AcquisitionsAug 6, 2026, 07:38 AM
Payoneer to be Acquired by Nuvei for $2.75B; Reports Q2 Results
AI Summary
Payoneer Global Inc. announced an agreement to be acquired by Nuvei for approximately $2.75 billion, or $7.40 per share in cash, with the transaction expected to close in mid-2027. Concurrently, the company reported its second-quarter 2026 financial results, with revenue excluding interest income increasing 10% year-over-year to $222.2 million and total revenue up 5% to $274.3 million. The company posted a net loss of $(2.4) million for the quarter, compared to a net income of $19.5 million in the prior year, while Adjusted EBITDA grew 7% to $71.4 million. Due to the pending acquisition, Payoneer is suspending earnings conference calls and financial guidance.
Key Highlights
- Payoneer to be acquired by Nuvei for $2.75 billion, or $7.40 per share in cash.
- Q2 2026 revenue excluding interest income increased 10% year-over-year to $222.2 million.
- Q2 2026 total revenue grew 5% year-over-year to $274.3 million.
- Q2 2026 net loss was $(2.4) million, compared to net income of $19.5 million in Q2 2025.
- Q2 2026 Adjusted EBITDA increased 7% year-over-year to $71.4 million.
- Volume grew 15% year-over-year to $23.7 billion, driven by 48% B2B acceleration.
- Company suspended financial guidance and earnings calls due to the pending acquisition.
- Repurchased $16 million of shares in Q2 2026 at a weighted average price of $4.91 per share.
Price Impact
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