined Payoneer Inc. as the head of its working capital division. Payoneer is an online payment company that provides money transfer and digital payment services. The company counts Google, Amazon, and Airbnb among its customers. Payoneer employs 1200 people, with 830 of them based in Israel.
Expand
growth-positive
Payoneer seeks funding round at $1b value - report
Payoneer, an Israeli cross-border payments platform company, has hired investment bank FT partners to explore raising another financing round from private investors. The company is also considering acquisitions and the financing round would be at a company value of over $1 billion. Payoneer has raised $270 million to date and has offices in New York and Hong Kong, with 1,200 employees worldwide.
Investment
https://finance.yahoo.com/news/channeladvisor-announces-strategic-alliance-payoneer-120000993.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADs_QaTMAoVi8cld6owUjJ7Z2c5r9GEmk78gqZIkdvs2OkiAUSJ_CUwh8zltCeXUEX827wXtdkH5ySLfP_B4kLRXob59Mw_YnGoIsk5srT3Yg4s2vLZa8OLLHnluPiibVIJSmYIFM4_qa5axN7vOIFXbufeq7EmklY7F3VFxHcKa
growth-positive
Payments firm Payoneer targets e-commerce sector for India expansion
Payoneer is exploring new lines of business in India, including a working capital product for e-commerce sellers. The company plans to introduce the product, called Early Payments, by the first week of July. Payoneer is onboarding non-banking financial companies and banking partners for this purpose. The move puts Payoneer in direct competition with digital lending platforms like Capital Float. Payoneer is also looking to expand its product base in India to include reputation management and partnering with payment gateways. The company provides low-cost international currency transactions, tax compliance features, and aggregated data and intelligence on inventory for businesses. Payoneer has a user base of 40 million monthly active users across 200 countries and is backed by CBC Capital, Ping An, and TVC Capital.
PartnersExpand
growth-positive
Israel-founded Payoneer eyes US IPO, private share offering
Payoneer, a fintech company specializing in payment processing technologies, is considering an initial public offering or private share offering in the US. The company is seeking a valuation of $1.2 billion to $1.5 billion and has enlisted the services of a US bank to explore its options. Payoneer has previously raised $280 million from investors including Susquehanna Growth Equity, Viola Ventures, Greylock Partners, and Vintage Investment Partners. The companys technology enables cross-border payments for 4 million businesses and professionals in over 200 countries using 150 currencies. Payoneer has partnerships with Amazon, Rakuten.com, Uber, Google, and Getty Images.
Public TradingInvestment
Payoneer Adds Financing Tool For Amazon Sellers
TopTracker Taps Payoneer For Freelancer Payouts
http://www.dnjournal.com/archive/lowdown/2018/dailyposts/20180711.htm
growth-positive
Payoneer launches Korea office, targeting SMEs selling globally via e-commerce
New York-based payments processing company Payoneer has officially launched a new office in South Korea, primarily targeting small and mid-sized businesses selling their products globally via online marketplaces like Amazon and Alibaba. The company facilitates cross-border transactions between an online marketplace and individual sellers. It processes customer payments made on e-commerce sites and then passes on the payments to sellers. Payoneers clients also include freelancers active on other online marketplaces such as Airbnb and Getty Images. The South Korea office will be led by Lee Woo-yong, Payoneer’s Country Manager for Korea.
ExpandCustomers
growth-positive
Payoneer Powers Cross-Border Payments for 3dcart
3dcart, an eCommerce platform, has partnered with Payoneer to transform the way they send cross-border payments to their eCommerce merchants worldwide. This partnership will allow 3dcart to send payments to over 200 countries and territories and distribute funds in over 150 currencies. Payoneers payment platform provides fast, low-cost, and flexible payment options. The partnership aligns with 3dcarts goal of providing their merchants with a reliable means of accepting international payments. Payoneers clients include industry giants like Airbnb, Amazon, Getty Images, Google, and Upwork. The partnership will open up new global opportunities for 3dcarts business.
Partners
UPS Capital teams up with Payoneer for cross-border B2B transactions
growth-positive
ShareASale Partners with Payoneer to Power Global Payments
ShareASale, a part of Awin and an advanced Affiliate Marketing Network, has partnered with Payoneer to provide cross-border payments to their publishers in over 50 countries. This partnership allows ShareASale to pay their publishers quickly, cost-effectively, and in their local currency, as well as drive growth into new markets. By integrating with Payoneer, ShareASale can utilize Payoneers low-cost payment options to seamlessly pay publishers in over 200 countries and territories. This partnership benefits ShareASale by improving their payment process and increasing publisher sign-ups from around the world.
Partners
growth-positive
Israeli digital payments co Payoneer raises $180m
Israeli digital payments company Payoneer has raised $180m in growth equity financing from TCV (Technology CrossOver Ventures) and Susquehanna Growth Equity. The investment includes $90m for expanding the company, while shareholders sold a stake worth a further $90m. The proceeds from the financing will be used to accelerate global growth and to enhance an already strong and debt-free balance sheet. Payoneer, which transforms the way businesses send and receive cross-border payments, was founded in 2005 in Israel and has raised $235m to date, including the latest financing round.
InvestmentExpand
growth-positive
Payoneer Releases Automated Tax Form Service
Payoneer has released an automated tax form service to its mass payout offering. The service allows clients to collect beneficiary information, create tax forms for IRS submission, and hold payments until the form is completed. This solution aims to make it easier for companies to onboard small suppliers, especially in emerging markets.
Customers
Growth-Positive
https://www.entrepreneur.com/article/276818
The article discusses a variety of payment tools and platforms that businesses can use to facilitate transactions. It provides a list of 25 payment tools, including Dwolla, Authorize.net, Braintree, 2Checkout, Square, Stripe, WePay, Popmoney, Due, PayPal, Heartland Payment Systems, Cybersource, Digital River, ecoPayz, Creditcall, Elavon Converge, Neteller, Nochex, Payoneer, PayXpert, Payment Depot, Worldpay, Payline Data, Charge.com, and Moneris Solutions. These tools offer features such as recurring billing, fraud protection, digital wallet tools, and the ability to handle ACH payments. The article emphasizes the importance of offering a wide range of payment options to attract more clients and ensure secure transactions.
CustomersPartners
growth-positive
Women in Business Q&A: Keren Levy, COO, Payoneer
The article features an interview with Keren Levy, the COO of Payoneer. Levy discusses her life experiences, previous employment, highlights and challenges at Payoneer, important lessons learned, work-life balance, issues for women in the workplace, and the impact of mentorship. She also mentions Payoneers growth and its goal to provide innovative B2B solutions for cross-border payments. The article does not mention any specific events or dates.
Expand
growth-positive
B2B payment service Payoneer acquires escrow-as-a-service platform Armor Payments
Payoneer has acquired Armor Payments, a digital escrow-as-a-service solution, to make B2B payments more secure. The acquisition aims to create an alternative to letters of credit in international business. Payoneer, a leading company in the global money transfer space, has a deep understanding of the market, especially in Asia. Armor Payments, a relatively new company, focuses on North America but will expand internationally after the acquisition. The integration of Payoneers global reach and Armor Payments escrow service will help B2B marketplaces become merchants by providing a digital B2B payments infrastructure. The financial details of the transaction were not disclosed.
Partners
growth-positive
Why Payoneer Thinks Now Is A Good Time To Enter In India
Payoneer, an online payments services company, is expanding into the Indian market to provide financial tools for tech-savvy Indian entrepreneurs. Despite regulatory challenges, Payoneer sees India as an important strategic focus and aims to meet the demand for cross-border payments in the country. Payoneer offers local business bank accounts, the ability to bill customers, and the option to withdraw funds to local bank accounts in Indian Rupees. The company believes it has an advantage in India with its attractive pricing and expertise in cross-border B2B payments. Payoneer sees India as part of a larger wave of growth in Asia and is optimistic about the opportunities in the region.
CustomersPartners
Online Retailer Linio in Deal With Payoneer to Ease Payment for Sellers
growth-negative
Payments Industry News & Analysis American Banker
The demise of FTX, a prominent crypto exchange, has left the crypto industry grappling with the consequences and uncertainties left in its wake. The aftermath of FTXs explosion has revealed deep fault lines within the industry and increased banks caution toward the technology. The once-unified industry now faces a turbulent next few years.
CustomersPartners
growth-positive
Amazon selects Israeli online payments solution company Payoneer Inc.
Payoneer Inc. has been selected by Amazon Inc. to expand cross-border payment options for sellers from 24 countries. Payoneer will provide a simple and convenient way for sellers to receive their Amazon disbursements. Amazon now allows sellers to sign up for Payoneer directly from Amazon Seller Central. Payoneer was founded in 2005 and has raised $90 million to date. The company is headquartered in New York with an R&D center in Tel Aviv. Payoneers investors include 83North, Carmel Ventures, Greylock, Vintage, Ping An, Yuval Tal, Zohar Gilon, and others.
PartnersExpand
Growth-Positive
Online payments pioneer Payoneer raises $50 million from VCs
Online payments company Payoneer Inc. has announced a $50 million investment led by Wellington Management Company, with participation from existing shareholder Susquehanna Growth Equity, LLC. The shares were purchased from existing investors, all of whom retained the majority of their holdings. Payoneer has developed a branded prepaid debit card for a number of Forex brokers, including FxPro, AvaTrade and EXNESS, allowing clients immediate access to their funds. The company is headquartered in New York and has more than 500 employees globally.
Investment
Payoneer Global Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 3099 |
| Team members | 6 |
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Payoneer Global Internal
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Admin Info
| Confidence | 94/100 |
| Missing | tags, markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 513742130 |
| Crunchbase | payoneer |
| Phone | +972737141280 |
| Creator | Rebecca Mack |
| Creator email | rebeccamack26@gmail.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2024-06-19T00:00:00.000Z |
| Created | 2013-11-11T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Public on NASDAQ on Jun, 2021; |