Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, has been recognized by leading business publication Startup Pakistan with the “Best Cross-Border Payment Platform” Award 2025. This accolade honors Payoneer’s commitment to empowering Pakistan’s businesses, entrepreneurs, and exporters to scale globally by enabling seamless global transactions across 190+ countries and territories in 10 currencies.
“Pakistan’s entrepreneurs, exporters, and freelancers are transforming the country’s economic narrative,” said Nagesh Devata, SVP Asia-Pacific at Payoneer. “With Payoneer’s fast payments and seamless cash flow solutions, we’ve helped unlock Pakistan’s digital potential, as seen in historical IT-exports milestones like $354 million in July 2025 alone, reflecting 24% year-on-year growth and a 5% increase from the previous month. Payoneer is proud to be a trusted partner to Pakistani businesses expanding in the global economy.”
Payoneer proudly receives this award on the heels of its 20th anniversary, reflecting its evolution from a payment provider to a comprehensive financial stack and growth partner to Pakistani businesses. From Islamabad’s BPOs servicing international clients to Lahore’s digital gaming studios delivering projects globally, and independent gig workers exporting across 190+ countries and territories, Pakistan’s digital economy has emerged as a powerful growth engine.
Amid shifting trade dynamics, tariffs, and logistical challenges, Pakistan’s digital economy has emerged as a powerful growth engine. IT and business process outsourcing (BPO) exports reached approximately $3.9 billion in FY24, while freelancers alone generated $3.2 billion, marking 24% year-over-year growth. Today, Pakistan ranks among the top global freelancing nations, with more than 3 million active professionals offering services across North America, Europe, and the Gulf Cooperation Council.
As this ecosystem grows, Payoneer has become a pivotal cross-border payments platform, empowering businesses with multi-currency receiving accounts and innovative solutions that make getting paid globally simple and reliable. Through Payoneer Billing Services, Pakistani exporters can send professional invoices and receive international payments directly, while Payoneer Checkout enables them to accept card and alternative payments from customers worldwide. Coupled with competitive FX rates, Payoneer ensures predictable cash flow and faster cross-border transactions, helping SMBs and exporters scale with confidence.
