Payoneer: Market Worries Too Much
- Payoneer Global Inc. reported another quarter of strong growth, with sales surging 40% in Q1 2023.
- The global payments company has substantial growth ahead via new financial products and expansion of existing products like commercial card and check out.
- Payoneer Global stock is cheap at a forward EV/S multiple of 1.5x, especially for a fintech likely to maintain 20% growth.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »