PAYO — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• The Payoneer financial stack is comprised of a secure, regulated payment infrastructure platform that provides customers with a one stop, global, multi-currency account to serve their comprehensive cross-border accounts receivable (“AR”) and accounts payable (“AP”) needs, including multicurrency acc…

• Payoneer serves SMBs located in more than 190 countries and territories and operating in a wide variety of industries, and we have nearly 2 million active customers. Customers include goods exporters selling cross-border to consumers and other businesses, services companies exporting their capabilit…

• Payoneer has built a meaningful brand and efficient go-to-market engine that enables us to drive customer acquisition and growth through a diverse range of channels. We leverage our global partnerships and enterprise relationships, deep local knowledge and sales presence, product- and customer-drive…

• Our customers have trusted the Payoneer platform to process $22.8 billion and $19.7 billion in volume during the three months ended March 31, 2026 and 2025, respectively.

• Although the timing, magnitude and changes in interest rates remains uncertain, a decline in interest rates would negatively impact our interest income. In response, to reduce our sensitivity to declines in short term interest rates we have invested $1.8 billion of our customer funds in both availab…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• We primarily generate revenues when Payoneer customers use the funds in their Payoneer account to make a payment, make a purchase or to withdraw the funds to a financial institution. For our customers transacting on a B2B or DTC basis, we also in certain circumstances generate revenue when they rece…

• Our customers have trusted the Payoneer platform to process $22.3 billion and $20.4 billion in volume during the three months ended September 30, 2025 and 2024, respectively, and $62.7 billion and $57.6 billion in volume during the nine months ended September 30, 2025 and 2024, respectively.

• As we increase the utility of the Payoneer Account, we have grown customer funds on our platform over a multi-year period to $7.1 billion as of September 30, 2025. Through 2023, the U.S. Federal Reserve raised the target benchmark interest rate to 525 to 550 basis points. Coupled with continued grow…

• On April 9, 2025, Payoneer acquired 100% of the outstanding equity of Payeco Finance Information Holding Corporation, the parent company of EasyLink Payment Co., Ltd., a licensed China based payment service provider. The acquisition strengthens Payoneer’s global regulatory infrastructure and positio…

• Transaction costs were $42.5 million for the three months ended September 30, 2025, an increase of $4.4 million, or 12%, compared to the prior-year period driven primarily by an increase of $4.8 million in bank and processor fees and $2.0 million in card network fees partially offset by a reduction …