Where is Payoneer Global Inc. (PAYO) Headed?

Payoneer Global Inc. (NASDAQ:PAYO) is one of the best small-cap stocks with huge growth potential. Payoneer Global Inc. (NASDAQ:PAYO) announced on February 17 plans to launch a suite of stablecoin capabilities embedded within the Payoneer platform. The new capabilities would be powered by Bridge, a leading stablecoin infrastructure platform and a Stripe company, allowing businesses to securely receive, send, and hold stablecoins as part of their day-to-day global financial operations. Payoneer Global Inc. (NASDAQ:PAYO) stated that it partnered with Bridge for the inclusion of complete, end-to-end stablecoin workflows directly embedded in the Payoneer platform.

In a separate development, Payoneer Global Inc. (NASDAQ:PAYO) announced on January 29 the expansion of its global payment platform with new collection capabilities in Indonesia and enhanced local collection services in Mexico. Through the additions, customers would be able to transact and receive funds from local buyers and e-commerce platforms faster and more cost-effectively, thereby allowing businesses across new growth markets as global trade flows continue to evolve.

Payoneer Global Inc. (NASDAQ:PAYO) is a financial technology company that enables small and medium-sized businesses (SMBs) to do business, transact, and grow globally. Its financial stack offers a suite of cross-border accounts receivable (AR) and accounts payable (AP) capabilities, including multicurrency account capabilities, and includes services such as working capital and funds management.

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Disclosure: None. This article is originally published at Insider Monkey.