Name | Value |
---|---|
Revenues | 260.6M |
Cost of Revenue | 40.6M |
Gross Profit | 220.0M |
Operating Expense | 190.0M |
Operating I/L | 30.1M |
Other Income/Expense | -0.2M |
Interest Income | 58.3M |
Pretax | 29.9M |
Income Tax Expense | 10.4M |
Net Income/Loss | 19.5M |
Payoneer Global Inc. operates a payment and commerce-enabling platform that provides cross-border payment solutions for marketplaces, platforms, and online merchants worldwide. The company offers a suite of services including cross-border payments, B2B accounts payable/accounts receivable, multi-currency accounts, physical and virtual Mastercard cards, working capital, merchant, tax, compliance, and risk solutions. Its platform ensures bank-grade security, stability, and redundancy, enabling seamless global transactions. Payoneer's revenue is generated through transaction fees, currency conversion fees, and service charges for its various financial and commerce services.