Nuvei has announced it will acquire Payoneer Global Inc. for $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion.
“The acquisition of Payoneer marks a defining step in Nuvei’s evolution into a global financial infrastructure leader,” said Phil Fayer, Chairman and Chief Executive Officer of Nuvei. “By combining complementary capabilities, we can offer businesses a more complete platform to accept payments, send funds, issue cards, manage treasury and FX needs, and access embedded financial services – at scale.”
The two firms will combine Nuvei’s leading payment acceptance capabilities with Payoneer’s cross-border payouts, multi-currency accounts and banking network, along with same-day and real-time settlement in more than 150 markets.
Together, the companies create an always-on, unified financial infrastructure built on trusted rails, supporting customers that do business across the world’s leading digital commerce platforms, including Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce.
Payoneer has established regulatory footprint across major jurisdictions around the world and holds multiple licenses and authorizations, including licensing for online payment services in China and as a cross-border payment aggregator in India while Nuvei brings on board emerging financial models, including agentic commerce, stablecoin payments, and platform-native financial services.
“For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build,” said John Caplan, Chief Executive Officer of Payoneer. “We have transformed our business with extraordinary results, and our combination with Nuvei will extend what we can offer customers. Together, we will reach more businesses, in more markets, with a more complete platform.”
The transaction has been approved by the Boards of Directors at Nuvei and Payoneer.
The transaction is expected to close in mid-2027, subject to approval by Payoneer’s shareholders, receipt of required regulatory approvals, and other customary closing conditions.