Payoneer (PAYO)
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Payoneer Files Application for U.S. National Trust Bank Charter to Strengthen Regulated Financial Infrastructure for Global Businesses
Prnewswire· 2026-02-24 14:00
Payoneer Files Application for U.S. National Trust Bank Charter to Strengthen Regulated Financial Infrastructure for Global Businesses [Accessibility Statement] Skip NavigationNEW YORK, Feb. 24, 2026 /PRNewswire/ -- [Payoneer](NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that it has filed an application with the Office of the Comptroller of the Currency (OCC) to establish PAYO Digital Bank, N.A., a national trust bank designed to support sta ...
Payoneer (PAYO) Strikes Strategic Partnership With Bridge
Yahoo Finance· 2026-02-22 14:38
Payoneer Global (NASDAQ:PAYO) is one of the 9 small-cap software infrastructure stocks with highest upside potential. On February 17, Payoneer Global (NASDAQ:PAYO) announced plans to introduce stablecoin capabilities that will be directly integrated into its platform through a partnership with Bridge. The company believes this partnership will unlock new capabilities for businesses to securely receive, hold, and send stablecoins as part of their routine operations. The goal is to simplify international pa ...
Payoneer to Launch Stablecoin Capabilities, Powered by Bridge, Bringing Secure, Always-On Digital Money to Global Businesses
Prnewswire· 2026-02-17 13:30
Core Insights - Payoneer is set to launch stablecoin capabilities within its platform, powered by Bridge, to facilitate secure and efficient cross-border transactions for businesses [1] - The integration aims to simplify the use of stablecoins for businesses, particularly in emerging markets, addressing challenges such as currency conversion and regulatory complexities [1] Group 1: Company Developments - Payoneer will enable businesses to receive, hold, and send stablecoins as part of their daily financial operations, enhancing their global transaction capabilities [1] - The new stablecoin features will be rolled out in select markets in Q2 2026, with broader availability planned throughout the year [1] - Payoneer has nearly 2 million customers globally and aims to leverage its compliance expertise to support stablecoin adoption [1] Group 2: Industry Context - The adoption of stablecoins is accelerating, with real-world applications emerging that offer faster settlement and programmable money movement [1] - Many cross-border businesses face challenges in integrating stablecoins due to fragmented workflows and evolving regulations, which Payoneer aims to address [1] - Bridge, the partner providing the stablecoin infrastructure, focuses on simplifying blockchain complexities for companies like Payoneer [1]
Payoneer to Report Fourth Quarter and Full Year 2025 Results on February 26, 2026
Prnewswire· 2026-02-05 21:30
Company Overview - Payoneer Global Inc. is a financial technology company that facilitates cross-border business growth and global payments [2] - The company provides financial tools and services to millions of businesses, particularly small and medium-sized enterprises (SMBs) in emerging markets, enabling them to connect to the global economy [2] Upcoming Financial Results - Payoneer will report its Fourth Quarter and Full Year 2025 financial results on February 26, 2026, before the market opens [1] - Senior management will host a conference call and earnings webcast at 8:30 a.m. Eastern Time on the same day to discuss the financial results [1] - A live webcast and replay of the event will be available on the Payoneer Investor Relations website [1]
Payoneer Expands Capabilities in Mexico and Indonesia
Prnewswire· 2026-01-29 13:00
Deepening support for emerging trade corridors as businesses pursue growth in high-potential markets NEW YORK, Jan. 29, 2026 /PRNewswire/ -- Payoneer Global Inc. ("Payoneer" or the Company") (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced the expansion of its global payment platform with new collection capabilities in Indonesia and enhanced local collection services in Mexico. These additions enable customers to transact and receive funds from ...
Payoneer’s (PAYO) Purchase of Ireland-Based Boundless to Help Grow Europe Reach
Yahoo Finance· 2026-01-29 11:15
Group 1 - Payoneer Global Inc. announced the acquisition of Boundless, an employer of record platform, to expand its services in Europe for international small- and medium-sized businesses [1] - The financial terms of the acquisition were not disclosed, but it follows Payoneer's earlier purchase of EOR platform Skuad for at least $61 million, which has been rebranded as Payoneer Workforce Management [1] - Payoneer received in-principle approval from the Reserve Bank of India to operate as a cross-border payment aggregator, enhancing its access to small- and medium-sized businesses in India [2] Group 2 - Payoneer focuses on cross-border payments for small- and medium-sized businesses, particularly in emerging markets [3] - Analysts have reaffirmed a Buy rating for Payoneer's stock, with a price target of $7.50 [2]
Payoneer Secures Preliminary Approval for Cross-Border Payment Operations in India
Crowdfund Insider· 2026-01-26 03:45
Core Insights - Payoneer has received initial regulatory approval from the Reserve Bank of India (RBI) to operate as a cross-border payment aggregator, enhancing its services for international transactions in India [1][3][10] Company Overview - Founded in 2005 and headquartered in New York, Payoneer specializes in global payments for businesses and professionals, with over 4 million customers worldwide [2] - The platform allows users to receive funds from international clients, manage multi-currency accounts, and handle cross-border payouts [2] Regulatory Approval - The RBI's in-principle authorization designates Payoneer as a Payment Aggregator – Cross Border (PA-CB), allowing it to aggregate and process payments for both inbound and outbound cross-border activities [3][4] - This role ensures compliance with foreign exchange regulations under the Foreign Exchange Management Act (FEMA), streamlining remittances and reducing transaction costs [4] Market Context - India's export sector, valued at over $400 billion annually, relies on efficient payment systems, particularly benefiting SMEs and freelancers who face challenges like delayed payments and high fees [5][6] - Payoneer's capabilities could address these issues by offering faster inward remittances and smoother outward payments [6] Strategic Goals - Payoneer plans to leverage its authorization to scale operations, focusing on compliance and customer education, with aims to roll out advanced features like integrated tax compliance tools and real-time tracking for cross-border deals [9] - This initiative aligns with India's "Make in India" and digital economy goals, potentially empowering more Indian exporters to access global markets [9] Competitive Landscape - The approval may increase competition among payment providers like PayPal, Stripe, and local players such as Razorpay, potentially driving down costs and improving service quality for users [8] Broader Implications - The RBI's approval reflects a commitment to fostering fintech innovation while maintaining financial stability, signaling India's openness to foreign investment in digital finance [7][10]
Payoneer Global (PAYO) Soars 8.6%: Is Further Upside Left in the Stock?
ZACKS· 2026-01-23 17:20
Company Overview - Payoneer Global Inc. (PAYO) shares increased by 8.6% to close at $5.94, supported by higher trading volume compared to normal sessions [1] - The stock had previously experienced a 3.4% decline over the past four weeks [1] - The recent surge in stock price is attributed to a rebound in fintech sentiment and the Boundless acquisition, which supports long-term platform expansion rather than immediate earnings impact [1] Earnings Expectations - Payoneer is expected to report quarterly earnings of $0.06 per share, reflecting a year-over-year increase of 20% [2] - Revenue projections stand at $283.43 million, marking an 8.3% rise from the same quarter last year [2] - The consensus EPS estimate for Payoneer has remained stable over the last 30 days, indicating no recent revisions in earnings estimates [3] Industry Context - Payoneer is part of the Zacks Financial Transaction Services industry, which includes other companies like CompoSecure, Inc. (CMPO) [3] - CompoSecure's consensus EPS estimate is $0.16, showing a significant decline of 40.7% compared to the previous year, and it also holds a Zacks Rank of 3 (Hold) [4] - The performance of CompoSecure over the past month has been a return of 31.6%, despite its recent decline of 2.1% to $25.15 [3]
Payoneer Receives In-Principle Authorization as Cross-Border Payment Aggregator in India
Prnewswire· 2026-01-22 11:00
Core Insights - Payoneer has received in-principle authorization from the Reserve Bank of India to operate as a Payment Aggregator – Cross Border, enhancing its capabilities in facilitating cross-border transactions for Indian SMBs [1][2][3] Group 1: Regulatory Milestone - The authorization allows Payoneer to expand its operations in India, providing comprehensive cross-border payment solutions for both inward and outward transactions [2][3] - This regulatory approval reflects Payoneer's long-term commitment to the Indian market and its support for the country's export economy, which is projected to exceed $850 billion in 2026 [3] Group 2: Business Operations and Impact - Payoneer serves nearly two million active customers and processed over $80 billion in transaction volume over the trailing 12 months as of Q3 2025 [3] - The company operates as a regulated entity across major financial jurisdictions, enabling secure global transactions for SMBs, enterprises, and marketplaces [4] Group 3: Strategic Focus - Payoneer aims to empower Indian SMBs by providing a broader range of products, including accounts payable features, and improving onboarding and KYC processes [2][3] - The company is investing in local operations and building strong relationships with SMBs to help them scale globally [3]
Payoneer Deepens Global Workforce Management Capabilities in Europe with Acquisition of Boundless
Prnewswire· 2026-01-20 13:00
Core Insights - Payoneer has acquired Boundless, an Ireland-based Employer of Record (EOR) platform, enhancing its capabilities to help companies employ people globally in a compliant manner [1][2][3] Group 1: Acquisition Details - The acquisition of Boundless is part of Payoneer's strategy to provide a comprehensive financial stack for small- and medium-sized businesses (SMBs) operating internationally [2] - This follows Payoneer's previous acquisition of Skuad in 2024, which was rebranded as Payoneer Workforce Management (WFM), aimed at improving global accounts payable capabilities [2] Group 2: Market Positioning - With Boundless, Payoneer is expanding its presence in Europe and enhancing its ability to serve global customers seeking compliant and scalable workforce solutions [3] - Boundless facilitates cross-border payroll, taxes, benefits, and compliance, allowing businesses to focus on growth [3] Group 3: Executive Insights - John Caplan, CEO of Payoneer, emphasized the changing global talent landscape and the need for companies to rethink their hiring and management strategies for global teams [4] - Dee Coakley, CEO of Boundless, highlighted the opportunity to leverage European expertise within a global platform to assist companies in navigating international hiring complexities [4]