Payoneer to be Acquired by Nuvei for $2.75B; Reports Q2 Results

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.