Payoneer Opens New Innovation Hub in Gurugram, India | LeapRate
Payoneer (NASDAQ: PAYO), the global financial technology company powering cross-border business growth, announced on July 13, 2026, the launch of a new innovation hub in Gurugram, India. The site will serve as a key center for both technology development and business operations.
The Gurugram hub currently houses teams across engineering, go-to-market, and Workforce Management, with plans for continued expansion as Payoneer deepens its investment in innovation and global growth. The hub will play a central role in advancing the company’s artificial intelligence capabilities, bringing together engineering, product, data, AI, compliance technology, and operational teams to build core platform capabilities and AI-enabled experiences.
Payoneer said it selected Gurugram for its strong engineering and AI talent pool and its ability to support round the clock collaboration across global time zones.
Oren Ryngler, Chief Product and Technology Officer at Payoneer, said India is central to the company’s future as it works toward becoming an AI native business, adding that Gurugram is part of the company’s worldwide innovation strategy rather than simply a support site.
Gaurav Gupta, SVP and Platform Site Leader for India, said the country offers one of the world’s deepest pools of fintech and AI engineering talent, positioning it well as AI moves from experimentation into enterprise deployment.
Payoneer has been expanding its footprint in India, holding in principle authorization from the Reserve Bank of India to operate as a Payment Aggregator. The company also recently acquired Skuad, now known as Payoneer Workforce Management. The Gurugram hub officially opens at the Sector 42 office on July 13, 2026.
