New Delhi, July 14 -- Global fintech company Payoneer has opened a new innovation hub in Gurugram, expanding its engineering and product development footprint in India. The facility will support teams across engineering, artificial intelligence (AI), product development, compliance technology, workforce management, and business operations.

The expansion comes as global fintech firms increasingly use India as both a growth market and a technology base for building AI-driven financial services. For Payoneer, the new centre will contribute to developing products that support cross-border payments and enterprise marketplaces worldwide.

The Gurugram centre points out how multinational technology companies are approaching India. Rather than s...