Payoneer Expands Global Reach through Acquisition of Boundless, Faces Revenue Growth and Profitability Challenges

Payoneer, a financial technology company, has acquired Boundless to enhance its global employment capabilities. The acquisition aims to streamline and expand Payoneer's global operations, providing businesses with more efficient solutions for managing their international workforce. However, Payoneer's financial health presents a mixed picture, with revenue growth declining 7.2% over the past three years and a negative operating margin. Despite this, the company maintains a conservative balance sheet and has a moderate buy sentiment among analysts.