Payoneer Global Inc., a financial technology company that empowers small and medium-sized businesses to transact and grow globally, has released its financial results for the fourth quarter and full year ending December 31, 2024. The company reported record annual volume, revenue growth, and profitability, reflecting strong business momentum and confidence in future performance. Financial Highlights For the fourth quarter of 2024, Payoneer reported a revenue of $261.7 million, marking a 17% year-over-year increase. The full-year revenue reached $977.7 million, an 18% increase from 2023. Net income for the quarter was $18.2 million, a 33% decrease from the same period last year, while the full-year net income rose by 30% to $121.2 million. Adjusted EBITDA for the quarter was $63.3 million, up 21% year-over-year, and $270.6 million for the full year, a 32% increase. Business and Operational Highlights Payoneer achieved a record annual volume of $80.1 billion, a 21% increase from the previous year.