Michael Levine

“Payoneer delivered another strong quarter and exceeded our guidance for full year revenue, transaction costs as a percentage of revenue, and adjusted EBITDA. We saw a 30% or greater year-over-year revenue growth in each quarter of 2022.”

“Payoneer delivered another strong quarter of results, once again exceeding our forecast. Q3 revenue increased 30% year-over-year to $159 million driven by continued customer acquisition, growth of high-value services, and accelerating interest income.”

“Payoneer delivered another very strong quarter, once again exceeding our forecast. Q2 revenue increased 34% year-over-year to $148 million, driven by strong customer acquisition, a more favorable mix towards higher take rate areas of our business and better-than-expected results from Ukraine and rising interest rates.”

“Q1 revenue increased 36% year-over-year to $137 million. As Scott mentioned, we attracted many new customers, especially from fast-growing regions, such as Latin America, Southeast Asia, and the Middle East, which in general have higher than average take rates.”

“And I’m very happy to share more detail on Q4 and discuss the strong exit velocity that helped us achieve a great overall year in 2021. In the fourth quarter, revenue increased 47% year-over-year to $139 million.”