Pay-o-matic Corp (PAYO) Q2 Revenues Beat

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Go back to Pay-o-matic Corp (PAYO) Q2 Revenues Beat

Payoneer Announces Second Quarter 2021 Financial Results

August 11, 2021 4:05 PM EDT

Strong Revenue Growth of 42% Demonstrates Continued Momentum

Full-Year 2021 Revenue Guidance Raised

Expect Positive Adjusted EBITDA in 2021

NEW YORK--(BUSINESS WIRE)-- Payoneer Global Inc. (Payoneer) (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, today reported financial results for its second quarter ended June 30, 2021.

Financial Highlights

Second Quarter 2021 versus Second Quarter 2020

Revenue increased 42% to $110.9 million as compared to $78.4 million in 2020.
- Volume increased 29%... More