Payoneer Inc. ( (PAYO) ) has released its Q2 earnings. Here is a breakdown of the information Payoneer Inc. presented to its investors.
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Payoneer Inc. is a global financial technology company that facilitates cross-border business growth by providing financial tools and services to small and medium-sized enterprises (SMBs) worldwide, particularly in emerging markets.
In its second quarter of 2025, Payoneer reported a record quarterly revenue excluding interest income and announced a significant $300 million share repurchase authorization, reflecting strong performance and confidence in its strategic direction.
Key financial highlights include a 16% year-over-year increase in revenue excluding interest income, driven by an 11% growth in transaction volume and a notable expansion in the take rate from SMB customers. The company also reported a 21% year-over-year growth in average revenue per user (ARPU) and a significant increase in SMB customer revenue, particularly in the B2B and Checkout segments. Additionally, Payoneer has partnered with Stripe to enhance its Checkout offerings and renewed its agreement with Mastercard to support its multi-currency card services.
Despite a 40% decline in net income compared to the previous year, Payoneer maintained a strong operational performance with a robust balance sheet, highlighted by $7 billion in customer funds and an accelerated share repurchase program. The company remains focused on expanding its financial stack and improving its money movement infrastructure.
Looking ahead, Payoneer has reinstated its 2025 guidance, projecting revenue between $1.04 billion and $1.06 billion, with an adjusted EBITDA of $260 million to $275 million. The company is committed to sustaining profitability and leveraging its strong market position to drive long-term growth.