15 Most Promising Technology Stocks to Buy Now

13. Payoneer Global Inc. (NASDAQ:PAYO)

Number of Hedge Funds: 30

Potential Upside: 23%

Payoneer Global Inc. (NASDAQ:PAYO) is a leading financial technology company providing cross-border payment and financial services solutions. The company enables small and medium-sized businesses, exporters, and online sellers to access global demand and supply, pay and get paid, and manage their cross border and other needs from a single platform. The company’s platform offers digital banking, working capital, and payment processing services, catering to e-commerce, digital marketing, and international trade.

Payoneer Global Inc. (NASDAQ:PAYO) is well-positioned to capitalize on the rapid expansion of the digital economy and the growing demand for seamless international payment solutions. Its vast network and diverse suite of financial services enable businesses worldwide to conduct cross-border transactions with ease. By continuously innovating and introducing new financial products, the company is expected to attract a wider customer base and drive sustained revenue growth. Its ability to simplify global transactions and minimize friction in international payments has solidified its role as a key player in the evolving digital payments landscape.

On February 3, Deutsche Bank initiated coverage on Payoneer Global Inc. (NASDAQ:PAYO) with a Buy rating and a price target of $13. The analyst’s investment thesis highlighted Payoneer’s comprehensive financial infrastructure, which is designed to streamline cross-border transactions for small businesses globally. According to the analyst, Payoneer operates at the intersection of several key fintech trends, offering services that create significant growth opportunities. Deutsche Bank also anticipates that the company could see an acceleration in core revenue growth beyond fiscal 2025.