Lahore: Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced its financial results for the first quarter ended March 31, 2026, reporting continued growth across its SMB and enterprise business segments alongside strong profitability and rising global transaction volumes. Payoneer delivered $262 million in revenue in Q1 2026, representing 6% year-over-year growth, driven by strong momentum across SMB and enterprise customers. Revenue excluding interest income grew 11% year-over-year, while lower global interest rates contributed to a decline in interest income revenue. The company generated nearly $23 billion in total volume during the quarter, up 16% year-over-year, reflecting growing demand for Payoneer’s cross-border payment infrastructure across global trade and digital commerce. The company’s B2B business remained a key growth driver, with B2B volume reaching $3.9 billion during the quarter, marking a 44% year-over-year increase. Volume from SMBs selling on marketplaces reached $11.6 billion, while Checkout volume grew 53% year-over-year to $264 million. Enterprise payouts volume also continued its upward trajectory, nearing $7 billion in Q1 2026 with a 28% year-over-year increase. Staff Reporter
