Cross-border payment company Paisan Ying suspends performance forecasts and seeks buyers.
According to media reports, cross-border payment company Payoneer has suspended its full-year performance forecast for 2025 and is seeking buyers. Payoneer, founded by Israeli engineers in 2005, focuses on providing cross-border payment services to small and medium-sized enterprises and entrepreneurs. In 2021, it went public on the Nasdaq through a merger with a SPAC company. In April 2025, Payoneer China completed the acquisition of Easylink Payment. Payoneer's market value once exceeded $4.2 billion, but its stock price has fallen by 33% this year, and its current market value is $2.4 billion.
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