Wednesday, August 5

Payoneer, the NASDAQ-listed financial technology company, has opened an innovation hub in Gurugram. The site houses engineering, go-to-market and Workforce Management teams, with more growth planned.

The hub will drive Payoneer’s AI capabilities, bringing together engineering, product, data, AI, compliance technology, workforce management, commercial and operational teams to build core platform capabilities and AI-enabled experiences. The work will strengthen Payoneer’s global enterprise marketplace payout capabilities and support cross-border payments for businesses in India and worldwide.

Payoneer picked Gurugram for its engineering and AI talent and its time zone position, which allows around-the-clock product development across global teams.

“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,” said Oren Ryngler, Chief Product and Technology Officer, Payoneer.

Gaurav Gupta, SVP and Platform Site Leader for India, 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 holds in-principle authorisation from the Reserve Bank of India to operate as a Payment Aggregator. Its acquisition of Skuad, now Payoneer Workforce Management, adds workforce solutions to its India offering. Together, these let the company serve Indian businesses operating across multiple markets, currencies and regulatory environments.

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

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