Payoneer is enjoying a boom in its B2B business along with its highest-ever volumes. The FinTech, which provides payments tools with a focus on small- to medium-sized businesses (SMBs), released fourth-quarter and full-year earnings Thursday (Feb. 27) showing a record annual volume of $80 billion, along with 18% annual revenue growth. “2024 was a defining year for Payoneer,” CEO John Caplan said in a news release. “We achieved new records for annual volume, revenue and profitability, saw exceptional volume and revenue growth with B2B SMBs, drove increased adoption of our high value products and expanded our financial stack. These achievements are proof of our scalable, increasingly profitable business model, the size of our opportunity and the strength of our execution.”

Payoneer appoints Barak Eilam to its Board of Directors.

Lili added international wire payments to its financial platform designed for small business owners. The company’s international wire payments solution enables its small business customers to both receive and send international payments in 27 countries across North America, Europe and Asia, Lili said in a Wednesday (Feb. 19) press release. Lili expects to add more countries later this year, according to the release