US-based fintech firm Payoneer opens a new technology hub in India as part of its expansion and hiring plans, according to reports. Both outlets say the company is strengthening its engineering and research-and-development capabilities in India, where it also operates as a global services base. Payoneer’s India hub is set to support work across engineering functions as the firm scales operations and product development. Business Standard reports that Payoneer plans to hire 300 engineers by the end of 2026, framing the move as a continuation of its push to build out India’s role as a key global technology and R&D location. Channel NewsAsia similarly describes the opening of the tech hub and the related boost to hiring, though without adding additional quantitative targets in the provided excerpt. Overall, the coverage agrees that Payoneer is investing in India by establishing a dedicated technology hub and increasing recruitment, linking the plan to India’s expanding position as a destination for global tech work.