Payoneer Global Inc. reports developments as a financial technology company focused on cross-border business and global payments. Its updates center on SMB and SME customers that use Payoneer to pay and get paid across borders, manage funds in multiple currencies, and connect to global marketplaces and suppliers.
Recurring news themes include quarterly results, B2B volume and revenue trends, enterprise payout activity, customer funds, take-rate and ARPU metrics, share repurchases, product expansion, partner-enabled financing access for e-commerce sellers, and stablecoin-related payment infrastructure initiatives.
Payoneer Global (NASDAQ: PAYO) reported third-quarter 2026 revenue of $276.9 million, with payment volume growing faster than revenue year over year. Revenue rose 2%, while volume increased 13% to $25.3 billion. Revenue excluding interest income grew 5% to $222.2 million. Net income increased 6% to $14.9 million; diluted earnings per share remained $0.04.
B2B volume rose 59% to $5.0 billion, but marketplace SMB revenue fell 5% to $115 million. Operating income declined to $25.092 million from $36.347 million. Adjusted EBITDA, a non-GAAP earnings measure, fell 4% to $68.3 million. Revenue as a percentage of volume declined 12 basis points to 109 basis points.
Shareholders approved the Nuvei merger agreement on September 14, 2026. Payoneer targets a mid-2027 closing, with necessary regulatory approvals still being pursued. It also obtained payment licenses in Canada and Israel.
Payoneer Global (PAYO) will report its third-quarter 2026 financial results on November 5, 2026, before the market opens.
The company will not host a conference call or webcast to review the results because of its pending transaction with Nuvei, announced June 15, 2026.
Payoneer (PAYO) released Stablecoin Steps Up at Money20/20, examining how marketplaces and enterprises use stablecoin and what limits broader adoption. The September 2026 survey covered 265 senior payments, treasury and finance leaders at US-based businesses with at least $100 million in annual revenue. All respondents had stablecoin experience or were evaluating it.
Among respondents, 69% use stablecoin operationally, including 41% at meaningful scale, and 82% expect it to become part of their financial infrastructure within three years. Among organizations using or piloting stablecoin, 50% report faster settlement. Separately, 33% already offer stablecoin capabilities to customers, and another 50% plan to within three years. The report identifies integration, reconciliation, regulatory readiness and provider accountability as challenges; 90% of businesses using stablecoin at meaningful scale say benefits justify the effort.
Payoneer (NASDAQ: PAYO) announced that Payoneer Canada has registered with the Bank of Canada as a payment service provider.
The registration is under the Retail Payment Activities Act (RPAA) and supports the continued provision of regulated payment services in Canada, including local-currency collection. Payoneer said the registration strengthens its ability to serve Canadian businesses and businesses seeking to expand into Canada. It also reinforces the regulatory foundation supporting Canadian banking relationships and cross-border payment services. Businesses onboarding with Payoneer Canada can continue accessing services available in Canada through locally tailored onboarding and compliance processes.
Payoneer (PAYO) renewed its payments partnership with Etsy through 2029, extending its payout relationship across 16 existing markets.
Under the three-year agreement, Payoneer will remain a payments partner for Etsy sellers in Asia, Europe, South America and the Middle East. The relationship began in 2023 and has enabled tens of thousands of sellers to receive cross-border payouts. Eligible sellers can receive earnings in USD, withdraw directly to local bank accounts and manage funds across 70+ currencies.
Payoneer (NASDAQ: PAYO) reported second quarter 2026 revenue of $274.3 million, up 5% year-over-year, with revenue excluding interest income of $222.2 million, up 10%. Interest income was $52.1 million, down 11%. Adjusted EBITDA reached $71.4 million (up 7%), and Adjusted EBITDA excluding interest income was $19.3 million, up 138% year-over-year.
Total payment volume was $23.7 billion, up 15%, driven by 48% growth in B2B volume to $4.3 billion and 22% growth in enterprise payouts to $6.6 billion. ARPU rose 18% to $533, with ARPU excluding interest income growing over 20% for the eighth consecutive quarter. Payoneer ended the quarter with $7.7 billion of customer funds, up 10%.
The company reported a net loss of $2.4 million versus net income of $19.5 million a year earlier, as operating income declined to $16.9 million. Payoneer repurchased $16 million of shares at an average price of $4.91 before suspending buybacks due to its proposed acquisition by Nuvei.
Under a definitive agreement announced June 15, 2026, Nuvei will acquire Payoneer for $7.40 per share in cash, implying an equity value of about $2.75 billion. Early termination of the HSR waiting period was granted on July 28, 2026. The transaction is expected to close in mid‑2027, after which Payoneer will become a private company and its shares will cease trading on Nasdaq. In connection with the pending deal, Payoneer is suspending earnings calls and withdrawing its 2026 and longer‑term financial outlook, though it plans to continue filing SEC reports and issuing quarterly earnings releases until closing.
Payoneer (NASDAQ: PAYO) will report its Second Quarter 2026 financial results on Thursday, August 6, 2026, before the U.S. market opens. In light of a pending acquisition, the company will not host a conference call or webcast.
On June 15, 2026, Payoneer entered into a definitive agreement under which Neon Maple Parent (Nuvei), a Canadian corporation, will acquire all issued and outstanding Payoneer common shares for $7.40 per share in cash, implying an equity transaction value of approximately $2.75 billion. The transaction is expected to close in mid‑2027, subject to Payoneer shareholder approval, required regulatory approvals and other customary closing conditions.
Payoneer (NASDAQ: PAYO) announced the opening of a new innovation hub in Gurugram, India, which will serve as a central center for technology development and business operations. The site currently hosts engineering, go-to-market and Workforce Management teams, with plans for further expansion as Payoneer invests in AI-driven innovation and global growth.
The Gurugram hub will advance Payoneer’s AI capabilities by bringing together product, data, AI, compliance technology, commercial and operational teams to build core platform capabilities and AI-enabled experiences. According to Payoneer, this will enhance global enterprise marketplace payout capabilities and support cross-border payments for businesses in India and worldwide. The company highlighted India as both a critical growth market and a key R&D location, supported by strong fintech and AI talent and its in-principle authorization from the Reserve Bank of India to operate as a Payment Aggregator.
Nuvei will acquire Payoneer (Nasdaq: PAYO) for $7.40 per share in cash, valuing the equity at about $2.75 billion. The combined company is expected to generate roughly $3 billion in annual revenue, process over $500 billion in payment volume, and serve more than 2.4 million customers.
The platform will support payments and payouts across 190+ countries and near real-time settlement in 150+ markets, including support for stablecoin transactions and emerging agentic commerce models. Closing is targeted for mid-2027, subject to shareholder and regulatory approvals.
Payoneer (NASDAQ: PAYO) announced that CEO John Caplan will present at the William Blair 46th Annual Growth Stock Conference on June 2, 2026, at approximately 12:20 p.m. ET.
A live webcast and replay will be available on Payoneer’s investor relations website.