Cross-border payment company Payoneer Global suspends earnings forecast and seeks buyers
According to media reports, the cross-border payment company Payoneer has suspended its full-year performance forecast for 2025 and is seeking buyers. Payoneer was founded in 2005 by an Israeli engineer and focuses on providing cross-border payment services for small and medium-sized enterprises and entrepreneurs. In 2021, it went public on NASDAQ through a merger with a SPAC company. In April 2025, Payoneer China completed the acquisition of Yilian Payment. Payoneer's market value once exceeded $4.2 billion, but its stock price has fallen 33% this year, currently standing at a market value of $2.4 billion
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