Payoneer B2B Volume Surges 59% Ahead of Nuvei Acquisition
By PYMNTS
AI summary of the source article
Payoneer grew its third-quarter revenue by 5% year over year to $222 million, with volume rising 13% to $25.3 billion. The cross-border payments firm also secured payment licenses in two additional countries ahead of its acquisition by Nuvei.
Key facts
- Payoneer's Q3 revenue increased 5% year over year to $222 million.
- Payoneer's transaction volume rose 13% year over year to $25.3 billion.
- The firm secured payment licenses in two more countries as it works toward closing its acquisition by Nuvei.
Source excerpt · PYMNTS
Cross-border payments firm Payoneer increased its revenue by 5% year over year to $222 million in the third quarter and secured payment licenses in two more countries as it works toward a close of its acquisition by Nuvei, according to a Thursday (Nov. 5) press release. Payoneer’s volume increased 13% year over year to $25.3 billion. This total included […] The post Payoneer B2B Volume Surges 59%…