Payoneer news and trends

Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally
Earnings // February 28, 2024

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 the fourth quarter compared to the same period a year earlier, company executives said...

FinTech IPO Index Surges 8% as Affirm Gets a Bump on Walmart BNPL Deal 
Fintech Investments // December 22, 2023

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 continued bounce on positive sentiment and partnerships surrounding buy now, pay later. As...

FinTech IPO Index Loses 4.7% as Platforms Lead to the Downside
Fintech Investments // October 27, 2023

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 share repurchase program to the end of the first quarter of next year,...

Etsy Teams With Payoneer to Offer More Local Currencies
eCommerce // October 20, 2023

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 and Ukraine, with plans to include Japan, Chile, Argentina, Peru and India (export sales...

Interviews & Exclusives
FinTech IPO Index Up 5.2%; Expensify and Sezzle Lead Earnings Season Gainers

March 01, 2024
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 $35.2 million, average paid members numbered 719,000 and net interchange stood at a bit more than $3 million. Interchange derived from the Expensify […]

FinTech IPO Index Surges 8% as Affirm Gets a Bump on Walmart BNPL Deal 

December 22, 2023
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%,...

FinTech IPO Index Loses 4.7% as Platforms Lead to the Downside

October 27, 2023
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...

FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 

September 22, 2023
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...

Quick Reads
Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally

February 28, 2024
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 the fourth quarter compared to the same period a year earlier, company executives said Wednesday (Feb. 28) during a quarterly earning call. “We’re very […]

Payoneer Lets More Airbnb Hosts Get Paid in Local Currencies

September 19, 2023
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...

Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY

August 08, 2023
“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...

Payment Problems Create Headaches for Patreon Creators

August 03, 2023
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...