Payoneer Global Inc. (NASDAQ:PAYO) Q2 2022 Earnings Conference Call August 11, 2022 4:30 PM ET

Company Participants

Michelle Wang - Vice President, Investor Relations

Scott Galit - Co-Chief Executive Officer

John Caplan - Co-Chief Executive Officer

Michael Levine - Chief Financial Officer

Conference Call Participants

Bob Napoli - William Blair

Will Nance - Goldman Sachs

Sanjay Sakhrani - KBW

Josh Siegler - Cantor Fitzgerald

Ashwin Shirvaikar - Citi

Sam Salvas - Needham & Co

Mike Grondahl - Northland Securities

Bob Napoli - William Blair

Operator

Good afternoon. Thank you for standing by. Welcome to Payoneer’s Second Quarter 2022 Earnings Conference Call. At this time, all lines have been placed on mute to prevent any background noise. Following the speaker’s remarks, we will open the lines for your questions. As a reminder, this conference call is being recorded. I would now like to turn the call over to Michelle Wang, Payoneer’s VP of Investor Relations.

Michelle Wang

Thank you, operator. With me on today’s call are Payoneer’s Co-Chief Executive Officer, Scott Galit and John Caplan as well as Michael Levine, Payoneer’s Chief Financial Officer.

Before we begin, I’d like to remind you that today’s call may contain forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including those set forth in our filings with the SEC which are available in the Investor Relations section of our website. Actual results may differ materially from any forward-looking statements we make today. These forward-looking statements speak only as of today and the company does not assume any obligation or intent to update them, except as required by law. In addition, today’s call may include non-GAAP measures. These measures should be considered as a supplement to and not as a substitute for GAAP financial measures. Reconciliation to the nearest GAAP measure can be found in today’s earnings press release, which is available on the company’s website.

With that, I’d like to turn the call over to John to begin.

John Caplan

Good afternoon and thank you all for joining us today to discuss our second quarter 2022 results. As this is my first earnings call since joining Payoneer on May 25, I would like to first thank all of my colleagues for the warm welcome that I have received. I’m impressed with our talented team around the world and with the work Scott, Michael and many others have done to build a global diversified business with a great brand, tremendous assets and loyal customer relationships. Payoneer is well-positioned to be the leading financial operating system and platform for small businesses globally, and I see significant growth opportunities ahead.