PAYO at a glance
Payoneer Global Inc. (PAYO, SEC CIK 1845815) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 14, 2026 and Form 4 insider filings as recently as August 21, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Payoneer Global Inc. (PAYO) reported revenue of $813.4 million (up 14.5% from FY2024) and net income of $73.2 million. Diluted EPS was $0.19.
- As of June 30, 2026, 30 institutional investment managers tracked by SignalX reported holding Payoneer Global Inc. (PAYO) shares worth $925.7 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $813.4M
- +14.5% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 30 funds
- $925.7M · +1 vs prior quarter
- Latest 8-K
- Sep 14, 2026
- Item 5.07
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core model: fintech platform enabling SMBs worldwide to manage cross-border payments, multi-currency AR/AP, and financial operations on one global account
- New emphasis on AI capabilities and stablecoin features to enhance customer experience and operational efficiency
- Shift upmarket targeting larger SMBs with more complex financial needs, plus partnership with Stripe to scale Checkout product
- Volume $87.5B (+9% YoY) and revenue $1,052.8M (+8% YoY) for fiscal 2025, serving nearly 2 million active customers in 190+ countries
- Obtained China payment business license via acquisition, anticipating evolving regulatory environment in key emerging market
Risk Factors
- Regulatory risk: noncompliance with payment network card scheme rules (Mastercard, Visa) could lead to fines, suspension, or termination of participation license impacting transaction processing
- Geopolitical risk: ~51% of workforce and 79% of R&D in Israel; regional conflict volatility, including recent Israel-Hamas ceasefire, may materially affect operations
- Operational risk: reliance on third-party financial institutions for payment processing and custody; termination or adverse changes could materially disrupt business
- Market disruption risk: emerging payment methods like stablecoins, cryptocurrencies, and AI-driven payment features require continuous platform adaptation to remain competitive
- Financial risk: exposure to interest rate changes causing declines in interest income and market value of time deposits and U.S. Treasury Securities, with 75bps Fed rate cuts in 2025 reducing income
Management Discussion & Analysis
- Revenue $1,052.8M in 2025, up 8% YoY (+$75.1M), driven by SMBs B2B $52.0M, marketplaces $33.3M, DTC $12.5M; volume +9% to $87.5B
- Operating income $124.7M in 2025, down 16% YoY from $149.0M; operating margin 11.8% vs 15.2% in 2024 (124.7/1052.8 vs 149.0/977.7)
- Best segment SMB revenue growth with $97.8M increase (B2B, marketplaces, DTC combined); no specific worst segment detailed
- Cash flow: no direct cash flow numbers given; capital deployment includes $1.8B customer funds in debt securities/term deposits, interest rate derivatives on $2.2B, and acquisitions of Boundless (Jan 2026), PayEco (Apr 2025), Skuad (Aug 2024)
- Forward outlook risk from geopolitical conflicts (Israel, Ukraine) and macroeconomic issues including declining interest rates impacting interest income (down $25.2M); focus on platform investment, product expansion, and customer growth
AI summary of the PAYO 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $274.3M, up 5% YoY from $260.6M
- Net loss $2.4M vs net income $19.5M; operating margin 6.2% vs 11.5% YoY
- B2B SMB revenue strongest contributor, up $10.5M; marketplace SMB revenue up $2.8M
- Cash $346.3M; operating cash flow $113.0M vs $124.4M YoY
- $90.4M stock repurchases year-to-date; repurchases suspended during pending Nuvei merger
- Near-term headwinds: lower interest rates, tariffs, geopolitical conflicts, and merger-related restrictions
Risk Factors
- Newly added merger-closing risk triggered by June 12, 2026 Merger Agreement, requiring shareholder approval and regulatory clearances
- Most material update: failed or delayed Merger could require $89,000,000 termination fee and depress common-stock price
- Regulatory risk: non-U.S. payment-services approvals and ownership-stability waiver remain conditions despite HSR early termination on July 28, 2026
- Legal risk: August 3, 2026 shareholder demand letter alleges deficient preliminary-proxy disclosures
- Operational risk: merger restrictions may prevent strategic transactions and significant financing without Nuvei consent
AI summary of the PAYO 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.07: Submission of Matters to a Vote of Security Holders
- Merger agreement with Nuvei approved: 224,985,441 shares for, 2,236,609 against
- Payoneer becomes Nuvei’s wholly owned subsidiary upon transaction closing
Item 8.01: Other Events
- Special Meeting set for September 14, 2026; August 6, 2026 record-date holders vote on Nuvei Parent’s acquisition
- Two New York lawsuits seek to block the merger, alleging materially incomplete proxy disclosures
Item 2.02: Results of Operations and Financial Condition
- Payoneer reported fiscal-quarter results for the period ended June 30, 2026
- Press release furnished as Exhibit 99.1 contains the financial figures and management commentary
Item EX-99.1: Item EX-99.1
- Q2 revenue $274.3M, up 5%; revenue excluding interest $222.2M, up 10%, showing underlying growth despite lower rates
- Volume reached $23.7B, up 15%, led by B2B volume growth of 48% to $4.3B
AI summaries of PAYO 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for PAYO
Don't miss the next PAYO filing
- Alerts as it files. A push when PAYO files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut PAYO, by share count.
- Ask anything. An AI agent that reads every PAYO filing and answers with sources.
PAYO alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Ordonez Beatrice | F | Aug 20, 2026 | 3,303 | $7.09 |
| Caplan John | F | Aug 20, 2026 | 6,936 | $7.09 |
| Goldman Tsafi | F | Aug 20, 2026 | 1,652 | $7.09 |
| Caplan John | F | Aug 19, 2026 | 34,563 | $7.10 |
| Ordonez Beatrice | F | Aug 17, 2026 | 12,321 | $7.13 |
| Goldman Tsafi | F | Aug 17, 2026 | 6,160 | $7.13 |
| Caplan John | F | Aug 17, 2026 | 25,873 | $7.13 |
| Goldman Tsafi | F | Aug 14, 2026 | 17,282 | $7.13 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $590.8M | $710.3M | $813.4M |
| Operating Income | - | $149.0M | $124.7M |
| Net Income | $93.3M | $121.2M | $73.2M |
| Op. Margin | - | 21.0% | 15.3% |
| Net Margin | 15.8% | 17.1% | 9.0% |
| Balance Sheet | |||
| Total Assets | - | $7.9B | $9.0B |
| Equity | - | $724.8M | $704.4M |
| ROE | - | 16.7% | 10.4% |
| Per Share | |||
| EPS | $0.24 | $0.31 | $0.19 |
| Cash Flow | |||
| Operating CF | - | $176.9M | $233.5M |
| CapEx | $8.5M | $8.2M | $26.9M |
Source: XBRL data in Payoneer Global Inc. (PAYO)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PAYO share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 30 | $925.7M |
| Q1 2026 | 29 | $636.6M |
| Q4 2025 | 27 | $795.0M |
| Q3 2025 | 29 | $856.6M |
| Q2 2025 | 30 | $983.8M |
| Q1 2025 | 26 | $669.7M |
| Q4 2024 | 24 | $789.5M |
| Q3 2024 | 19 | $303.7M |
- Millennium Management+3.65M (+181%)
- JPMorgan Chase & Co+3.62M (+364%)
- FMR LLC (Fidelity)+1.42M (+47%)
- Dimensional Fund Advisors+1.19M (+16%)
- Goldman Sachs Group+340.2K (+13%)
- T. Rowe Price Group−9.46M (-95%)
- D.E. Shaw & Co−1.57M (-61%)
- Two Sigma Investments−1.49M (-65%)
- BlackRock−918.6K (-2%)
- Renaissance Technologies LLC−413.2K (-17%)
- Soros Fund Management+3.20M
- Blackstone Group+196.0K
- StoneX Group Inc.+23.0K
- Citadel Advisors LLC−666.7K
- U.S. Bancorp−535
Source: 13F-HR filings on SEC EDGAR (aggregated from 214 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PAYO filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 14, 2026 | - | Analysis | - |
| 8-K | Sep 8, 2026 | - | Analysis | - |
| 4 | Aug 21, 2026 | - | - | - |
| 4 | Aug 21, 2026 | - | - | - |
| 4 | Aug 21, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jun 22, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 8-K | Jun 15, 2026 | - | Analysis | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 8-K | Jun 9, 2026 | - | Analysis |
Related Financials companies
- CPAY · CorpayServices-Business Services, NEC
- FIS · Fidelity National Information ServicesServices-Business Services, NEC
- FISV · FiservServices-Business Services, NEC
- GPN · Global PaymentsServices-Business Services, NEC
- MA · MastercardServices-Business Services, NEC
- MSCI · MSCI Inc.Services-Business Services, NEC
- PYPL · PayPalServices-Business Services, NEC
- PAYP · PayPay CorpServices-Business Services, NEC
PAYO SEC filings: frequently asked questions
Which institutions hold PAYO stock?
As of June 30, 2026, the largest Payoneer Global Inc. (PAYO) holders among the 13F filers tracked by SignalX were BlackRock ($278.1 million), Vanguard Portfolio Management LLC ($104.8 million), Vanguard Capital Management LLC ($86.5 million), State Street Corp ($77.2 million), Dimensional Fund Advisors ($62.2 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PAYO's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Payoneer Global Inc. (PAYO) reported revenue of $813.4 million (up 14.5% from FY2024) and net income of $73.2 million. Diluted EPS was $0.19. The figures come from the XBRL data in the 10-K.
What are the main risks in PAYO's latest 10-K?
In the 10-K filed February 26, 2026, Payoneer Global Inc. (PAYO) flagged: Regulatory risk: noncompliance with payment network card scheme rules (Mastercard, Visa) could lead to fines, suspension, or termination of participation license impacting transaction processing. Geopolitical risk: ~51% of workforce and 79% of R&D in Israel; regional conflict volatility, including recent Israel-Hamas ceasefire, may materially affect operations. (AI summary of the Risk Factors section.)
What did PAYO report in its latest 8-K?
Payoneer Global Inc. (PAYO) filed an 8-K on September 14, 2026 reporting Item 5.07 (Submission of Matters to a Vote of Security Holders). Merger agreement with Nuvei approved: 224,985,441 shares for, 2,236,609 against.
What are the latest PAYO SEC filings?
Payoneer Global Inc. (PAYO) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 14, 2026 and a Form 4 insider filing on August 21, 2026.
What is PAYO's SEC CIK number?
Payoneer Global Inc. (PAYO)'s SEC Central Index Key (CIK) is 1845815. EDGAR lists every PAYO filing under that number.
Ask anything about PAYO
The research agent reads PAYO's filings, financials, insider trades and 13F holders, then answers with sources.