courtesy of $payo Source: Payoneer SPAC presentation
Even with the much lower volumes, Payoneer forecast 2021 revenues will now surge to $460 million, up $15 million from the prior estimate of $445 million. The fintech had originally forecast revenues of just $432 million for 2021 suggesting how much the business seems to be firing on all cylinders, yet the global supply chain issue, slowdown in e-commerce sales and limited cross-border travel is actually providing headwinds.
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