Earnings ·
Payoneer Global Inc. reported financial results for the second quarter ended June 30, 2026, revealing a net loss of…
PAYOPayoneer Global Inc.
Payoneer Global Inc. reported financial results for the second quarter ended June 30, 2026, revealing a net loss of $2.4 million compared to net income of $19.5 million in the prior year period. Revenue increased 5% year-over-year to $274.3 million, driven by a 10% rise in revenue excluding interest and 15% volume growth led by a 48% surge in B2B transactions. Adjusted EBITDA grew 7% to $71.4 million. The company suspended its share repurchase program pending the proposed acquisition by Nuvei for $7.40 per share, with HSR clearance granted on July 28, 2026. Payoneer operates in the financial technology industry, providing cross-border payment and global business growth solutions.