Payoneer Global Inc. Stock Analysis PAYO

Payoneer Global, Inc. is a financial technology company, which engages in providing a financial platform for small and medium-sized businesses to transact and do business. The company is headquartered in New York City, New York and currently employs 2,407 full-time employees. The company went IPO on 2020-10-16. The firm's financial stack provides a suite of cross-border accounts receivable (AR) and accounts payable (AP) capabilities, including multicurrency account capabilities, and includes services such as working capital and funds management. Its customers include goods exporters selling cross-border to consumers and other businesses, services companies exporting their capabilities to international clients, independent professionals, creators, contractors, and business owners capitalizing on the digitization of the workplace and remote work, vacation rental hosts, and others. Its customers sell their goods or services either via a marketplace or directly to other businesses (B2B), and/or to customers via webstores. The firm serves SMBs located in more than 190 countries and territories and operating in a variety of industries.