Payoneer Global Inc. (PAYO) Stock

Payoneer Global Inc. (PAYO) is a Technology stock trading at $7.10 (as of 2026-08-21), with a market capitalization of $2.41B and a trailing P/E of 47.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Payoneer Global Inc. operates a payment and commerce-enabling platform that facilitates marketplaces, platforms and online merchants worldwide. It delivers a suite of services that includes cross-border payments, B2B accounts payable/accounts receivable, multi-currency account, physical and virtual Mastercard cards, working capital, merchant, tax, compliance and risk, and others. The company's platform delivers bank-grade security, stability, and redundancy combined with modern digital capabilities that interconnects the world on a single platform. Its cross-border payment solutions support an ecosystem of marketplaces and marketplace sellers to pay their sellers in approximately 190 countries and territories by connecting to Payoneer APIs and for sellers to get paid. The company was founded in 2005 and is based in New York, New York.

Understand Payoneer Global Inc.: how it makes money

Payoneer provides a cross-border payments and commerce-enabling platform for marketplaces, platforms, and online merchants, and it monetizes that activity through a Payoneer Take Rate applied to payment and transaction volume.

Profitability is driven by how much transactional activity flows through the platform, scaled by the Payoneer Take Rate (with costs reflected in transaction-linked measures such as Duty Revenue Less Transaction Costs).

Business quality (Mixed): Good visibility into operating drivers (Take Rate and transaction/payment volume) and profitability (operating margin), but the provided data does not include mutually exclusive official reportable segments.

Valuation: Trades at 36× trailing earnings · $2B market cap.

Bull case

Platform monetization ties to measurable payment activity: The presence of a Payoneer Take Rate alongside Volume indicates a core profit engine linked to transaction throughput on the platform.
Breadth of commerce and risk services: The platform combines cross-border payments with services like multi-currency accounts, merchant and B2B working capital (accounts payable/accounts receivable), and tax, compliance, and risk features.

Bear case

Exposure to changes in transaction throughput and take-rate economics: Because monetization is described through Payoneer Take Rate and transaction-linked activity (Volume, Transaction Volume), adverse shifts in those drivers can pressure results.
Customer funds operations add complexity: Customer Funds and Customer Funds Held are tracked operating metrics, which suggests the business involves holding customer balances and therefore heightened operational and risk-control requirements.

Valuation — source: SEC EDGAR (first-party)
Price	$7.10
Market Cap	$2.41B
P/E Ratio	47.9
EV / EBITDA	-20.8
Price / Book	3.68
Price / Sales	2.22
FCF Yield	7.5%
DCF Value (model)	$16.73
DCF Upside vs Price	135.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.05B
Net Margin	7.0%
Revenue Growth (YoY)	5.2%
EPS Growth (YoY)	-120.0%
FCF Growth (YoY)	-26.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	0.37 (distress)

Valuation vs Sector & Industry
Stock P/E	47.9
Sector P/E (Technology)	33.9
Industry P/E (Business Services)	29.9
vs Sector	41.4%
vs Industry	60.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($193.08M)
Institutional Holders Tracked	10

Company
Sector	Technology
Industry	Business Services
CEO	John R. Caplan
Employees	2,407
Country	US
IPO Date	2020-10-16

Related Companies (Business model: IT Services / Consulting and Managed Services; 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.