Payoneer Global Inc. filed an application with the Office of the Comptroller of the Currency on February 24, 2026 to establish PAYO Digital Bank, N.A., a national trust bank that will focus on stablecoin‑enabled infrastructure for global businesses.
The filing follows the GENIUS Act, which created a federal framework for stablecoins and designates the OCC as the primary regulator. Payoneer intends to integrate stablecoin capabilities into its cross‑border payments ecosystem, expanding its customer base and creating a new revenue stream from stablecoin transactions.
Payoneer joins a growing cohort of fintech firms seeking national trust bank charters, including Crypto.com, Stripe’s Bridge, Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos, positioning it as a potential leader in regulated digital‑currency services for small and medium‑sized businesses.
Recent financial results show revenue growth but margin pressure: Q3 2025 revenue rose to $270.9 million from $248.3 million in Q3 2024, yet net income fell to $14.1 million from $41.6 million, reflecting higher operating costs and a shift in revenue mix. The company missed Q3 2025 EPS estimates of $0.06, reporting $0.04, while beating revenue estimates by $8.2 million.
Management highlighted that the stablecoin bank will provide a regulated, federally supervised trust platform, positioning Payoneer as a leader in digital‑currency services for SMBs. CEO John Caplan said the initiative would give customers a trusted way to leverage payment innovations.
Analysts expect Q4 2025 EPS of $0.06 and full‑year 2025 revenue guidance of $1,050 million to $1,070 million, reflecting confidence in continued growth. Gross profit margin remains high at 84%, and EBITDA margin is projected to stay above 25%.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.