Nuvei to Acquire Payoneer for $2.75 Billion

Nuvei has entered into a definitive agreement to acquire Payoneer Global Inc. for $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion. The acquisition aims to create a leading global platform for local and cross-border commerce, combining Nuvei's payment acceptance capabilities with Payoneer's cross-border payouts and multi-currency accounts. The combined entity is projected to generate around $3 billion in annual revenue and process over $500 billion in annual payment volume. The transaction is anticipated to close in mid-2027, pending shareholder and regulatory approvals.