Trade Payoneer Global Inc - PAYO CFD

Payoneer Global Inc. Company profile

About Payoneer Global Inc

Payoneer Global Inc. is a global payment services company, which helps people and businesses to send money and make payments around the world. The Company offers a suite of services that includes cross-border payments, physical and virtual Mastercard cards, working capital, risk management and other services. The Company is a registered member service provider (MSP) with Mastercard, and markets, manages and services prepaid cards on behalf of issuing banks. It provides marketplaces and other enterprises with mass payout services through application program interface (APIs) and online application. The mass payout services enterprises to pay sellers across the world with localized payment methods, including local bank payments, international wires, mobile wallets, physical and virtual cards and paper checks. It offers various services such as eCommerce, business to business (B2B), digital services, remote work, travel customer base, content creation, gaming, e-learning and accounting.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Payoneer Global Inc revenues increased from $0K to $334.2M. Net loss increased from $90K to $15.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Basic Earnings per Share excluding Extraordinary Items totaled to -$0.24.