, /PRNewswire/ -- Payoneer Global Inc. (NASDAQ: PAYO) ("Payoneer" or the "Company"), the global financial technology company powering business growth across borders, will report its Second Quarter 2026 financial results on Thursday, August 6, 2026, before the market opens.
On June 15, 2026, Payoneer announced that it had entered into a definitive agreement under which Neon Maple Parent Inc., a corporation incorporated pursuant to the laws of Canada ("Nuvei") will acquire Payoneer. Under the terms of the agreement, Nuvei will acquire all of the issued and outstanding shares of common stock of Payoneer Global Inc. for $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion. The transaction is expected to close in mid-2027, subject to approval by Payoneer's shareholders, receipt of required regulatory approvals, and other customary closing conditions. In light of the announced transaction, Payoneer will not host a conference call or webcast to review its financial results.
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. Payoneer makes it easier for businesses, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Except for historical information contained in this press release, the matters discussed herein contain forward-looking statements that involve risks and uncertainties. Such statements are provided under the "safe harbor" protection of the Act. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "shall," "should," "expects," "plans," "positioning," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements include, but are not limited to, statements about transition and the impact of recent changes to our executive management team; statements regarding the expectations of demand for our products and cash flow generation; statements about improvements to and expansion of our products and platform, and launching new products; statements about future operating results, including revenue, volume, growth opportunities, variability of expenses, ability to realize efficiencies, future spending and incremental investments, business trends, our ability to deliver profits, and growth and value for shareholders; and assumptions regarding foreign exchange rates.
Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements regarding the transactions (the "Transaction") contemplated by the Agreement and Plan of Merger, dated as of June 12, 2026, by and among the Company, Nuvei and Panda Acquisition Sub Inc. (the "Merger Agreement"), including the expected time period to consummate the Transaction. All such forward-looking statements are based upon current plans, estimates, expectations and ambitions that are subject to risks, uncertainties and assumptions, many of which are beyond the control of the Company, that could cause actual results to differ materially from those expressed in such forward-looking statements. Key factors that could cause actual results to differ materially include, but are not limited to, the expected timing and likelihood of completion of the Transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the Transaction; the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; the possibility that the Company's stockholders may not approve the Transaction; the risk that the parties may not be able to satisfy the conditions to the Transaction in a timely manner or at all; risks related to disruption of management time from ongoing business operations due to the Transaction; the risk that any announcements relating to the Transaction could have adverse effects on the market price of the Company's common stock; the risk that the Transaction and its announcement could have an adverse effect on the parties' business relationships and business generally, including the ability of the Company to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers, and on their operating results and businesses generally; the risk of unforeseen or unknown liabilities; customer, stockholder, partner, regulatory and other stakeholder approvals and support; the risk of unexpected future capital expenditures; the risk of potential litigation relating to the Transaction that could be instituted against the Company or its directors and/or officers; the risk associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the Transaction which are not waived or otherwise satisfactorily resolved; the risk of various events that could disrupt operations, including severe weather, such as droughts, floods, avalanches and earthquakes, cybersecurity attacks, wars, security threats and governmental response to them, and technological changes; the risks of labor disputes, changes in labor costs and labor difficulties; and the risks resulting from other effects of industry, market, economic, legal or legislative, political or regulatory conditions outside of the Company's control. All such factors are difficult to predict and are beyond our control, including those detailed in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2025 (and which is available at: https://www.sec.gov/Archives/edgar/data/1845815/000110465926020487/payo-20251231x10k.htm), quarterly reports on Form 10-Q and other documents subsequently filed by the Company with the Securities Exchange Commission ("SEC") (and that are available at https://www.sec.gov/edgar/search/#/ciks=0001845815&entityName=Payoneer%2520Global%2520Inc.%2520(PAYO)%2520(CIK%25200001845815).
The Company's forward-looking statements are based on assumptions that the Company believes to be reasonable but that may not prove to be accurate. Other unpredictable or unknown factors not discussed in this communication could also have material adverse effects on forward-looking statements. The Company does not assume an obligation to update any forward-looking statements, except as required by applicable law. These forward-looking statements speak only as of the date hereof.
Additional Information and Where to Find It
In connection with the Transaction, the Company will file with the SEC a proxy statement on Schedule 14A. The definitive proxy statement will be sent to the stockholders of the Company seeking their approval of the Transaction and other related matters.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT ON SCHEDULE 14A WHEN IT BECOMES AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION REGARDING THE COMPANY, THE TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of these documents, including the proxy statement, and other documents filed with the SEC by the Company through the website maintained by the SEC at https://www.sec.gov/edgar/browse/?CIK=1845815&owner=exclude.
Copies of documents filed with the SEC by the Company will be made available free of charge by accessing the Company's website at https://investor.payoneer.com/financials/sec-filings.
Participants in the Solicitation
The Company, Nuvei and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of the Company in connection with the Transaction under the rules of the SEC. Information about the interests of the directors and executive officers of the Company and other persons who may be deemed to be participants in the solicitation of stockholders of the Company in connection with the Transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the proxy statement related to the Transaction, which will be filed with the SEC. Information about the directors and executive officers of the Company and their ownership of the Company common stock is also set forth in the Company's definitive proxy statement in connection with its 2026 Annual Meeting of Stockholders, as filed with the SEC on April 27, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm and in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm). Information about the directors and executive officers of the Company, their ownership of the Company common stock, and the Company's transactions with related persons is set forth in the sections entitled "Directors, Executive Officers and Corporate Governance," "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters," and "Certain Relationships and Related Transactions, and Director Independence" included in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 26, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm), and in the sections entitled "Information Regarding the Board of Directors and Corporate Governance," "Security Ownership of Certain Beneficial Owners and Management," "Certain Relationships and Related Party Transactions," and "Independence of the Board of Directors" included in the Company's definitive proxy statement in connection with its 2026 Annual Meeting of Stockholders, as filed with the SEC on April 27, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm. Additional information regarding the interests of such participants in the solicitation of proxies in respect of the Transaction will be included in the proxy statement and other relevant materials to be filed with the SEC when they become available. These documents can be obtained free of charge from the SEC's website at www.sec.gov.
No Offer or Solicitation
This press release is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Strategic investment positions India as both growth market and critical R&D center for AI-
powered fintech transformation
, /PRNewswire/ -- Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced the opening of its new innovation hub in Gurugram, serving as a key center for technology development and business operations. The Gurugram hub is currently home to teams spanning engineering, go-to-market, and Workforce Management, with plans to continue growing as Payoneer invests in innovation and global growth.
The Gurugram hub will play a central role in advancing Payoneer's AI capabilities, bringing together engineering, product, data, AI, compliance technology, workforce management, commercial, and operational teams to accelerate innovation and build core platform capabilities and AI-enabled experiences. This work will strengthen Payoneer's global enterprise marketplaces payout capabilities while supporting the cross-border payments and operational needs of businesses operating in India and around the world.
Payoneer chose Gurugram for its exceptional engineering and AI talent, as well as its ability to enable seamless collaboration across time zones and with teams around the globe. The hub will support around-the-clock product development, helping to accelerate innovation for customers worldwide.
Oren Ryngler, Chief Product and Technology Officer, Payoneer, said, "India is central to how we're building Payoneer's future. As we work towards becoming an AI-native company, the work happening in Gurugram will directly shape our global platform. This hub is where we're building key capabilities for our enterprise marketplace clients, financial services and workforce management, and expanding the next generation of our core capabilities. Gurugram is central to our worldwide innovation strategy - not a support site - and I'm excited about what our teams will build here."
Gaurav Gupta, SVP and Platform Site Leader – India, Payoneer, added, "India is both a critical growth market and where we're building core Platform capabilities that serve our customers globally. India today combines one of the world's deepest pools of fintech and AI engineering talent, making it uniquely positioned for this moment as AI moves from experimentation to enterprise deployment. We're attracting elite AI and engineering experts here to solve complex problems at scale, allowing us to stay close to our customers while accelerating innovation for businesses around the world."
Payoneer continues to expand its presence in one of the world's fastest growing business ecosystems. As Indian entrepreneurs and businesses increasingly operate across multiple markets, currencies and regulatory environments, they need financial infrastructure built for global growth. With its in-principle authorization from the Reserve Bank of India to operate as a Payment Aggregator and recent acquisitions, including Skuad (now Payoneer Workforce Management), Payoneer is positioned to support businesses with localized offerings backed by global capabilities and deep market understanding.
Payoneer will officially celebrate the hub's opening at the Sector 42 office on July 13, 2026.
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for businesses, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
For more information, visit www.payoneer.com.
Forward-Looking Statements
This press release includes, and oral statements made from time to time by representatives of Payoneer, may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Payoneer's future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expect," "intend," "plan," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Payoneer and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) our ability to complete our merger with Nuvei on the expected terms or according to the anticipated timeline; (2) changes in applicable laws or regulations; (3) the possibility that Payoneer may be adversely affected by geopolitical events and conflicts, such as Israel's and the United States' conflicts in the Middle East, and other economic, business and/or competitive factors, such as changes in global trade policies (including the imposition of tariffs); (4) changes in the assumptions underlying our financial estimates; (5) the outcome of any known and/or unknown legal or regulatory proceedings; and (6) other risks and uncertainties set forth in Payoneer's Annual Report on Form 10-K for the period ended December 31, 2025 and future reports that Payoneer may file with the SEC from time to time. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Payoneer does not undertake any duty to update these forward-looking statements.
Nasdaq-listed fintech firm Payoneer Global plans to hire around 300 engineers by end of 2026 for its new global capability centre in India, joining a growing list of companies tapping into the world's most populous country to fulfill their talent needs.
Investors interested in Financial Transaction Services stocks are likely familiar with Payoneer Global Inc. (PAYO - Free Report) and Visa (V - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Right now, both Payoneer Global Inc. and Visa are sporting a Zacks Rank of #2 (Buy). Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. But this is just one piece of the puzzle for value investors.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
PAYO currently has a forward P/E ratio of 25.93, while V has a forward P/E of 27.27. We also note that PAYO has a PEG ratio of 0.76. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. V currently has a PEG ratio of 1.91.
Another notable valuation metric for PAYO is its P/B ratio of 3.65. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, V has a P/B of 18.24.
These metrics, and several others, help PAYO earn a Value grade of A, while V has been given a Value grade of D.
Both PAYO and V are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that PAYO is the superior value option right now.
MILWAUKEE, July 02, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating Payoneer (NASDAQ: PAYO) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Nuvei.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Payoneer stockholders will receive $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion. Payoneer insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Payoneer by imposing a significant penalty if Payoneer accepts a competing bid. We are investigating the conduct of the Payoneer board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
MONSEY, New York, June 17, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Payoneer Global, Inc. (Nasdaq: PAYO) (“PAYO”) for $7.40 per share in cash to Nuvei.
The sale price appears to undervalue Payoneer based on potential upcoming catalysts, including:
expansion of Payoneer’s operations in India after receiving authorization in January 2026 from the Reserve Bank of India to operate as a Payment Aggregator;a US national trust bank charter application filed by Payoneer in February 2026; andplans announced in February 2026 to launch a suite of stablecoin capabilities powered by Bridge, a leading stablecoin infrastructure platform owned by Stripe.
If you remain a PAYO shareholder and have concerns about the fairness of the sale price given your views regarding PAYO’s long-term prospects, you may contact our firm at the following link to discuss your legal rights at no charge:
https://wohlfruchter.com/cases/payoneer-global/
Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].
“We are investigating whether the PAYO board of directors acted in the best interests of PAYO shareholders in recommending the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the sale price is fair to PAYO shareholders, and whether all material information regarding the transaction has been fully disclosed, including all conflicts. We encourage PAYO stockholders to contact us if they have any concerns.”
About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245 [email protected]
www.wohlfruchter.com
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Payoneer Global Inc. (NasdaqGM: PAYO) to Nuvei. Under the terms of the proposed transaction, shareholders of Payoneer will receive $7.40 in cash for each share of Payoneer that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-payo/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Payoneer Global Inc. (NasdaqGM: PAYO) to Nuvei. Under the terms of the proposed transaction, shareholders of Payoneer will receive $7.40 in cash for each share of Payoneer that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-payo/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Payoneer Global Inc. (NASDAQ: PAYO) PR Newswire
NEW YORK, June 15, 2026
, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Payoneer Global Inc. (NASDAQ: PAYO) related to its sale to Nuvei. Under the terms of the proposed transaction, Payoneer shareholders are expected to receive $7.40 per share in cash. Is it a fair deal?
Click here for more info https://monteverdelaw.com/case/payoneer-global-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much?About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America [email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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Payoneer Global (PAYO +4.15%), which provides cross-border payment solutions for SMBs, closed Monday at $7.03, up 4.15%. The stock moved higher after news that Nuvei agreed to acquire Payoneer for $7.40 per share in cash. Trading volume reached 78.4 million shares, about 1,191% above its three-month average of 6.1 million shares. Payoneer Global IPO'd in 2020 and has fallen 27% since going public.
How the markets moved todayThe S&P 500 rose 1.67% to 7,555, while the Nasdaq Composite gained 3.07% to finish at 26,684. Within financial technology, industry peers Paymentus closed at $21.26, up 0.66%, and Flywire ended at $15.31, gaining 4.08% as digital payments names advanced.
What this means for investorsRoughly one week after takeover buzz about Nuvei acquiring Payoneer for $2.7 billion originally hit the press, the two companies agreed to a $2.75 billion deal, confirming the rumors. Since the acquisition rumors first leaked, Payoneer stock has risen an additional 8%, narrowing the gap between its $7.03 share price and Nuvei’s updated $7.40 cash offer.
The remaining gap is only about 5%, suggesting the market believes the deal is likely to go through.
While Payoneer’s average annual sales growth was roughly 18% over the last five years, and it generated solid free cash flow (FCF), its stock struggled to take off. This languishing share price, steady double-digit revenue growth, and reasonable valuation at 19 times FCF made it a prime takeout candidate for Nuvei.
Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Payoneer Global Inc. (NASDAQ: PAYO) related to its sale to Nuvei. Under the terms of the proposed transaction, Payoneer shareholders are expected to receive $7.40 per share in cash. Is it a fair deal?
Click here for more info https://monteverdelaw.com/case/payoneer-global-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
Nuvei has agreed to acquire Nasdaq-listed Payoneer Global (NASDAQ:PAYO) in an all-cash deal valuing the cross-border payments company at approximately $2.75 billion, sending Payoneer shares up 4.1%.
Under the terms of the agreement, Nuvei will pay $7.40 per share for all outstanding common stock of Payoneer.
The acquisition would combine Nuvei's payment acceptance capabilities with Payoneer's cross-border payouts, multi-currency accounts and banking network, and same-day and real-time settlement across more than 150 markets.
"The acquisition of Payoneer marks a defining step in Nuvei's evolution into a global financial infrastructure leader," said Phil Fayer, CEO of Nuvei.
Together, the companies would serve customers operating across major digital commerce platforms including Amazon, eBay, Walmart, Airbnb and Shopify.
The deal also brings Payoneer's regulatory footprint, which includes licensing for online payment services in mainland China and authorization in principle as a cross-border payment aggregator in India.
The transaction has been approved by both boards and is expected to close in mid-2027.
Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Payoneer Global Inc. (NASDAQ: PAYO) to Nuvei for $7.40 per share in cash.
Halper Sadeh encourages Payoneer shareholders to click here to learn more about their rights and optionsor contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether Payoneer and its board of directors violated the federal securities laws and/or breached their fiduciary duties by failing to: (1) obtain the best possible price for Payoneer shareholders; (2) conduct a fair sales process free of any conflicts of interests; and (3) disclose all material information for Payoneer shareholders to evaluate the transaction.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260615872183/en/
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Ademi LLP is investigating Payoneer (NASDAQ: PAYO) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Nuvei.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Payoneer stockholders will receive $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion. Payoneer insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Payoneer by imposing a significant penalty if Payoneer accepts a competing bid. We are investigating the conduct of the Payoneer board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Nuvei plans to create a global platform for local and cross-border commerce by acquiring Payoneer for $2.75 billion.
The companies have entered into a definitive agreement for the acquisition and expect the transaction to close in mid-2027, subject to approval by Payoneer’s shareholders, regulatory approvals and other customary closing conditions, they said in a Monday (June 15) press release.
The planned acquisition will combine Nuvei’s payment acceptance capabilities and Payoneer’s cross-border payouts, multi-currency accounts and banking network, same-day and real-time settlement in 150 markets, and regulatory footprint across major jurisdictions around the world, according to the release.
This combination will create an always-on, unified financial infrastructure built on trusted rails and will strengthen Nuvei’s ability to support agentic commerce, stablecoin payments, platform-native financial services and other emerging financial models, per the release.
Nuvei Chairman and CEO Phil Fayer said in the release that the acquisition furthers the company’s evolution into a leader in global financial infrastructure.
“By combining complementary capabilities, we can offer businesses a more complete platform to accept payments, send funds, issue cards, manage treasury and FX [foreign exchange] needs, and access embedded financial services — at scale,” Fayer said.
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Payoneer CEO John Caplan said in the release that Payoneer has earned the trust of millions of businesses over two decades and that the combination with Nuvei will extend what Payoneer can offer customers.
“Together, we will reach more businesses, in more markets, with a more complete platform,” Caplan said.
It was reported June 9 that Nuvei was in talks to acquire Payoneer. The report said that payments firms are increasingly looking to scale through mergers and acquisitions, along with exposure to faster-growing segments such as cross-border and B2B payments, as growth in traditional payment processing slows.
In some other recent moves, Nuvei received approval to operate under the European Union’s new regulatory framework for cryptocurrency, boosted its global processing capabilities by migrating core services to Microsoft Azure, and began processing merchant transactions via Wero, the European Payment Initiative’s digital wallet that delivers instant account-to-account payments across Europe.
Meanwhile, Payoneer announced in February that it applied to the Office of the Comptroller of the Currency to open a digital bank and that it added stablecoin capabilities for cross-border businesses.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Payoneer Global Inc. (NASDAQ: PAYO) to Nuvei for $7.40 per share in cash.Halper Sadeh encourages Payoneer shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected] investigation concerns whether Payoneer and its board of directors violated the federal.
The combined company will give businesses a single partner to accept, hold, and move money – including stablecoin transactions – across 190+ countries and territories At close, the combined company is expected to generate approximately $3 billion in annual revenue and process more than $500 billion in annual payment volume for more than 2.4 million customers , /PRNewswire/ -- Nuvei and Payoneer (Nasdaq: PAYO) today announced they have entered into a definitive agreement under which Nuvei will acquire Payoneer. Under the terms of the agreement, Nuvei will acquire all of the issued and outstanding shares of common stock of Payoneer Global Inc. for $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion.
Nuvei CEO & Chair Phil Fayer
Nuvei x Payoneer logos "The acquisition of Payoneer marks a defining step in Nuvei's evolution into a global financial infrastructure leader," said Phil Fayer, Chairman and Chief Executive Officer of Nuvei. "By combining complementary capabilities, we can offer businesses a more complete platform to accept payments, send funds, issue cards, manage treasury and FX needs, and access embedded financial services – at scale."
As commerce becomes more complex across local and cross-border markets, businesses need infrastructure that can support the full transaction lifecycle. This transaction directly addresses that need by combining Nuvei's leading payment acceptance capabilities with Payoneer's cross-border payouts, multi-currency accounts and banking network, along with same-day and real-time settlement in more than 150 markets.
Together, the companies create an always-on, unified financial infrastructure built on trusted rails, supporting customers that do business across the world's leading digital commerce platforms, including Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce.
A key component of this infrastructure is Payoneer's established regulatory footprint across major jurisdictions around the world. Payoneer holds multiple licenses and authorizations, including licensing for online payment services in mainland China and authorization in principle as a cross-border payment aggregator in India under the Reserve Bank of India's regulatory framework.
The transaction also strengthens Nuvei's ability to support emerging financial models, including agentic commerce, stablecoin payments, and platform-native financial services. These capabilities are expected to help businesses move funds more seamlessly across payment types, settlement networks, and jurisdictions.
"For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build," said John Caplan, Chief Executive Officer of Payoneer. "We have transformed our business with extraordinary results, and our combination with Nuvei will extend what we can offer customers. Together, we will reach more businesses, in more markets, with a more complete platform."
Transaction Details
The transaction has been approved by the Boards of Directors at Nuvei and Payoneer.
The transaction is expected to close in mid-2027, subject to approval by Payoneer's shareholders, receipt of required regulatory approvals, and other customary closing conditions.
Goldman Sachs & Co. LLC is serving as lead financial advisor to Nuvei. Barclays Capital Inc. has also provided financial advice to Nuvei. Simpson Thacher & Bartlett LLP and Stikeman Elliott LLP are serving as legal counsel to Nuvei. Qatalyst Partners is serving as exclusive financial advisor to Payoneer. Davis Polk & Wardwell LLP is serving as legal counsel to Payoneer.
BMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo are providing committed financing in connection with the transaction.
About Nuvei
Nuvei is building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer all payout options, and benefit from card issuing, risk, and fraud management services. Connecting businesses to their customers in 190+ countries, with local acquiring in 52 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights that help customers and partners succeed locally and globally. For more information, visit www.nuvei.com.
About Payoneer
Payoneer (Nasdaq: PAYO) is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. Payoneer makes it easier for businesses, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Except for historical information contained in this press release, the matters discussed herein contain forward-looking statements that involve risks and uncertainties. Such statements are provided under the "safe harbor" protection of the Act. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "shall," "should," "expects," "plans," "positioning," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements include, but are not limited to, statements about transition and the impact of recent changes to our executive management team; statements regarding the expectations of demand for our products and cash flow generation; statements about improvements to and expansion of our products and platform, and launching new products; statements about future operating results, including revenue, volume, growth opportunities, variability of expenses, ability to realize efficiencies, future spending and incremental investments, business trends, our ability to deliver profits, and growth and value for shareholders; and assumptions regarding foreign exchange rates.
Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements regarding the transactions (the "Transaction") contemplated by the Agreement and Plan of Merger, dated as of June 12, 2026, by and among Payoneer Global Inc. (the "Company"), Neon Maple Parent Inc. ("Nuvei") and Panda Acquisition Sub Inc. (the "Merger Agreement"), including the expected time period to consummate the Transaction. All such forward-looking statements are based upon current plans, estimates, expectations and ambitions that are subject to risks, uncertainties and assumptions, many of which are beyond the control of the Company, that could cause actual results to differ materially from those expressed in such forward-looking statements. Key factors that could cause actual results to differ materially include, but are not limited to, the expected timing and likelihood of completion of the Transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the Transaction; the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; the possibility that the Company's stockholders may not approve the Transaction; the risk that the parties may not be able to satisfy the conditions to the Transaction in a timely manner or at all; risks related to disruption of management time from ongoing business operations due to the Transaction; the risk that any announcements relating to the Transaction could have adverse effects on the market price of the Company's common stock; the risk that the Transaction and its announcement could have an adverse effect on the parties' business relationships and business generally, including the ability of the Company to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers, and on their operating results and businesses generally; the risk of unforeseen or unknown liabilities; customer, stockholder, partner, regulatory and other stakeholder approvals and support; the risk of unexpected future capital expenditures; the risk of potential litigation relating to the Transaction that could be instituted against the Company or its directors and/or officers; the risk associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the Transaction which are not waived or otherwise satisfactorily resolved; the risk of various events that could disrupt operations, including severe weather, such as droughts, floods, avalanches and earthquakes, cybersecurity attacks, wars, security threats and governmental response to them, and technological changes; the risks of labor disputes, changes in labor costs and labor difficulties; and the risks resulting from other effects of industry, market, economic, legal or legislative, political or regulatory conditions outside of the Company's control. All such factors are difficult to predict and are beyond our control, including those detailed in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2025 (and which is available at: https://www.sec.gov/Archives/edgar/data/1845815/000110465926020487/payo-20251231x10k.htm, quarterly reports on Form 10-Q and other documents subsequently filed by the Company with the Securities Exchange Commission ("SEC") and that are available at https://www.sec.gov/edgar/search/#/ciks=0001845815&entityName=Payoneer%2520Global%2520Inc.%2520(PAYO)%2520(CIK%25200001845815
The Company's forward-looking statements are based on assumptions that the Company believes to be reasonable but that may not prove to be accurate. Other unpredictable or unknown factors not discussed in this communication could also have material adverse effects on forward-looking statements. The Company does not assume an obligation to update any forward-looking statements, except as required by applicable law. These forward-looking statements speak only as of the date hereof.
Additional Information and Where to Find It
In connection with the Transaction, the Company will file with the SEC a proxy statement on Schedule 14A. The definitive proxy statement will be sent to the stockholders of the Company seeking their approval of the Transaction and other related matters. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT ON SCHEDULE 14A WHEN IT BECOMES AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION REGARDING THE COMPANY, THE TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of these documents, including the proxy statement, and other documents filed with the SEC by the Company through the website maintained by the SEC at https://www.sec.gov/edgar/browse/?CIK=1845815&owner=exclude.
Copies of documents filed with the SEC by the Company will be made available free of charge by accessing the Company's website at https://investor.payoneer.com/financials/sec-filings.
Participants in the Solicitation
The Company, Nuvei and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of the Company in connection with the Transaction under the rules of the SEC. Information about the interests of the directors and executive officers of the Company and other persons who may be deemed to be participants in the solicitation of stockholders of the Company in connection with the Transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the proxy statement related to the Transaction, which will be filed with the SEC. Information about the directors and executive officers of the Company and their ownership of the Company common stock is also set forth in the Company's definitive proxy statement in connection with its 2026 Annual Meeting of Stockholders, as filed with the SEC on April 27, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm and in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (and which is available at
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm. Information about the directors and executive officers of the Company, their ownership of the Company common stock, and the Company's transactions with related persons is set forth in the sections entitled "Directors, Executive Officers and Corporate Governance," "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters," and "Certain Relationships and Related Transactions, and Director Independence" included in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 26, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm, and in the sections entitled "Information Regarding the Board of Directors and Corporate Governance," "Security Ownership of Certain Beneficial Owners and Management," "Certain Relationships and Related Party Transactions," and "Independence of the Board of Directors" included in the Company's definitive proxy statement in connection with its 2026 Annual Meeting of Stockholders, as filed with the SEC on April 27, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm. Additional information regarding the interests of such participants in the solicitation of proxies in respect of the Transaction will be included in the proxy statement and other relevant materials to be filed with the SEC when they become available. These documents can be obtained free of charge from the SEC's website at www.sec.gov.
No Offer or Solicitation
This press release is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Tenet Fintech Group (OTCMKTS:PKKFF - Get Free Report) and Payoneer Global (NASDAQ: PAYO - Get Free Report) are both small-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, profitability and institutional ownership. Profitability This table compares Tenet
As market volatility whipsaws major indices and leaves investors wary of overstretched valuations in the more notable names, Bank of America is urging a pivot toward high-conviction plays flying under the radar.
While tech remains the primary engine of global growth, BofA’s latest research report suggests the best risk-reward may now lie in specialized fintech and cross-border payment platforms.
By identifying strong moats and massive addressable markets, experts at the bank are pointing to two specific names – Payoneer and PicPay – as candidates poised to thrive amidst the turbulence.
Payoneer is emerging as a formidable force in the world of business-to-business (B2B) transactions, and BofA believes the market is drastically underestimating its reach.
Analyst Aditya Buddhavarapu rates PAYO at “buy” – highlighting a “multi-trillion dollar growth opportunity” that provides a massive runway for the fintech stock.
While many payment processors struggle with razor-thin margins, Payoneer is busy “building the moat” by focusing on the lucrative and underserved small-to-medium business (SMB) segment.
Buddhavarapu’s bullish thesis is centered on the sheer scale of the landscape PAYO inhabits.
“Payoneer’s positioning serves a very large addressable market with the [business-to-business total addressable market] at $6 trillion while marketplace payouts are $300 billon,” he noted.
With a price objective of $6, the investment firm sees Payoneer stock as “too attractive to ignore.”
In his research note, Buddhavarapu said PAYO’s differentiation lies in its sophisticated “account-centric experience tuned to SMB workflows,” and a web of regulatory coverage and partner rails that are difficult for rivals to replicate.
As the financial technology company continues to generate solid cash flow, Bank of America sees a host of positive catalysts that could drive shares significantly higher from current levels.
PicPay: a growth story trading at a discountIn the Latin American fintech market, PicPay is grabbing headlines following its initial public offering (IPO) earlier this year.
Despite a challenging March that saw PICS retreat nearly 40%, BofA’s senior analyst Mario Pierry recommends treating the dip as a golden opportunity to build a position at a deep discount.
According to the investment firm, PicPay is a “compelling growth story” that has already amassed a remarkable 43 million active users.
Its “buy” rating is predicated on the company’s unique ability to scale its ecosystem across a wide variety of business sizes and financial needs.
A key driver for PICS future valuation is its expansion into untapped territory.
“Revenue expansion should also be supported by new verticals, such as services to small- and medium-sized enterprises,” Pierry explained.
Furthermore, PicPay is leveraging its massive user base to boost profitability through a “wide array of credit offerings” and increased monetization of existing clients.
According to Pierry, the company boasts “strong earnings momentum” and “operational leverage gains,” yet its valuation remains notably attractive.
“Valuation multiples are discounted vs LatAm and global peers,” he noted, suggesting that for investors willing to look beyond domestic borders, PICS offers a rare combination of high-velocity growth and value-oriented pricing.
CompoSecure (NASDAQ:CMPO – Get Free Report) and Payoneer Global (NASDAQ:PAYO – Get Free Report) are both business services companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.
Profitability This table compares CompoSecure and Payoneer Global’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets CompoSecure -24.53% -65.50% 26.83% Payoneer Global 6.95% 10.89% 0.99% Risk and Volatility CompoSecure has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500. Comparatively, Payoneer Global has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500.
Analyst Recommendations This is a breakdown of current ratings for CompoSecure and Payoneer Global, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score CompoSecure 0 0 6 0 3.00 Payoneer Global 0 1 7 0 2.88 CompoSecure currently has a consensus target price of $25.50, indicating a potential upside of 49.12%. Payoneer Global has a consensus target price of $7.57, indicating a potential upside of 53.89%. Given Payoneer Global’s higher probable upside, analysts clearly believe Payoneer Global is more favorable than CompoSecure.
Earnings & Valuation This table compares CompoSecure and Payoneer Global”s revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio CompoSecure $160.68 million 13.45 -$53.72 million ($2.16) -7.92 Payoneer Global $1.05 billion 1.61 $73.19 million $0.19 25.89 Payoneer Global has higher revenue and earnings than CompoSecure. CompoSecure is trading at a lower price-to-earnings ratio than Payoneer Global, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership 37.6% of CompoSecure shares are owned by institutional investors. Comparatively, 82.2% of Payoneer Global shares are owned by institutional investors. 52.1% of CompoSecure shares are owned by insiders. Comparatively, 2.6% of Payoneer Global shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary Payoneer Global beats CompoSecure on 10 of the 14 factors compared between the two stocks.
About CompoSecure (Get Free Report)
CompoSecure, Inc. manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others. In addition, it offers Payments + Arculus Secure Authenticate, white-labeled cold storage wallet, Payments + Arculus Cold Storage, and Payments + Arculus Authentication + Arculus Cold Storage. The company serves financial institutions, plastic card manufacturers, system integrators, and security specialists. CompoSecure, Inc. was founded in 1910 and is based in Somerset, New Jersey.
About Payoneer Global (Get Free Report)
Payoneer Global Inc. operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services. It also offers various payment options with minimal integration required, full back-office functions, and customer support offered. The company's platform delivers bank-grade security, stability, and redundancy. It serves customers, such as small and medium-sized businesses in approximately 190 countries and territories worldwide. Payoneer Global Inc. was founded in 2005 and is headquartered in New York, New York.
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Shares of Payoneer Global Inc. (NASDAQ:PAYO – Get Free Report) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $7.5714.
Several research analysts recently commented on the company. Benchmark lowered their target price on Payoneer Global from $10.00 to $7.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Wall Street Zen cut Payoneer Global from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Payoneer Global in a research report on Thursday, January 22nd. Keefe, Bruyette & Woods cut their target price on shares of Payoneer Global from $7.50 to $7.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Finally, Needham & Company LLC decreased their price target on shares of Payoneer Global from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, February 26th.
Get Our Latest Report on Payoneer Global
Institutional Investors Weigh In On Payoneer Global Several institutional investors have recently modified their holdings of PAYO. Royal Bank of Canada increased its holdings in Payoneer Global by 299.7% in the first quarter. Royal Bank of Canada now owns 158,997 shares of the company’s stock valued at $1,162,000 after buying an additional 119,219 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Payoneer Global by 8.8% during the 1st quarter. AQR Capital Management LLC now owns 291,908 shares of the company’s stock worth $2,134,000 after buying an additional 23,533 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Payoneer Global during the 1st quarter worth about $172,000. United Services Automobile Association purchased a new position in shares of Payoneer Global in the 1st quarter valued at about $126,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Payoneer Global by 5.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 757,827 shares of the company’s stock valued at $5,540,000 after acquiring an additional 41,970 shares during the last quarter. 82.22% of the stock is owned by hedge funds and other institutional investors.
Payoneer Global Price Performance Payoneer Global stock opened at $4.92 on Friday. Payoneer Global has a 52-week low of $4.08 and a 52-week high of $7.66. The firm has a market cap of $1.70 billion, a PE ratio of 25.90, a price-to-earnings-growth ratio of 0.62 and a beta of 1.03. The company’s 50 day moving average is $5.19 and its two-hundred day moving average is $5.59.
Payoneer Global (NASDAQ:PAYO – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The company had revenue of $274.69 million for the quarter, compared to analysts’ expectations of $282.79 million. Payoneer Global had a return on equity of 10.89% and a net margin of 6.95%.The firm’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.05 EPS. On average, equities research analysts anticipate that Payoneer Global will post 0.34 earnings per share for the current fiscal year.
Payoneer Global Company Profile (Get Free Report)
Payoneer Global (NASDAQ: PAYO) operates a digital payments platform that enables businesses, marketplaces and professionals to send and receive cross-border payments. The company’s core offerings include multi-currency receiving accounts, mass payout services and working capital solutions. Through its platform, Payoneer facilitates global transactions by connecting payors and payees across a network of local bank transfers, card payouts and digital wallets, supporting the seamless movement of funds in over 150 currencies.
Founded in 2005, Payoneer has grown from a small fintech venture into a widely adopted payments infrastructure provider that serves clients in more than 200 countries and territories.
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Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, will report its First Quarter 2026 financial results on Thursday, May 7, 2026, before the market opens. Senior management will also host a conference call and earnings webcast to discuss 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 at https://investor.payoneer.com.
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
The market expects Payoneer Global Inc. (PAYO - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on May 7, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of -20%.
Revenues are expected to be $253.78 million, up 2.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.08% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Payoneer Global?For Payoneer Global, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -52.73%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Payoneer Global will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Payoneer Global would post earnings of $0.06 per share when it actually produced earnings of $0.05, delivering a surprise of -16.67%.
The company has not been able to beat consensus EPS estimates in any of the last four quarters.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Payoneer Global doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Financial Transaction Services industry, Global Payments (GPN - Free Report) , is soon expected to post earnings of $2.82 per share for the quarter ended March 2026. This estimate indicates no change from the year-ago quarter. Revenues for the quarter are expected to be $2.82 billion, up 28% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Global Payments has been revised 0.6% down to the current level. Nevertheless, the company now has an Earnings ESP of -2.39%, reflecting a lower Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Global Payments will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
11% increase in revenue ex. interest and strong profitability
44% B2B volume growth reflects acceleration across every major region
Increases 2026 guidance
, /PRNewswire/ -- Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today reported financial results for its first quarter ended March 31, 2026.
First Quarter 2026 Financial Highlights
($ in mm unless otherwise noted)
1Q 2025
2Q 2025
3Q 2025
4Q 2025
1Q 2026
YoY Change
Revenue ex. interest income
$188.6
$202.3
$211.4
$218.9
$210.1
11 %
Interest income
58.0
58.3
59.5
55.8
51.5
(11) %
Revenue
$246.6
$260.6
$270.9
$274.7
$261.6
6 %
Transaction costs as a % of revenue
16.0 %
15.6 %
15.7 %
15.6 %
13.5 %
(250) bps
Net income
$20.6
$19.5
$14.1
$19.0
$19.6
(5) %
Adjusted EBITDA
65.4
66.4
71.3
68.5
69.4
6 %
Adjusted EBITDA ex. interest income
7.5
8.1
11.7
12.8
17.9
140 %
Operational Metrics
Volume ($bn)
$19.7
$20.7
$22.3
$24.8
$22.8
16 %
Average Revenue Per User (ARPU)1
$ 439
$ 452
$ 471
$ 488
$513
17 %
Revenue as a % of volume ("Take Rate")
125 bps
126 bps
121 bps
111 bps
115 bps
(10) bps
SMB customer take rate2
119 bps
120 bps
121 bps
113 bps
120 bps
1 bp
1.
Please refer to "Additional Information and Definitions" for a description of ARPU.
2.
SMB customer take rate represents revenue from SMBs who sell on marketplaces, B2B SMBs, and Checkout (previously known as Merchant Services), divided by the associated volume from each respective channel.
"In Q1 we delivered acceleration across major KPIs: revenue growth ex. interest accelerated to 11%, B2B volume growth more than doubled to 44%, and we delivered another quarter of significant core profitability expansion. We are driving broad-based momentum across our business, supported by differentiated assets that compound as we scale. We have infrastructure built on years of investment and innovation, network effects that strengthen as volumes grow, and platform depth that allows us to meet the needs of how our customers operate globally.
We're a profitable, scaled platform in a multi-trillion-dollar B2B market that's still in the early innings of digitization, and our strong Q1 results demonstrate we're capturing share. We are executing consistently, moving fast where we see opportunities, and building a business that's not just larger, but structurally more valuable, with deeper strategic advantages and stronger customer relationships."
John Caplan, Chief Executive Officer
First Quarter 2026 Business Highlights (unless otherwise noted)
Revenue excluding interest income grew 11% year-over-year, driven by 16% volume growth led by a significant acceleration in B2B. SMB customer revenue of $189 million grew 12% year-over-year, reflecting: SMBs that sell on marketplaces revenue of $115 million, up 4% year-over-year. B2B SMBs revenue of $64 million, up 23% year-over-year. Checkout revenue of $10 million, up 46% year-over-year. B2B volume growth accelerated significantly to 44% year-over-year driven by strong growth in China, EMEA and APAC. Strong enterprise payouts momentum continued with 28% year-over-year volume growth. 17% growth in ARPU, and 22% growth in ARPU excluding interest income, the seventh consecutive quarter of 20%+ growth in ARPU excluding interest income. 1bp of SMB customer take rate expansion driven by mix shift towards higher yield products and services and the impact of our fee and monetization initiatives. $7.6 billion of customer funds (including both short-term and long-term funds) as of March 31, 2026. Customer funds growth of 15% year-over-year partially offset the impact of lower interest rates on year-over-year interest income. Significant year-over-year increase in share repurchases, with $74 million in the first quarter at a weighted average price of $5.16, vs $17 million in Q1 2025. Announced a strategic collaboration with FundPark, a fintech that provides financing solutions that help e-commerce businesses in Hong Kong accelerate their global business expansion. 2026 Outlook
"We begin 2026 with strong momentum. Revenue ex. interest is accelerating, robust growth in our B2B franchise is driving SMB take rate expansion, execution against our upmarket strategy is gaining traction and contributed to a seventh consecutive quarter of 20%+ growth in ARPU ex. interest, and core business profitability increased substantially. We're unlocking significant operating leverage while making meaningful investments, including in stablecoin and agentic AI, that we believe will support our durable, profitable growth.
We are increasing our full year 2026 guidance, reflecting $900-$940 million in revenue ex. interest and $200 million in interest income. We expect adjusted EBITDA1 of $285-$295 million. Our business fundamentals are strong, our strategic initiatives are working, and we're well-positioned to capitalize on the significant opportunity ahead of us."
Bea Ordonez, Chief Financial Officer
2026 guidance is as follows:
Revenue
$1,100 million - $1,140 million
Transaction costs
~15.0% of revenue
Adjusted EBITDA1
$285 million to $295 million
1.
The Company cannot reconcile its expected adjusted EBITDA to expected net income under "2026 Guidance" without unreasonable effort because certain items that impact net income and other reconciling metrics are out of the Company's control and/or cannot be reasonably predicted at this time, including income taxes and other financial (income) expense, net. Such unavailable information could have a significant impact on the Company's GAAP financial results. Please refer to "Financial Information; Non-GAAP Financial Measures" below for a description of the calculation of adjusted EBITDA.
Webcast
Payoneer will host a live webcast of its earnings on a conference call with the investment community beginning at 8:30 a.m. ET today, May 7, 2026. To access the webcast, go to the investor relations section of the Company's website at https://investor.payoneer.com. A replay will be available on the investor relations website following the call.
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
Forward-Looking Statements
This press release includes, and oral statements made from time to time by representatives of Payoneer, may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Payoneer's future financial or operating performance. For example, projections of future revenue, transaction costs and adjusted EBITDA are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expect," "intend," "plan," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Payoneer and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) changes in applicable laws or regulations; (2) the possibility that Payoneer may be adversely affected by geopolitical events and conflicts, such as Israel's and the United States' conflicts in the Middle East, and other economic, business and/or competitive factors, such as changes in global trade policies (including the imposition of tariffs); (3) changes in the assumptions underlying our financial estimates; (4) the outcome of any known and/or unknown legal or regulatory proceedings; and (5) other risks and uncertainties set forth in Payoneer's Annual Report on Form 10-K for the period ended December 31, 2025 and future reports that Payoneer may file with the SEC from time to time. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Payoneer does not undertake any duty to update these forward-looking statements.
Some of the financial information and data contained in this press release, such as adjusted EBITDA, have not been prepared in accordance with United States generally accepted accounting principles ("GAAP"). Payoneer uses certain non-GAAP measures to compare Payoneer's performance to that of prior periods for budgeting and planning purposes. Payoneer believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Payoneer's results of operations. Payoneer's method of determining these non-GAAP measures may be different from other companies' methods and, therefore, may not be comparable to those used by other companies and Payoneer does not recommend the sole use of these non-GAAP measures to assess its financial performance. Payoneer management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in Payoneer's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. In order to compensate for these limitations, management presents non-GAAP financial measures in connection with GAAP results. You should review Payoneer's financial statements, which are included in Payoneer's Annual Report on Form 10-K for the year ended December 31, 2025 and its subsequent Quarterly Reports on Form 10-Q, and not rely on any single financial measure to evaluate Payoneer's business.
Non-GAAP measures include the following items:
Adjusted EBITDA: We provide adjusted EBITDA, a non-GAAP financial measure that represents our net income (loss) adjusted to exclude, as applicable: M&A related expense (income), stock-based compensation expenses, restructuring charges, loss (gain) from change in fair value of warrants and warrant repurchase/redemption, other financial expense (income), net, income taxes, and depreciation and amortization.
Other companies may calculate the above measure differently, and therefore Payoneer's measures may not be directly comparable to similarly titled measures of other companies.
Additional Information and Definitions
In this earnings release, we reference volume, which is an operational metric. Volume refers to the total dollar value of transactions successfully completed or enabled by our platform, not including orchestration transactions. For a customer that both receives and later sends payments, we count the volume only once. Note: orchestration transactions ceased in 2024 and were related to our 2020 acquisition of optile GmbH.
We also reference ARPU (Average Revenue Per User), which is defined as the Revenue from Active Customers divided by the number of Active Customers over the period in which the Revenue was earned. Active Customers for these purposes are defined as Payoneer accountholders with at least 1 financial transaction over the period. Revenue from Active Customers represents revenue attributed to Active Customers based on their use of the Payoneer platform, including interest income earned from their balances, and excluding revenues unrelated to their activities.
Investor Contact:
Michelle Wang
[email protected]
Media Contact:
Angela Sullivan
[email protected]
TABLE - 1
PAYONEER GLOBAL INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)
(U.S. dollars in thousands, except share and per share data)
(Unaudited)
Three months ended
March 31,
2026
2025
Revenues
$
261,595
$
246,617
Transaction costs
35,202
39,349
Other operating expenses
40,011
41,658
Research and development expenses
43,326
37,271
Sales and marketing expenses
58,112
54,726
General and administrative expenses
36,007
29,904
Depreciation and amortization
18,916
14,390
Total operating expenses
231,574
217,298
Operating income
30,021
29,319
Financial expense:
Other financial expense, net
812
1,550
Financial expense, net
812
1,550
Income before income taxes
29,209
27,769
Income taxes
9,641
7,192
Net income
$
19,568
$
20,577
Other comprehensive income (loss)
Unrealized gain (loss) on available-for-sale debt securities, net
(8,351)
7,239
Tax benefit (expense) on unrealized gain (loss) on available-for-sale debt securities, net
1,902
(1,605)
Unrealized loss on cash flow hedges, net
(2,284)
(1,787)
Tax benefit on unrealized loss on cash flow hedges, net
446
327
Unrealized gain on interest rate floor, net
2,154
6,021
Tax expense on unrealized gain on interest rate floor, net
(613)
(1,276)
Foreign currency translation adjustments
(111)
(169)
Other comprehensive income (loss)
(6,857)
8,750
Comprehensive income
$
12,711
$
29,327
Per Share Data
Net income per share attributable to common stockholders — Basic earnings per
share
$
0.06
$
0.06
— Diluted earnings per share
$
0.06
$
0.05
Weighted average common shares outstanding — Basic
345,342,308
362,979,571
Weighted average common shares outstanding — Diluted
350,470,788
382,215,129
Disaggregation of revenue
The following table presents revenue recognized from contracts with customers as well as revenue from other sources:
(Unaudited)
Three months ended
March 31,
2026
2025
Revenue recognized at a point in time
$
206,899
$
185,333
Revenue recognized over time
1,152
930
Revenue from contracts with customers
$
208,051
$
186,263
Interest income on customer balances
$
51,537
$
57,972
Capital advance income
2,007
2,382
Revenue from other sources
$
53,544
$
60,354
Total revenues
$
261,595
$
246,617
The following table presents the Company's revenue disaggregated by primary regional market, with revenues being attributed to the country (in the region) in which the billing address of the transacting customer is located, with the exception of global bank transfer revenues, where revenues are disaggregated based on the billing address of the transaction funds source.
(Unaudited)
Three months ended
March 31,
2026
2025
Primary regional markets
Greater China(1)
$
86,616
$
84,896
Europe, Middle East, and Africa(2)
64,751
58,893
Asia-Pacific(2)
58,185
51,260
Latin America(2)
26,047
27,873
North America(3)
25,996
23,695
Total revenues
$
261,595
$
246,617
1.
Greater China is inclusive of mainland China, Hong Kong, Macao and Taiwan.
2.
No single country included in any of these regions generated more than 10% of total revenue.
3.
The United States is the Company's country of domicile. Of North America revenues, the U.S. represents $25,123 and $22,624 during the three months ended March 31, 2026 and 2025
TABLE - 2
PAYONEER GLOBAL INC.
RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA (UNAUDITED)
(U.S. dollars in thousands)
Three months ended
March 31,
2026
2025
Net income
$
19,568
$
20,577
Depreciation and amortization
18,916
14,390
Income taxes
9,641
7,192
Other financial expense, net
812
1,550
EBITDA
48,937
43,709
Stock based compensation expenses(1)
18,524
18,755
M&A related expenses(2)
478
337
Restructuring charges(3)
1,509
2,630
Adjusted EBITDA
$
69,448
$
65,431
Three months ended,
Mar. 31, 2025
June 30, 2025
Sept. 30, 2025
Dec. 31, 2025
Mar. 31, 2026
Net income
$
20,577
$
19,480
$
14,123
$
19,012
$
19,568
Depreciation and amortization
14,390
15,553
16,140
19,542
18,916
Income taxes
7,192
10,370
16,388
8,446
9,641
Other financial expense, net
1,550
227
5,836
1,466
812
EBITDA
43,709
45,630
52,487
48,466
48,937
Stock based compensation expenses(1)
18,755
20,059
17,799
16,491
18,524
M&A related expenses(2)
337
736
981
1,339
478
Restructuring charges(3)
2,630
—
—
2,243
1,509
Adjusted EBITDA
$
65,431
$
66,425
$
71,267
$
68,539
$
69,448
1.
Represents non-cash charges associated with stock-based compensation expense, which has been, and will continue to be for the foreseeable future, a significant recurring expense in our business and an important part of our compensation strategy.
2.
Amounts relate to M&A-related third-party fees, including related legal, consulting and other expenditures. For the three months ended March 31, 2026, $0.5 million of these expenses related to the acquisition of Boundless and the non-recurring fair value adjustment of the Skuad contingent consideration liability discussed in Note 3 to our condensed consolidated financial statements included elsewhere within this Quarterly Report on Form 10-Q. Amounts for the three months ended March 31, 2025 include $0.3 million in non-recurring fair value adjustment of the Skuad contingent consideration liability discussed in Note 3 to our condensed consolidated financial statements included elsewhere within this Quarterly Report on Form 10-Q.
3.
Represents non-recurring costs related to severance and other employee termination benefits.
TABLE - 3
PAYONEER GLOBAL INC.
EARNINGS PER SHARE
(U.S. dollars in thousands, except share and per share data)
(Unaudited)
Three months ended March 31,
2026
2025
Numerator:
Net income
$
19,568
$
20,577
Denominator:
Weighted average common shares outstanding —
Basic
345,342,308
362,979,571
Add:
Dilutive impact of RSUs, ESPP and options to purchase common stock
5,128,480
18,362,026
Dilutive impact of private Warrants
—
873,532
Weighted average common shares — diluted
350,470,788
382,215,129
Net income per share attributable to common stockholders — Basic earnings per
share
$
0.06
$
0.06
Diluted earnings per share
$
0.06
$
0.05
TABLE - 4
PAYONEER GLOBAL INC.
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(U.S. dollars in thousands, except share and per share data)
March 31,
December 31,
2026
2025
Assets:
Current assets:
Cash and cash equivalents
$
339,365
$
415,537
Restricted cash
4,851
6,090
Customer funds
7,245,415
7,544,541
Accounts receivable (net of allowance of $843 and $501 at March 31, 2026 and
December 31, 2025, respectively)
12,634
10,412
Capital advance receivables (net of allowance of $3,676 at March 31, 2026 and $3,953 at
December 31, 2025)
37,234
43,665
Other current assets
83,969
90,671
Total current assets
7,723,468
8,110,916
Non-current assets:
Property, equipment and software, net
39,739
32,437
Goodwill
86,188
77,785
Intangible assets, net
214,443
208,053
Customer funds
350,000
350,000
Restricted cash
23,561
23,604
Deferred tax assets, net
60,261
56,898
Severance pay fund
867
856
Operating lease right-of-use assets
63,750
62,257
Other assets
35,729
33,783
Total assets
$
8,598,006
$
8,956,589
Liabilities and shareholders' equity:
Current liabilities:
Trade payables
$
41,811
$
44,611
Outstanding operating balances
7,595,415
7,894,541
Other payables
124,637
144,568
Total current liabilities
7,761,863
8,083,720
Non-current liabilities:
Deferred tax liabilities, net
25,455
25,051
Other long-term liabilities
151,613
143,391
Total liabilities
7,938,931
8,252,162
Commitments and contingencies
Shareholders' equity:
Preferred stock, $0.01 par value, 380,000,000 shares authorized; no shares were issued
and outstanding at March 31, 2026 and December 31, 2025.
—
—
Common stock, $0.01 par value, 3,800,000,000 and 3,800,000,000 shares authorized;
415,278,698 and 411,826,086 shares issued and 337,813,340 and 348,704,315 shares
outstanding at March 31, 2026 and December 31, 2025, respectively.
4,153
4,118
Treasury stock at cost, 77,465,358 and 63,121,771 shares as of March 31, 2026 and
December 31, 2025, respectively.
(443,483)
(368,867)
Additional paid-in capital
912,812
896,294
Accumulated other comprehensive loss
(13,134)
(6,277)
Retained earnings
198,727
179,159
Total shareholders' equity
659,075
704,427
Total liabilities and shareholders' equity
$
8,598,006
$
8,956,589
TABLE - 5
PAYONEER GLOBAL INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(U.S. dollars in thousands)
March 31,
2026
2025
Cash Flows from Operating Activities
Net income
$
19,568
$
20,577
Adjustment to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
18,916
14,390
Deferred taxes
(1,108)
(2,279)
Stock-based compensation expenses
18,524
18,755
Interest on certificate of deposits
(5,718)
(6,725)
Interest and amortization of premium/discount on investments
401
(2,685)
Net realized (gains) losses on derivative instruments
(94)
117
Foreign currency re-measurement (gain) loss
684
(1,811)
Changes in operating assets and liabilities:
Other current assets
6,802
17,165
Trade payables
(6,750)
(2,883)
Deferred revenue
1,900
358
Accounts receivable, net
(2,187)
2,555
Capital advance extended to customers
(64,160)
(84,078)
Capital advance collected from customers
70,591
95,232
Other payables
(15,154)
(17,108)
Other long-term liabilities
6,603
(781)
Operating lease right-of-use assets
3,139
2,121
Other assets
(126)
796
Net cash provided by operating activities
51,831
53,716
Cash Flows from Investing Activities
Purchase of property, equipment and software
(10,148)
(4,726)
Capitalization of internal use software
(18,619)
(16,067)
Severance pay fund distributions, net
(11)
17
Customer funds in transit, net
(22,319)
(19,742)
Purchases of investments in available-for-sale debt securities
(80,375)
(71,968)
Maturities of investments in available-for-sale debt securities
75,000
64,500
Settlement of cash flow hedges
2,061
—
Cash paid in connection with acquisition, net of cash acquired
(6,479)
—
Net cash used in investing activities
(60,890)
(47,986)
Cash Flows from Financing Activities
Proceeds from issuance of common stock in connection with stock-based compensation plan,
net of taxes paid related to settlement of equity awards and proceeds from employee equity
transactions to be remitted to employees
(2,543)
(4,400)
Outstanding operating balances, net
(301,781)
(385,763)
Receipts of collateral on interest rate derivatives
32,860
25,610
Payments of collateral on interest rate derivatives
(32,680)
(20,140)
Consideration related to previous acquisitions
(6,519)
—
Common stock repurchased
(74,991)
(17,753)
Net cash used in financing activities
(385,654)
(402,446)
Effect of exchange rate changes on cash and cash equivalents
(808)
1,878
Net change in cash, cash equivalents, restricted cash and customer funds
(395,521)
(394,838)
Cash, cash equivalents, restricted cash and customer funds at beginning of period
6,416,707
5,658,210
Cash, cash equivalents, restricted cash and customer funds at end of period
$
6,021,186
$
5,263,372
Supplemental information of investing and financing activities not involving cash flows:
Property, equipment, and software acquired but not paid
$
1,485
$
—
Internal use software capitalized but not paid
$
6,694
$
4,959
Common stock repurchased but not paid
$
1,942
$
—
Right of use assets obtained in exchange for new operating lease liabilities
Payoneer Global Inc. (PAYO - Free Report) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +51.13%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.05, delivering a surprise of -16.67%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Payoneer Global, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $261.6 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.08%. This compares to year-ago revenues of $246.62 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Payoneer Global shares have lost about 13.5% since the beginning of the year versus the S&P 500's gain of 7.6%.
What's Next for Payoneer Global?While Payoneer Global has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Payoneer Global was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.05 on $266 million in revenues for the coming quarter and $0.26 on $1.11 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial Transaction Services is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Freightos Limited (CRGO - Free Report) , is yet to report results for the quarter ended March 2026.
This company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Freightos Limited's revenues are expected to be $7.47 million, up 7.5% from the year-ago quarter.
CocaCola (NYSE:KO) EVP Jennifer Mann Sells 23,984 SharesMarketBeat
CocaCola Company (The) (NYSE:KO - Get Free Report) EVP Jennifer Mann sold 23,984 shares of the firm's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the transaction, the executive vice president owned 157,400 shares of the company's stock, valued at approximately $13,128,734. The trade was a 13.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
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Read CocaCola (NYSE:KO) EVP Jennifer Mann Sells 23,984 Shares
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Dutch Bros (NYSE:BROS) Major Shareholder Sells $15,759,829.98 in StockMarketBeat
Dutch Bros Inc. (NYSE:BROS - Get Free Report) major shareholder Dm Individual Aggregator, Llc sold 261,054 shares of the company's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $60.37, for a total transaction of $15,759,829.98. Following the completion of the sale, the insider owned 2,671,855 shares in the company, valued at $161,299,886.35. This represents a 8.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
NYSE:BROS
Read Dutch Bros (NYSE:BROS) Major Shareholder Sells $15,759,829.98 in Stock
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Insider Selling: Dutch Bros (NYSE:BROS) Major Shareholder Sells 261,055 Shares of StockMarketBeat
Dutch Bros Inc. (NYSE:BROS - Get Free Report) major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of the business's stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $63.02, for a total value of $16,451,686.10. Following the completion of the transaction, the insider owned 2,410,800 shares in the company, valued at approximately $151,928,616. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
NYSE:BROS
Read Insider Selling: Dutch Bros (NYSE:BROS) Major Shareholder Sells 261,055 Shares of Stock
2 hours ago
Travis Boersma Sells 749,999 Shares of Dutch Bros (NYSE:BROS) StockMarketBeat
Dutch Bros Inc. (NYSE:BROS - Get Free Report) Chairman Travis Boersma sold 749,999 shares of Dutch Bros stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $60.39, for a total transaction of $45,292,439.61. Following the completion of the sale, the chairman owned 2,671,855 shares of the company's stock, valued at $161,353,323.45. This represents a 21.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Dutch Bros Inc. (NYSE:BROS - Get Free Report) Chairman Travis Boersma sold 750,000 shares of the company's stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $63.02, for a total value of $47,265,000.00. Following the sale, the chairman owned 2,410,800 shares in the company, valued at approximately $151,928,616. This trade represents a 23.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
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Software infrastructure stocks trading under $10 rarely sit in that bucket by accident, but a handful of names in payments, ad-tech, and enterprise AI throw off operating numbers that usually belong to mid-caps. With AI agent adoption pulling cross-border commerce, real-time engagement, and performance advertising into the same conversation, low share prices increasingly look like a window of opportunity. Several of these tickers have turned the corner on profitability or raised full-year guidance.
Here are four software infrastructure stocks trading under $10 worth a closer look on the buy side.
Rezolve AI (NASDAQ: RZLV) Rezolve AI (NASDAQ:RZLV) runs an agentic commerce platform (Brain Commerce, Brain Checkout, brainpowa) for enterprise retailers. Shares closed at $2.81 on May 12, 2026, up 18.07% over the past month and 30.7% over the past year, a meaningful reset for a name with a roughly $1.12 billion market cap.
The bull case starts with Q1 2026: preliminary revenue of $60.00 million, more than the company’s entire $46.80 million FY2025 revenue, against reaffirmed FY2026 guidance of $360 million. Management says it can reach profitability without raising additional equity, and the platform serves 950+ enterprise clients with strategic ties to Microsoft, Google, and Tether. CEO Daniel M. Wagner called the quarter “a major inflection point”, and renewed acquisition interest around the company has added a floor to the narrative.
The risk is real: numbers are preliminary and unaudited, and a sub-$3 share price signals fragility. Even so, the revenue acceleration is hard to ignore.
Payoneer Global (NASDAQ: PAYO) Payoneer Global (NASDAQ:PAYO) provides cross-border payments infrastructure for SMBs and B2B marketplaces. The stock changed hands at $5.12 on May 12, 2026, up 10.34% in the past month on a roughly $1.71 billion market cap.
Q1 2026 revenue ex-interest grew 11% year over year, B2B volume more than doubled to 44%, and ARPU ex-interest expanded 22% for the seventh straight quarter above 20%. Management raised FY2026 guidance to $1.10 billion to $1.14 billion in revenue with adjusted EBITDA of $285 million to $295 million, and repurchased $74 million of stock in the quarter at an average $5.16. CEO John Caplan framed it as “a profitable, scaled platform in a multi-trillion-dollar B2B market that’s still in the early innings of digitization.”
Interest income fell 11% to $51.50 million, but the core business is accelerating, and the buyback signal is loud. The setup favors patient buyers.
Agora (NASDAQ: API) Agora (NASDAQ:API) sells real-time engagement APIs for voice, video, and live streaming and is pushing into conversational and physical AI. Shares finished at $3.87 on May 12, 2026.
Q4 2025 revenue rose 10.7% to $38.16 million, the fifth straight quarter of GAAP profitability, and FY2025 marked Agora’s first full year of profitability since 2018. A Super Bowl live shopping event reached nearly 600,000 peak concurrent viewers with sub-second latency, and the conversational AI engine has more than doubled in usage each quarter since its March 2025 launch. Buybacks have been aggressive, with $143.1 million of a $200 million program already utilized.
China exposure through Shengwang and an 89% net retention rate remain overhangs, but the AI engagement story has tangible adoption data behind it.
Taboola (NASDAQ: TBLA) Taboola (NASDAQ:TBLA) operates a content discovery and performance advertising platform anchored by Realize and Connexity. The stock closed at $5.16 on May 12, 2026, up 54.03% in the last month.
Q1 2026 revenue grew 9.1% to $466.39 million, beating estimates by 2.9%, while free cash flow more than doubled to $90.3 million. Management raised FY2026 guidance to $2.006 billion to $2.062 billion in revenue with adjusted EBITDA of $222 million to $240 million, and Benchmark lifted its price target to $6.50. CEO Adam Singolda said the company is “starting the year strong, exceeding the high end of our guidance across all metrics.”
The headline EPS of $0.20 was inflated by a $77 million one-time legal settlement, and ad-spend macro risk lingers. The underlying cash generation and buyback cadence support the constructive read.
Each of these names carries real execution risk, and the cleanest financials in this group still come with caveats around macro, China exposure, or one-time items. Use the data above as a launchpad for your own research before committing capital.
Payoneer continues as a core global payout infrastructure partner to Upwork, providing wallet and "direct to local bank" payouts for international Upwork customers
, /PRNewswire/ -- Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced an extension of its strategic partnership with Upwork, the world's human and AI-powered work marketplace, marking 15 years of collaboration supporting the global freelance economy.
Under the renewed agreement, Payoneer will continue to serve as a primary wallet and "Direct to Local Bank" payout partner for Upwork, supporting both existing and new international Upwork customers across Africa, Asia Pacific, Europe, Latin America, and the Middle East—backed by Payoneer's reach across 190 countries and territories.
The collaboration also marks a new phase of joint innovation. Upwork will join Payoneer as a Design Partner to explore stablecoin-enabled payouts to help address rising demand from freelancers seeking faster, more flexible access to funds in Latin America and other emerging markets.
The companies will also partner on leveraging Upwork's global talent pool to support Payoneer's ecosystem of small and medium-sized business (SMB) clients, helping expand access to cross-border talent and business opportunities.
"Our long-standing partnership with Upwork shows what's possible when deep technical and operational alignment, regulatory strength, and global reach come together to simplify cross-border payments for global talent," said Ya Wen, Senior Vice President of Global Marketplaces, Payoneer. "Through the Payoneer global financial stack, Upwork freelancers gain access to the Payoneer Account, global bank transfers, and FX management—benefits they need to grow their businesses across borders."
Payoneer's global financial infrastructure and regulatory footprint help support secure, compliant cross-border payouts at scale across key international markets. The company's platform is built on a network of nearly 100 banks and payment service providers and continues to support innovation in real time payments and global money movement.
This collaboration reinforces Payoneer's broader mission of powering the infrastructure behind global digital commerce, supporting marketplaces, SMBs and entrepreneurs operating across borders.
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
For more information, visit www.payoneer.com.
Media Contact
[email protected]
Forward-Looking Statements
This press release includes, and oral statements made from time to time by representatives of Payoneer, may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Payoneer's future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expect," "intend," "plan," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Payoneer and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) changes in applicable laws or regulations; (2) the possibility that Payoneer may be adversely affected by geopolitical events and conflicts, such as Israel's and the United States' conflicts in the Middle East, and other economic, business and/or competitive factors, such as changes in global trade policies (including the imposition of tariffs); (3) changes in the assumptions underlying our financial estimates; (4) the outcome of any known and/or unknown legal or regulatory proceedings; and (5) other risks and uncertainties set forth in Payoneer's Annual Report on Form 10-K for the period ended December 31, 2025 and future reports that Payoneer may file with the SEC from time to time. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Payoneer does not undertake any duty to update these forward-looking statements.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that John Caplan, Chief Executive Officer, will present at the William Blair 46th Annual Growth Stock Conference on Tuesday, June 2, 2026 beginning at approximately 12:20 pm ET.
Investors and interested parties can access the live webcast and replay of the presentation by visiting the Company's investor relations website at https://investor.payoneer.com/
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
Investor Relations:
Michelle Wang
[email protected]
Canadian payments company Nuvei is in talks to acquire Payoneer for approximately $2.7 billion, Reuters reported Tuesday (June 9).
The purchase price includes Payoneer’s cash, implying an enterprise value of roughly $2.3 billion, according to the report, which cited unnamed sources who said a deal could be signed within the coming days.
Reached by PYMNTS, Payoneer declined to comment on the report. Nuvei did not respond to PYMNTS’ request for comment.
A purchase would meld Nuvei’s payment acceptance business with New York-based Payoneer’s networks for transmitting funds to suppliers, freelancers and sellers, the report said. It would also give Nuvei more of a presence in emerging markets and access to Payoneer’s large online marketplace customers, which include Amazon, Walmart and eBay.
Payments firms are increasingly looking to scale through mergers and acquisitions, along with exposure to faster-growing segments such as cross-border and B2B payments, as growth in traditional payment processing slows, according to the report.
Last week, cross-border payments company OpenFX announced plans to acquire Dutch payments infrastructure firm Embed. The company said the deal offers OpenFX its first “regulated presence” in the European Economic Area and the United Kingdom, as Embed holds licenses in all EEA states and the U.K.
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“As we continue to pursue our mission to bring modern financial rails to the entire world, we are proud to be joined by the team at Embed,” OpenFX Founder Prabhakar Reddy said in a June 2 news release. “They have built a spectacular product that will help grow our capabilities, particularly in Europe.”
PYMNTS took a closer look at the acquisition trend in the FinTech space in April, following a series of deals by Stripe, Mastercard, Flutterwave and Airwallex targeting areas like billing, settlement, data and licensing.
Each of these categories connects to a “control point within the transaction lifecycle,” the report said, while the repetition across acquisitions demonstrates that companies are not experimenting. Rather, they’re putting together the same set of capabilities to control how transactions are constructed from beginning to end. Payments remain key, but they are no longer sufficient by themselves.
“The pace of acquisitions suggests that firms are moving quickly to secure these capabilities while they remain available,” the report said. “Building them internally would require time and coordination across multiple systems. Acquisitions provide a direct path to integration. The result is a market that is organizing around platform control.”
Payoneer Global (PAYO +0.89%), a cross-border payments platform, closed Tuesday at $6.39, up 24.32%. The stock jumped after reports that Canadian payments firm Nuvei is in advanced talks to acquire Payoneer for about $2.7 billion. Trading volume reached 51.7 million shares, about 1,005% above its three-month average of 4.7 million shares. Payoneer Global IPO'd in 2020 and has fallen 34% since going public.
How the markets moved todayThe S&P 500 slipped 0.26% to finish Tuesday at 7,386, while the Nasdaq Composite lost 0.97% to close at 25,679. Within the financial technology sector, rival PayPal closed at $41.46, up 0.48%, as investors weighed ongoing digital payments adoption alongside deal speculation around Payoneer Global.
What this means for investorsJust two years after private equity firm Advent International acquired Nuvei for $6.3 billion, the acquiree is trying to make a purchase of its own, offering $2.7 billion for Payoneer Global. However, even after Payoneer Global’s stock jumped 24% today, its market cap of $2.15 billion still sits 25% below Nuvei’s offer -- so the market isn’t fully convinced the deal will reach the finish line just yet.
Payoneer specializes in digital payments and cross-border transfers and would seem to fit in nicely alongside Nuvei’s primary business of payment acceptance solutions for merchants. Shareholders may be in a tough spot, though, as Payoneer’s revenue growth has slowed dramatically, so it may not feel like a great ten-year holding right now, but Nuvei’s acquisition price isn’t much higher than the stock’s 52-week high.
Josh Kohn-Lindquist has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short June 2026 $50 calls on PayPal. The Motley Fool has a disclosure policy.
Yes, payments fintech is consolidating. Card networks want more control over card issuance, processors are chasing small-business customers, and private equity is hunting for profitable software companies selling at a massive discount from their 2021 peaks. Three beaten-down merchant and small and medium-sized business payments names stand out as plausible takeover targets. No deals have been announced, and every scenario below is speculative.
We scored each name against:
Market capitalization relative to revenue Cash runway and free cash flow profile Growth trajectory and strategic owner need Founder or CEO transitions Active share buybacks Credible acquirers with obvious stack fit Here is the countdown from least to most likely to be acquired.
3. Payoneer Global Payoneer Global (NASDAQ: PAYO) is the largest of the three by market value at roughly $2.2 billion, making it the least digestible. Its Q1 revenue of $261.6 million grew 6.1% year over year and exceeded consensus estimates by 2.6%, but revenue excluding interest grew 11%, and B2B volume jumped 44%.
The strategic story dampens the takeover case. Payoneer is consolidating itself, having acquired Boundless for $13 million in January, picked up Easylink in China, and applied for an OCC national trust bank charter to build stablecoin infrastructure. With $7.6 billion in customer float and a Bridge partnership, Payoneer looks more like an independent platform than a target. Heavy insider selling complicates the takeover case: CEO John Caplan, the CFO, and the Chief Legal Officer collectively sold 172,263 shares over six weeks at prices between $4.60 and $5.17.
Payoneer shares last closed at $6.67, which is up 18.7% year to date.
2. Marqeta Marqeta (NASDAQ: MQ | MQ Price Prediction) is the smallest of the three at about $1.6 billion in market cap and has crossed a profitability inflection that makes it far more digestible. It delivered Q1 GAAP net income of $7.83 million versus a year-ago loss, with EPS of $0.02 beating the −$0.01 consensus. Revenue rose 19.2% to $165.80 million, and total processing volume climbed 33% to $112.36 billion.
CEO Mike Milotich said the quarter “demonstrate[s] the power of our platform at scale as we delivered on our promise of achieving GAAP Net Income profitability.” Management bought back $391.4 million of stock in FY2025 and another $39.21 million in Q1. Marqeta is a pure-play card issuing rail with certification in 40+ countries, a Mastercard One Credential partnership, and embedded finance design wins at Ramp and Sezzle. That asset is precisely what Visa, Stripe, Adyen, or a larger bank might covet.
The stock closed at $3.97, down 30.1% over the past year, and trades at a forward multiple of 200x, but EV/revenue is just 1.5x. Insider June 1 vesting activity was compensation-driven rather than discretionary buying, which softens the takeover case.
1. Lightspeed Commerce Lightspeed Commerce (NYSE: LSPD) is the cleanest takeover setup of the three. The market cap is $1.3 billion, yet book value per share is $10.77 against a stock price of $9.53. The price-to-book ratio is 0.886, meaning the market values the entire equity below the carrying value of its assets. Shares are down 21.0% over the past year and about the same year to date.
Founder Dax Dasilva has returned to lead a multi-year transformation, and portfolio cleanup is underway. Lightspeed divested its Upserve U.S. hospitality unit to Skyview Equity for up to $81 million, a move that often precedes a full sale. The prior normal course issuer bid (NCIB) was fully exhausted at 9,013,953 shares at a weighted average of CAD$12.86, and a renewed $400 million buyback runs through May 2027. Q4 revenue of $290.80 million grew 14.75%, gross payment volume reached $9.6 billion, and FY2026 free cash flow turned positive at $18.20 million. Dasilva called it “a resounding success” with growth engines adding roughly 3,200 net customer locations.
A unified POS and payments stack at sub book valuation is exactly what Block, Shopify, Fiserv, or Global Payments would target, and PE rollups have the capital to act.
The Cleanest Setup Lightspeed checks every box. It trades below book value, the founder is mid-transformation with a finite runway, non-core assets have been sold, the buyback is sized aggressively, and the dual-listed NYSE and TSX structure gives a strategic acquirer a clean path. Marqeta and Payoneer carry strategic value, but Lightspeed is the cleanest takeover setup of the three for 2026.
