Payoneer ($PAYO) – Bussiness payments for today’s global economy.
Payoneer is a multi-currency, cross-border B2B payment company used by some of the largest companies in the world, and is a great value stock with a lot of room for growth.
They are partnered with over 100 companies including Amazon, Xero, DHL, Oracle, and intuit. The company is used by many other big players – Airbnb, Google, Amazon, eBay, Rakuten, Adobe, Upwork, and Fiverr.
With a market cap of only 1.8 billion, revenue of 208M increasing 30% Y/Y, and net income of 13M increasing 148% Y/Y they seem to be extremely undervalued.
This stock is a great opportunity for long-term investors that are not looking to buy into hype.
I currently own 100 shares and am looking to expand my position in the future.
Not financial advice, just my opinion. Do your own research.
Let me know what you guys think.
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