Partnerships And InfrastructurePayoneer's partnership with Citigroup allows it to access bank-grade blockchain infrastructure, positioning the company as a beneficiary of the global adoption of tokenized finance and protecting it against potential disintermediation.
Revenue GrowthPAYO beat Street expectations on both revenue and adjusted EBITDA, delivering 15% year-over-year growth in revenue excluding interest income and achieving expanded profitability despite a headwind from lower interest rates.
Strategic PositioningPAYO expects to make stablecoin wallet functionality available on its platform, positioning itself as a bridge between traditional and blockchain-based payment systems, enhancing its optionality as stablecoins become mainstream.