Payoneer Reports Third Quarter 2026 Financial Results with Strong B2B Growth
Payoneer Global Inc. (NASDAQ: PAYO) reported third-quarter 2026 financial results characterized by a 13% year-over-year increase in total volume, reaching $25.3 billion. This growth was primarily driven by a significant 59% surge in B2B volume and a 48% rise in Checkout volume. While total revenue saw a modest 2% increase to $276.9 million, the company's upmarket strategy is yielding results through an 18% increase in Average Revenue Per User (ARPU). The company also provided updates on its strategic expansion and M&A activity. Shareholders approved the merger with Nuvei on September 14, 2026, with a target closing date set for mid-2027. Additionally, Payoneer strengthened its regulatory footprint by obtaining new payment licenses in Canada and Israel to support its global cross-border commerce infrastructure.
Tickers: $PAYO
Topics: B2B growth financial results fintech merger approval