Payoneer Gets Chinese Regulatory Approvals to Acquire Payment Service Provider; Shares Rise

MT Newswires Live

2025/02/14

Payoneer Global (PAYO) said Thursday it has obtained required regulatory approvals in China for its acquisition of a licensed payment service provider based in the country.

The company said it expects the deal to close in H1, subject to customary closing conditions.

Payoneer shares were up 2.6% in recent trading.

Price: 10.36, Change: +0.27, Percent Change: +2.63

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