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Payoneer appoints Barak Eilam as new board director amid growth strategy

Payoneer has appointed Barak Eilam, former CEO of Nice, as a new board director. Eilam, who led significant transformations at Nice, including a shift to cloud services, joins Payoneer as it navigates post-2021 tech bubble challenges and anticipates nearly $1 billion in annual revenue. The company's stock has surged 80% over the past year, reflecting improved performance in small-business payment processing.

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