Payoneer Inc. ( (PAYO) ) has released its Q1 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 transactions for small and medium-sized businesses, particularly in emerging markets, by providing a comprehensive financial stack. In its first quarter of 2025, Payoneer reported a 16% year-over-year increase in revenue excluding interest income, driven by strong performance from B2B customers and its Card product. The company also highlighted its strategic expansion into China with the acquisition of Easylink Payment Co., Ltd., further bolstering its regulatory infrastructure. Key financial metrics for the quarter included a 7% increase in transaction volume and a 22% rise in ARPU excluding interest income, while net income saw a decline of 29% compared to the previous year. Despite the positive revenue growth, Payoneer has suspended its full-year 2025 guidance due to macroeconomic uncertainties, focusing instead on supporting its diverse customer base in navigating the dynamic global trade environment.