---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-23-003960"
form_type: "8-K"
ticker: "PAYO"
cik: "0001845815"
company_name: "Payoneer Global Inc."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:50:24.889761+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Payoneer confirms less than $20M of $6.4B cash held at SVB

## Summary
- Total cash balances were approximately $6.4 billion as of December 31, 2022.
- Less than $20 million is held at Silicon Valley Bank via cash deposits and money market funds managed by a third party.
- Majority of cash is held across more than 10 global systemically important banks.
- FDIC took control of SVB on March 10, 2023 due to liquidity concerns.

## SEC filing metadata
- accession: 0000950103-23-003960
- form_type: 8-K
- ticker: PAYO
- cik: 0001845815
- company_name: Payoneer Global Inc.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845815/000095010323003960/0000950103-23-003960-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845815/000095010323003960/dp190483_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-23-003960
- JSON: https://secwatch.observer/filing/0000950103-23-003960.json
- Plain text: https://secwatch.observer/filing/0000950103-23-003960.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.