8th Edition of Payoneer's Global Flagship Event Set to Empower Service Export SMBs in India

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world's Small and Medium-sized businesses (SMBs) to transact, do business, and grow globally, has announced the 8th edition of its global flagship event in India, Payoneer Elevate.

Gaurav Shisodia, Vice President - India,Payoneer

Scheduled to take place in New Delhi on April 18, 2024, this one-of-a-kind event aims to empower SMBs engaged in service exports like IT, web and app development, programming and technical support, consulting and management, and digital marketing & sales looking to thrive in the rising, global economy.

Payoneer Elevate stands out as a marquee event, featuring influential thought leaders and policymakers from the industry sharing insights for international businesses, identifying global trends in service exports, and unlocking the next frontiers of growth for Indian SMBs.

The event will feature sessions filled with invaluable industry insights, led by influential thought leaders such as Sanjeev Bikchandani, Founder of InfoEdge; Jeet Vijay, CEO of MeitY Startup Hub; Naina Lal Kidwai, Chairperson of Rothschild India and Founder of Indias Sanitation Coalition; Pramod Bhasin, Chairman of ICRIER and Founder of Genpact Ltd; and Vani Dandia, Founder of CherryPeachPlum Growth Partners. Topics include "India's Service Sector Supremacy: Key Drivers Shaping the Era of Transformation & Global Opportunities," "Unlocking the People Potential for India @100: Harnessing the Young Workforce and Reimagining Recruitment, Retention, and Upskilling," and "Lessons in Brand Building for Indias Service Sector.

Gaurav Shisodia, Vice President - India, Payoneer said "Indias service ecosystem is experiencing dynamic growth, positioning the sector with an average growth rate of 24% over the last two years. At Payoneer, we have witnessed an increase in our customer base in India by 54% in service exports-focused businesses since 2016 (as of Dec 31st, 2023), fueled by convenience, dedicated local support, and our commitment to support business growth for global expansion."

"Elevate 2024 underscores Payoneers dedication to empowering businesses by facilitating learning, networking, and access to industry thought leaders and domain experts through curated sessions and workshops on pivotal topics of Finance, HR, and Growth."

Through meticulously curated knowledge-led workstreams facilitated by domain experts, attendees will gain invaluable insights and effective strategies for international expansion. The workstreams will cover topics such as "Tax Tightrope: Navigating Taxation Implications for Businesses Eyeing Global Growth"; "Mastering Global HR: Hiring & Compliance," "The Next Wave in Performance Management: From OKRs to Technology," "Acing the Funding Juggernaut: Raising Capital - Bootstraps and Beyond," "From India With Love: Shaping the Global Demand for Made in India Services and Products," and "The AI Disruption: How Artificial Intelligence and Data Analytics Will Drive Future-Ready Marketing," among others.

Founded in 2005, Payoneer is a global multi-currency financial stack, supporting up to 11 of the worlds most traded currencies in 190+ countries and territories empowering cross-border businesses to effortlessly get paid, manage, and expand their international transactions. Payoneers local receiving accounts enable businesses to accept payments from global customers, vendors, and marketplaces in multiple currencies across borders. This allows SMBs to operate virtually in international markets regardless of their geographical location.

About Payoneer
Payoneer is the financial technology company empowering the world's small and medium-sized businesses to transact, do business, and grow globally. Payoneer was founded in 2005 with the belief that talent is equally distributed, but opportunity is not. It is our mission to enable any entrepreneur and business anywhere to participate and succeed in an increasingly digital global economy. Since our founding, we have built a global financial stack that removes barriers and simplifies cross-border commerce. We make it easier for millions of SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid, manage their funds across multiple currencies, and grow their businesses.

Forward-Looking Statements
This press release includes, and oral statements made from time to time by representatives of Payoneer, may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Payoneer's future financial or operating performance. For example, projections of future revenue, transaction cost and adjusted EBITDA are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expect," "intend," "plan," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Payoneer and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) changes in applicable laws or regulations; (2) the possibility that Payoneer may be adversely affected by geopolitical and other economic, business and/or competitive factors; (3) Payoneer's estimates of its financial performance; (4) the outcome of any known and/or unknown legal or regulatory proceedings; and (5) other risks and uncertainties set forth in Payoneer's Annual Report on Form 10-K for the period ended December 31, 2022 and future reports that Payoneer may file with the SEC from time to time. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Payoneer does not undertake any duty to update these forward-looking statements.