Payoneer Global Inc. reported record financial results for the fourth quarter and full year ended December 31, 2024. The company achieved a record annual volume of $80 billion and an 18% annual revenue growth. Full year 2024 revenue reached $977.7 million, with revenue excluding interest income growing 20% to $720.9 million.
For the fourth quarter of 2024, total revenue was $261.7 million, an increase of 17% year-over-year. Revenue excluding interest income grew by 26% year-over-year to $201.1 million. Adjusted EBITDA for the full year 2024 was $270.6 million, up 32% from the prior year, demonstrating record profitability.
Payoneer issued its full-year 2025 guidance, projecting total revenue between $1,040 million and $1,050 million. Adjusted EBITDA is now expected to range from $255 million to $265 million. This outlook reflects the company's business momentum and confidence in continued strong performance.
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