Payoneer Global Inc.

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.

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.

Payoneer Global Inc. announced the acquisition of Boundless Technologies Limited for $13.176 million on January 19, 2026, enhancing its Employer of Record platform. For the first quarter ended March 31, 2026, the company reported revenues of $261.595 million, a 6.07% increase year-over-year. Net income for the quarter decreased by 4.9% to $19.568 million, while diluted earnings per share rose to $0.06.

Payoneer Global Inc. reported strong financial results for the first quarter ended March 31, 2026, with revenue excluding interest income increasing 11% year-over-year to $210.1 million. The company saw significant operational momentum, including a 44% acceleration in B2B volume growth and a 12% rise in SMB customer revenue. Payoneer also increased its full-year 2026 guidance for revenue ex. interest to $900-$940 million and Adjusted EBITDA to $285-$295 million, reflecting confidence in its continued growth and profitability.

Payoneer Global Inc. will hold its Annual Meeting of Stockholders virtually on June 9, 2026, to elect three Class II directors, ratify Kesselman & Kesselman as the independent auditor, and conduct an advisory vote on executive compensation. The company reported record 2025 revenue of $1.05 billion, up 8%, and over $233 million in operating cash flow. Strategic moves included acquiring Easylink Payment Co. Ltd in China, partnering with Stripe, repurchasing $175 million in shares, acquiring Boundless, receiving Indian PA-CB authorization, and launching stablecoin capabilities with an OCC trust bank application.