Payoneer Newsroom

The FinTech IPO Index continued to gain ground, coming off of double-digit gains last week, adding 3.3% through the past five days. This time around, partnerships dominated the headlines, and earnings ...

Small business-focused FinTech Payoneer bought China’s Easylink Payment Co. The deal makes Payoneer the third foreign payment platform licensed to offer online payment services in China, according to a Thursday (April ...

Payoneer is enjoying a boom in its B2B business along with its highest-ever volumes. The FinTech, which provides payments tools with a focus on small- to medium-sized businesses (SMBs), released fourth-quarter ...

As earnings season draws to a close, we’ve seen wide-ranging discussions of the consumer, of spending trends, lending trends, tap to pay and BNPL, of cross-border payments and remittances. The digital ...

It was a good week on Wall Street for FinTechs despite one high-profile stock price drop from a member of the PYMNTS FinTech IPO 100: Marqeta. Led by BILL and ...

B2B operations frequently require a greater level of sophistication than their B2C counterparts. Payments, especially, are typically larger and more complex transactions and must mesh with monolithic, already-existing systems. That’s what ...

Small-business-focused FinTech Payoneer has acquired Singapore-based payroll/HR platform Skuad for $61 million. The deal is designed to bolster Payoneer’s efforts to serve as a “business-grade financial stack” for small and medium-sized businesses (SMBs) that operate ...

The earnings avalanche continues.   The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said this past week that fourth-quarter revenues came in at ...

Demand for B2B and merchant services drove Payoneer’s volume growth in 2023. The small- to medium-sized business (SMB)-focused FinTech company’s B2B volume rose 13% and its merchant services volume leapt 400% in ...

Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce Continues  Affirm shares gathered 6.9%, with a ...

The platforms led the FinTech IPO Index 4.7% lower this past week, as the year-to-date gains have been winnowed down to about 16%. AMTD shares sank 21%.  The company extended a $50 million ...

Etsy says it is working with Payoneer to help more sellers get paid in their local currencies.  The eCommerce platform announced this week that it was expanding its Etsy Payments service to sellers in Thailand ...

Partnerships were the prime source of headlines this past week. But for the FinTech IPO Index, which gave up 5.8% through the past five sessions, the downside was led by platforms, ...

Airbnb has expanded its partnership with FinTech Payoneer. The new version of the team-up allows Airbnb hosts in multiple countries to get paid in local currencies, according to a Tuesday (Sept. ...

“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday (Aug. 8). That’swhy executives are optimistic ...

A pair of seemingly unrelated payment issues are bedeviling Patreon creators and their fans. As The Verge reported Thursday (Aug. 3), some creators cannot access their earnings due to an issue with a payout provider ...

Payments platform Payoneer has acquired Israeli startup Spott to enhance its data capabilities. The purchase, announced Thursday (Aug. 3), will help Payoneer better understand its small and medium-sized business (SMB) customers and help them expand their operations, ...

This past week might be titled “The Great Platform Rally of 2023.” The FinTech IPO Index surged 11.9% through five sessions, led by double-digit gains in all manner of platform firms ...

Payoneer Global plans to reduce its total headcount by 9%. The FinTech company — which has 2,000 employees worldwide, according to its website — expects to complete the layoffs by the end of the ...

From access to education to pay parity and boardroom diversity, much has been done to advance gender equality around the world. But as the world marks International Women’s Day on Wednesday ...

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send the group down on yet another ...

Cross-border expansion is crucial to business growth goals, even for those FinTechs supporting international transactions. This, as Payoneer Global executives told investors on the company’s fourth quarter and full year 2022 ...

Latin America is in the midst of a historical digital commerce boom. The region’s market of small- to mid-sized businesses and professionals that offer digital services has grown rapidly, and ...

Payoneer has received another license as it aims to extend its services around the world. The FinTech company said in a Friday (Feb. 17) press release that its subsidiary, Payoneer Payment ...

The world’s most digitally connected country is also a lead innovator in facilitating international business payments. The PYMNTS Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” tracks the current state ...

The metaverse has only just entered the mainstream discourse, but this new, immersive internet has already emerged as a lucrative new medium for generating revenue. Businesses as diverse as Gucci ...

Many FinTechs got walloped in 2022 for bloated valuations, which is increasing the focus on fundamentals and partnerships. PYMNTS’ Karen Webster recently discussed what that means for the industry with i2c CEO Amir Wain and Payoneer Co-CEO Scott ...

For the FinTech IPO Index, the rally fizzled quickly. After a surge into the first few weeks of the new year — notably, double-digit gains last week — the index slipped ...

Payments tech company Payoneer is preparing to appoint a new finance chief. Bea Ordonez, a two-decade veteran of the FinTech sector, is set to be named the firm’s new chief financial ...

Digital payments have been small businesses’ saving grace in the face of tough economic challenges. It’s a double-edged sword that, according to James Allum, senior vice president of Europe at Payoneer, stems ...

As much as economic uncertainty abounds, many market watchers expect continued growth of the cross-border eCommerce sector. It’s a forecast backed by the belief that this expansion will be enabled, at ...

As small- to medium-sized businesses (SMBs) and freelancers extend their global eCommerce reach, making payments should be as easy as sending an email. “Everyone wants to get paid or be paid ...

Payoneer will soon be able to offer additional payments services to companies located in Singapore.  In a Friday (Dec. 16) press release, the commerce technology company said it had received in-principle approval as ...

Small to midsized businesses (SMBs) have a range of payment choices when deciding to launch operations internationally. While most SMBs globally launching will have some web presence, many may still ...

The promise of cross-border commerce is always the opportunity to tap into new markets. But no two countries, or even markets within a given country, are quite the same, especially when ...

eCommerce platform WooCommerce will soon make commerce payments technology company Payoneer’s Checkout plug-in available to its merchants across Asia, enabling them to start accepting payments from customers worldwide. The Checkout payment ...

Amid economic uncertainty, businesses large and small need Payments services that are agile and flexible, Payoneer Chief Revenue Officer Robert Clarkson writes in the new PYMNTS eBook, “What’s Your Plan? Payments ...

Even some double-digit surges in some of our beaten-down companies weren’t enough to keep the overall FinTech IPO index in positive territory this week. The overall index slipped by 5.5% through ...

Companies of all sizes in Ukraine are still going strong and eager to expand global operations as they continue to remain resilient and build out in the face of the ...

A week in, and October’s been a see-saw. Coming off the end of a dismal quarter and lurching toward the end of a dismal year, the FinTech IPO Index has ...

When businesses go global, they are often exposed to new risks such as exposure to cybercriminals seeking to exploit their lack of familiarity with the idiosyncrasies of regional payments processes. ...

Today in B2B payments, iControl and MarginEdge partner to help solve the problems restaurants face when buying and selling alcohol, while Auditoria.AI introduces smartbots that help companies run their helpdesks. ...

Commerce technology company Payoneer has hired Assaf Ronen, a veteran of SoFi, Amazon and Microsoft, to lead a newly established division that integrates Payoneer’s technology, product and high value service ...

Calling it a chance to expand in the U.S., Walmart is hoping to recruit sellers based in Canada to join its American marketplace. The retail giant made the offer in a ...

The earnings caravan rumbles on. And the results, as seen over the past week — at least for the digital first and digital only upstarts out to change financial services — ...