Is Payoneer a profitable company?
Yes, Payoneer is indeed a profitable company. It has been in the financial services industry since 2005 and has grown significantly over the years. The company provides cross-border transactions in more than 200 countries and territories, and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services. While the exact figures of its profitability are not publicly disclosed, Payoneer’s revenue growth, expanding user base, and its recent IPO plans suggest that it is a profitable venture.