WNAM REPORT: Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced its second quarter 2025 financial results, reporting record revenue and continued momentum in supporting small and medium-sized businesses (SMBs) and digital entrepreneurs around the world, including in priority markets like Pakistan.
The company posted record quarterly revenue, excluding interest income, marking a 16% year-over-year increase, fueled by 11% volume growth and expanded take rates, especially within its SMB customer segment. This growth reflects strong global demand for Payoneer’s borderless financial infrastructure and its role in powering international trade for service exporters, B2B sellers, eCommerce merchants, and digital businesses across 190+ markets.
Payoneer’s SMB customer revenue reached $183 million, up 18% year-over-year, driven by:
• SMBs that sell on marketplaces generating $116 million, an 8% YoY increase
• B2B SMBs contributing $58 million, a 37% YoY increase
• Checkout revenue surging to $9 million, up 86% YoY, driven by Payoneer’s card and digital payment solutions
The company also reported 21% year-over-year ARPU growth, excluding interest income, the fourth consecutive quarter of 20%+ ARPU growth, led by increased adoption among $10K+ ideal customer profiles (ICPs), growth in B2B and Checkout products, and strategic pricing initiatives.
In a key strategic move, Payoneer announced a partnership with Stripe to expand its Checkout capabilities, combining Stripe’s best-in-class payment technology with Payoneer’s local market expertise and comprehensive financial stack to deliver enhanced capabilities for customers, a move that further strengthens Payoneer’s position in key emerging markets such as Pakistan.
“Payoneer delivered another strong quarter, with record revenue excluding interest income up 16% year-over-year and robust growth across our SMB customers. Our performance reflects the strength of our business model and our disciplined execution. Our global customers continue to adapt and innovate in a rapidly evolving global trade environment and they’re choosing Payoneer as their global financial partner. With a strong market position, differentiated assets, and a clear focus, we are confident in our strategy and are reinstating our 2025 guidance,” said John Caplan, Chief Executive Officer, Payoneer.
As digital exports from Pakistan continue to grow, Payoneer’s global infrastructure, localized support, and product innovation position it as a key enabler for the country’s tech-forward service exporters and eCommerce entrepreneurs.
