# The Quiet Fintech Behind $85 Billion in Transactions, with Payoneer CEO John Caplan

Page: https://stenobird.com/podcast/the-fintech-blueprint-1372983/the-quiet-fintech-behind-85-billion-in-transactions-with-payoneer-ceo-john-caplan
Text version: https://stenobird.com/podcast/the-fintech-blueprint-1372983/the-quiet-fintech-behind-85-billion-in-transactions-with-payoneer-ceo-john-caplan.md
Podcast: [The Fintech Blueprint](https://stenobird.com/podcast/the-fintech-blueprint-1372983)
Published: 2026-02-02T15:00:00+00:00
Episode link: https://lex.substack.com/
Audio file: https://cdn.simplecast.com/audio/7051d3f0-1ddb-41e0-b514-e52dd30df9ac/episodes/1055c327-1695-4ad6-8f36-1b7e03398def/audio/43cf6d8f-dd83-4d4e-93dd-efa8ff89076e/default_tc.mp3?aid=rss_feed&feed=sQKPtdhq
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Duration seconds: 2664

## Resource

In this episode, Lex speaks with John Caplan — CEO of Payoneer, a public fintech company driving over $85 billion in annual cross-border payment volume. With roots as a prepaid card provider, Payoneer has evolved into a global financial operating platform serving 2 million entrepreneurs across 190 countries. Caplan shares insights from his entrepreneurial journey—from building OpenSky and scaling it to $50 million in revenue before its acquisition by Alibaba, to now leading Payoneer’s transformation into a full-service banking alternative for global SMBs. We explore how Payoneer is addressing the complex financial needs of international businesses, competing in a dynamic payments landscape, and preparing for a future that includes stablecoins, workforce management, and potentially $1 trillion in annual volume.

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## Transcript

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