John Caplan on cross-border payments

In this episode of the Wrap Up Podcast, I sit down with John Caplan, CEO of Payoneer, to break down why global payments still fail the very businesses they are supposed to serve. We go beyond the usual narrative and unpack what is actually broken: fragmented infrastructure, compliance complexity, local rails, and the reality that there is no one-size-fits-all solution for global businesses. We also dive into Payoneer’s transformation from a payouts provider into a full financial operating system powering receivables, payables, treasury, and multi-currency operations for millions of businesses. That shift is what pushed the company past $1B in revenue, with B2B now driving the majority of growth. On stablecoins, we separate signal from noise. Despite the hype, they are not a silver bullet. Costs don’t disappear they shift. The real question is where they actually create utility for businesses operating globally. We also cover: – Why owning both rails and the customer matters – The role of AI and “Know Your Agent” in payments – Why compliance is still the hardest problem in cross-border – How fintech innovation is shifting beyond traditional hubs This is a conversation about reality, not narratives. _______ Subscribe LinkedIn:   / sirojboboev   Newsletter: https://www.fintechwrapup.com/ Instagram:   / wrapuppodcast   Tiktok:   / wrapuppodcast   X: https://x.com/samboboev