Payoneer Global Inc (NASDAQ:PAYO) today announced the opening of its new innovation hub in Gurugram, serving as a key center for technology development and business operations.

The Gurugram hub is currently home to teams spanning engineering, go-to-market, and Workforce Management, with plans to continue growing as Payoneer invests in innovation and global growth.

The Gurugram hub will play a central role in advancing Payoneer’s AI capabilities, bringing together engineering, product, data, AI, compliance technology, workforce management, commercial, and operational teams to accelerate innovation and build core platform capabilities and AI-enabled experiences. This work will strengthen Payoneer’s global enterprise marketplaces payout capabilities while supporting the cross-border payments and operational needs of businesses operating in India and around the world.

Payoneer chose Gurugram for its exceptional engineering and AI talent, as well as its ability to enable seamless collaboration across time zones and with teams around the globe. The hub will support around-the-clock product development, helping to accelerate innovation for customers worldwide.

Oren Ryngler, Chief Product and Technology Officer, Payoneer, said:

“India is central to how we’re building Payoneer’s future. As we work towards becoming an AI-native company, the work happening in Gurugram will directly shape our global platform. This hub is where we’re building key capabilities for our enterprise marketplace clients, financial services and workforce management, and expanding the next generation of our core capabilities. Gurugram is central to our worldwide innovation strategy – not a support site – and I’m excited about what our teams will build here.”

Gaurav Gupta, SVP and Platform Site Leader – India, Payoneer, added:

“India is both a critical growth market and where we’re building core Platform capabilities that serve our customers globally. India today combines one of the world’s deepest pools of fintech and AI engineering talent, making it uniquely positioned for this moment as AI moves from experimentation to enterprise deployment. We’re attracting elite AI and engineering experts here to solve complex problems at scale, allowing us to stay close to our customers while accelerating innovation for businesses around the world.”

Payoneer will officially celebrate the hub’s opening at the Sector 42 office on July 13, 2026.