Payoneer Reports Second Quarter 2026 Financial Results
Payoneer Global Inc. announced its second quarter 2026 financial results, showing a 10% increase in revenue excluding interest. A definitive agreement to be acquired by Nuvei was announced in June.
Payoneer Global Inc. (NASDAQ: PAYO) today reported its financial results for the second quarter of 2026. Revenue, excluding interest and other income, increased by 10% compared to the same period last year. Payment volume grew by 15%, driven by acceleration in the business-to-business (B2B) segment, which was up 48% year-over-year.
A significant development during the quarter was the announcement on June 15, 2026, of a definitive agreement for Payoneer to be acquired by Nuvei. This potential acquisition represents a major strategic shift for the company within the payments industry.
The company has not provided any financial outlook or guidance for the upcoming quarter or the full year 2026. The results were released from New York on August 6, 2026, reflecting continued growth in global payment flows, particularly within the B2B sector.
Payoneer's reported figures indicate a solid operational performance, even as the company's future trajectory is now linked to the proposed Nuvei transaction.