Payoneer - Interesting FinTech company.
-Dynamic Growth: $PAYO+0.2%shares are up 20% year-to-date thanks to continued momentum from fiscal 2023.
-A leader in cross-border payments: $PAYO specializes in providing seamless cross-border payment solutions for businesses and individuals.
Products and Services:
- Payment Services: Offers payment processing, multi-currency accounts and working capital solutions.
- Target Audience: Targets freelancers, e-commerce merchants and small and medium-sized businesses.
Financial Performance:
- Revenue growth: Year-over-year revenue growth of 19% to $228.2 million.
- Earnings per share: Increase of 300% to 8 cents per share.
- Transaction Volume: Increase in total transaction volume of 21% over prior year.
What do you investors think of this FinTech company?
