Payoneer for sale? Fintech suspends 2025 guidance, taps advisors
Digital payments firm halts full-year forecast as market pressures mount.
Payoneer, the Israeli-founded digital payments firm that once symbolized the promise of borderless financial services, is now looking for an exit.
According to Fortune, the company has quietly hired advisors and begun reaching out to potential acquirers in recent weeks, marking a significant turn for the fintech, which went public in 2021 via a $3.3 billion SPAC merger. Today, Payoneer’s market capitalization stands at just $2.4 billion—down more than a third since the start of 2025.
The news comes on the heels of a more subtle but equally telling shift in tone. In its latest quarterly earnings report this week, Payoneer suspended its full-year 2025 guidance, citing a “rapidly evolving and uncertain global macro and trade environment.” The company had previously projected strong growth in revenue from small- and medium-sized businesses (SMBs) and marketplace sellers, but is now opting for caution.
“We face substantial risks which could impact our financial results,” said CFO Bea Ordonez, acknowledging the volatility shaping global trade and digital commerce. “Our focus during this time is squarely on supporting our customers as they navigate the dynamic environment.”
On the surface, Payoneer’s first-quarter numbers painted a solid picture. Revenue excluding interest income rose 16% year-over-year, powered by 22% growth in average revenue per user and a near doubling in merchant services income. B2B SMB revenue, a key strategic focus for the company, jumped 37%.
The company also highlighted its expanding regulatory footprint in China, becoming just the third foreign entity licensed as a payment service provider in the country. And in April, it completed the acquisition of Easylink, a Chinese payments firm, further deepening its presence in a complex but potentially lucrative market.
Yet despite these gains, Payoneer’s leadership appeared unwilling to make promises about the future. While CEO John Caplan emphasized the company’s “long-term vision,” the decision to halt financial guidance speaks volumes about the level of internal concern.
Whether Payoneer’s effort to find a buyer will succeed—and at what valuation—remains unclear. Any deal would have to reconcile the company’s underlying growth potential with the market’s more skeptical view of cross-border fintech risk.
As of now, Payoneer has declined to comment on the reported sale process. But the combination of halted guidance and declining investor confidence suggests the board and management are weighing more than just near-term performance.
