Payoneer
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 346m | 473m | 628m | 831m | 929m | 998m | 1.1b |
% growth | 9 % | 37 % | 33 % | 32 % | 12 % | 7 % | 9 % |
EBITDA | (<1m) | (24.0m) | (35.3m) | 114m | 236m | 243m | 270m |
% EBITDA margin | - | (5 %) | (6 %) | 14 % | 25 % | 24 % | 25 % |
Profit | (23.7m) | (34.0m) | (12.0m) | 93.3m | 94.2m | 110m | 125m |
% profit margin | (7 %) | (7 %) | (2 %) | 11 % | 10 % | 11 % | 12 % |
EV / revenue | 2.9x | 4.3x | 2.2x | 1.6x | 2.4x | 2.1x | 1.7x |
EV / EBITDA | -4998.5x | -84.8x | -39.3x | 11.3x | 9.5x | 8.6x | 6.9x |
R&D budget | 52.3m | 80.8m | 115m | 119m | - | - | - |
R&D % of revenue | 15 % | 17 % | 18 % | 14 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
* | $2.0m | Seed | |
N/A | Seed | ||
* | $4.0m | Series A | |
$8.0m | Series B | ||
N/A | Series C | ||
N/A | Series C | ||
N/A | Series C | ||
$25.0m | Series D | ||
N/A | Secondary | ||
N/A | N/A | Series C | |
$50.0m | Series E | ||
N/A | Secondary | ||
$180m Valuation: $880m | Series E | ||
N/A | N/A | Secondary | |
* | N/A | N/A | Series E |
N/A | N/A | Late VC | |
* | $263m Valuation: $3.3b 9.5x EV/LTM Revenues -16500.0x EV/LTM EBITDA | SPAC IPO | |
* | $300m Valuation: $3.3b 9.5x EV/LTM Revenues | SPAC Private Placement | |
Total Funding | €517m |
Recent News about Payoneer
EditPayoneer is a global payment platform that simplifies the process of international business transactions. The company operates in the financial technology sector, providing a solution for businesses to make and receive payments in multiple currencies, thereby facilitating their expansion into new markets. Payoneer's clients range from small businesses to large corporations, all of whom are looking to streamline their cross-border transactions.
The company's business model is centered around reducing the complexity and cost of international wire transfers. Payoneer allows businesses to pay and get paid as if they were local, eliminating the need for lengthy and costly international wire transfers. This is particularly beneficial for businesses operating in multiple countries or looking to expand globally.
Payoneer also offers connections to leading marketplaces, opening up further opportunities for businesses to grow internationally. The company's platform is trusted by millions of businesses worldwide, demonstrating its reliability and effectiveness.
In terms of revenue generation, Payoneer makes money by charging fees for its services. These fees are typically lower than those charged by traditional banks for international wire transfers, making Payoneer a cost-effective solution for businesses.
In summary, Payoneer is a global payment platform that simplifies and reduces the cost of international business transactions. The company serves a wide range of clients, operates in the financial technology market, and generates revenue through service fees.
Keywords: Global Payment Platform, Cross-Border Transactions, Multiple Currencies, Financial Technology, Cost-Effective, International Business, Marketplace Connections, Service Fees, Trusted Platform, Business Expansion.