Payoneer: undervalued growth story or fairly priced FinTech giant? 🤔💸; Global Payments’ Q2 2024: undervalued FinTech powerhouse poised for solid upside 🤑📈

FinTech is Eating the World, 12 August

Hey Everyone,

Good morning & happy Monday! Due to a crazy workload, we’re starting the new FinTech week on Tuesday but boy it’s worth the wait 😎 Today’s issue is focused solely on two payments giants - we’re going to analyze Payoneer and see whether it’s an underrated growth story or just a fairly priced FinTech giant (diving deeper and unpacking the latest numbers to see why Payoneer might be worth your time and money in 2024 + some bonus reads inside), and break down Global Payments’ Q2 2024 (analyzing the latest numbers, what they mean & why this FinTech powerhouse is massively undervalued). So let’s just jump straight to the awesome stuff 🌶️

Payoneer: underrated growth story or fairly priced FinTech giant? 🤔💸

Following the money 💸 Payments FinTech Payoneer Global PAYO 0.00%↑ reported mixed second-quarter results last week, with earnings surpassing expectations but revenue falling short. The global payment and commerce-enabling platform saw its shares jump 19.3% in trading following the announcement. Not too shabby! 🤑

In short, the company's Q2 2024 results and recent strategic moves paint a picture of accelerating growth and improving profitability, but concerns remain about valuation and competitive pressures.

Let’s dive deeper and unpack the latest numbers to see why Payoneer might be worth your time and money in 2024.