Scott Galit to transition to Senior Advisor and remain on the Board Bea Ordonez appointed CFO effective March 1 Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO), the financial technology company empowering the world's small businesses to transact, do business and grow globally, today announced the completion of its CEO and CFO transitions. On February 27, 2023, Payoneer's Board of Directors appointed John Caplan as CEO of Payoneer, effective March 1, 2023. Concurrently, Scott Galit will become a Senior Advisor to the Company and continue to serve on the Board of Directors. Caplan and Galit currently serve as co-CEOs of Payoneer following a transition period previously anno

In the newly created role, Gruber will lead engineering and drive technology strategy as Salt continues to advance its API security platform to meet growing demand PALO ALTO, Calif., Feb. 15, 2023 /PRNewswire/ -- Salt Security, the leading API security company, today announced the addition of Gilad Gruber to the Salt executive team as senior vice president of engineering. A technology veteran with more than 20 years of experience, Gruber brings deep expertise in both consumer and enterprise software solutions. In the newly created role, Gruber will lead engineering functions and drive technology innovation, as the company continues to provide enterprise organizations with the most mature, ro

Bea Ordonez to be Successor for Michael Levine Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO), the financial technology company empowering the world's small businesses to transact, do business and grow globally, today announced the appointment of Bea Ordonez as the Company's Deputy Chief Financial Officer, effective January 16, 2023. Michael Levine, Payoneer's current CFO, will step down from his position in March 2023 at which time it is our expectation that the Board of Directors of the Company will appoint Ordonez as CFO, and she would report to Co-CEO John Caplan. "On behalf of John and everyone at Payoneer, I would like to express my sincere gratitude to Michael for

Caplan to lead alongside Scott Galit as Payoneer invests to scale for long-term profitable growth Payoneer (NASDAQ:PAYO), the commerce technology company powering payments and growth for the new global economy, today appointed John Caplan co-Chief Executive Officer and Director alongside current CEO Scott Galit, effective immediately. Galit and Caplan will lead the firm as co-CEOs during a transition period through the end of 2023, when Caplan will take the helm as CEO and Galit will continue in a strategic role. Caplan will use his deep experience working with global companies to drive the Payoneer's growth at scale, expand the company's suite of products, and serve customers who are sca

Payoneer Global Inc. ("Payoneer") (NASDAQ:PAYO), the commerce technology company powering payments and growth for the new global economy, today announced the appointment of Robert Clarkson to a new leadership role as Chief Revenue Officer. "Robert is an expert business executive with more than 20 years of experience leading global revenue and account management teams at leading fintech and payment companies, like PayPal and American Express. He will be responsible for leading the global go-to-market team, driving the overall business and more deeply penetrating our target markets," said Scott Galit, Chief Executive Officer of Payoneer. "I'm excited to add Robert to the leadership team as w

Payoneer Global Inc. ("Payoneer") (NASDAQ:PAYO), the commerce technology company powering payments and growth for the new global economy, today announced that Heather Tookes and Rich Williams were appointed to its Board of Directors. Prof. Tookes will also serve as a member of the Audit and Compensation Committees and Mr. Williams will serve as a member of the Audit and Risk Committees. "We are honored to welcome Heather and Rich as independent directors to our Board," said Scott Galit, Chief Executive Officer of Payoneer. "Heather brings considerable expertise in corporate finance and capital markets based on her extensive research and teaching at the Yale School of Management and brings

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NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY

Raises 2024 guidance Record quarterly volume up 25% year-over-year, including 57% B2B growth Record quarterly revenue and increasing profitability year-over-year Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO), the financial technology company empowering the world's small and medium-sized businesses to transact, do business and grow globally, today reported financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights ($ in mm) 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 YoYChange Revenue ex. interest income $147.6 $159.4 $162.9 $173.7 $183.1 24% Interest income 60.4 64.9

Payoneer (NASDAQ:PAYO), the financial technology company empowering the world's small and medium-sized businesses (SMBs) to transact, do business, and grow globally, will report its third quarter 2024 financial results on Tuesday, November 5, 2024, before the market opens. Senior management will also host a conference call and earnings webcast to discuss financial results at 8:30 a.m. Eastern Time the same day. A live webcast and replay of the event will be available on the Payoneer Investor Relations website at https://investor.payoneer.com. About Payoneer Payoneer is the financial technology company empowering the world's small and medium-sized businesses to transact, do business, and g

Transformative deal combines expanded international payment processing capabilities with Aleph's 20 years of leading digital marketing expertise, processing $3 Billion in yearly Total Payment Volume (TPV) and delivering an unrivaled offer for customers in emerging and high-growth markets. MIAMI, Oct. 9, 2024 /PRNewswire/ -- Aleph, a leading ecosystem of global digital experts and technology-driven solutions that enables the growth of global digital marketing, today announced the acquisition of a controlling equity interest in Localpayment, a fast growing Payment Service Provider (PSP) in Latin America, transforming the digital landscape by combining first class digital advertising solutions

Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO) today announced the expiration of its offer to purchase (the "Offer") all of its outstanding Warrants (as defined below) at a purchase price of $0.78 per Warrant in cash, without interest. Completion of the Offer, when combined with the contemplated redemption of untendered Warrants (as described below), will lead to a simplified capital structure. Payoneer's offer to purchase 25,158,086 publicly traded warrants which were publicly issued and sold as part of the units in the initial public offering of FTAC Olympus Acquisition Corp. ("FTOC") on August 25, 2020 (the "FTOC IPO"), and assumed by the Company on June 25, 2021, and

Payoneer Global Inc. (NASDAQ:PAYO), the financial technology company empowering the world's small and medium sized businesses to transact, do business and grow globally, today announced that John Caplan, Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 11, 2024 beginning at approximately 11:10 am ET. Investors and interested parties can access the live webcast and replay of the presentation by visiting the Company's investor relations website at https://investor.payoneer.com/ About Payoneer Payoneer is the financial technology company empowering the world's small and medium-sized businesses t

Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO) today announced that it has commenced an offer to purchase (the "Offer") all of its outstanding public warrants (the "Warrants") to purchase shares of its common stock, par value $0.01 per share, at a purchase price of $0.78 in cash, without interest. Payoneer is also soliciting consents (the "Consent Solicitation") to amend the Warrant Agreement, dated August 25, 2020, by and between FTAC Olympus Acquisition Corp. ("FTOC") and Continental Stock Transfer & Trust Company ("Continental"), as amended by the Assignment, Assumption and Amendment Agreement, dated June 25, 2021, by and among Payoneer, FTOC and Continental (as amend

Raises 2024 guidance 22% volume growth accelerates for a sixth consecutive quarter, reflecting consistent execution 40% B2B volume growth driving continued SMB take rate expansion Expands into global workforce management services for SMBs with the acquisition of Skuad Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO), the financial technology company empowering the world's small and medium-sized businesses to transact, do business and grow globally, today reported financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights ($ in mm) 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024   YoY Change

Payoneer (NASDAQ:PAYO), the financial technology company empowering the world's small and medium-sized businesses (SMBs) to transact, do business, and grow globally, will report its second quarter 2024 financial results on Wednesday, August 7, 2024, before the market opens. Senior management will also host a conference call and earnings webcast to discuss financial results at 8:30 a.m. Eastern Time the same day. A live webcast and replay of the event will be available on the Payoneer Investor Relations website at https://investor.payoneer.com. About Payoneer Payoneer is the financial technology company empowering the world's small and medium-sized businesses to transact, do business, an

Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO), the financial technology company empowering the world's small and medium-sized businesses to transact, do business and grow globally, today announced that John Caplan, Chief Executive Officer, will present at William Blair's 44th Annual Growth Stock Conference on Tuesday, June 4, 2024, at 9:40 AM ET. Investors and interested parties can access the live webcast and replay of the presentation by visiting the Company's investor relations website at https://www.payoneer.com/investors/. About Payoneer Payoneer is the financial technology company empowering the world's small and medium-sized businesses to transact, do busines

Wolfe Research downgraded Payoneer from Outperform to Peer Perform

Keefe Bruyette downgraded Payoneer from Outperform to Mkt Perform and set a new price target of $12.00

Needham reiterated coverage of Payoneer with a rating of Buy and set a new price target of $10.00 from $9.00 previously

The Benchmark Company initiated coverage of Payoneer with a rating of Buy and set a new price target of $7.00

Berenberg initiated coverage of Payoneer with a rating of Buy and set a new price target of $7.00

Jefferies initiated coverage of Payoneer with a rating of Buy and set a new price target of $7.00

Wolfe Research initiated coverage of Payoneer with a rating of Outperform and set a new price target of $7.00

Goldman upgraded Payoneer from Neutral to Buy and set a new price target of $6.50 from $5.50 previously

Needham reiterated coverage of Payoneer Global with a rating of Buy and set a new price target of $7.00 from $13.00 previously

Citigroup reiterated coverage of Payoneer Global with a rating of Buy and set a new price target of $11.00 from $12.50 previously