Nuvei and Payoneer confirmed that they have entered into a definitive agreement under which Nuvei will acquire Payoneer for approximately $2.75 billion.
Under the terms of the agreement, Nuvei will acquire all outstanding shares of Payoneer for $7.40 per share in cash. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in mid-2027, subject to shareholder approval, regulatory clearances, and customary closing conditions.
The combination brings together Nuvei’s payment acceptance capabilities with Payoneer’s cross-border payouts, multi-currency accounts, and global banking infrastructure. The combined company is expected to generate approximately $3 billion in annual revenue and process more than $500 billion in annual payment volume across a customer base exceeding 2.4 million businesses.
The companies said the merger will create a unified financial infrastructure platform that enables businesses to accept, hold, and move money across more than 190 countries and territories. The platform will support a broad range of services, including payment acceptance, payouts, card issuance, treasury management, foreign exchange services, embedded financial products, and stablecoin transactions.
Payoneer’s regulatory footprint and licenses across multiple jurisdictions are expected to complement Nuvei’s payment capabilities. Payoneer also maintains regulatory authorizations in key markets including China and India, strengthening the combined company’s international reach.
The merged platform will serve businesses operating on major digital commerce ecosystems, including Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce.
The companies also expect the combination to enhance their ability to support emerging forms of commerce, including agentic commerce, stablecoin payments, and platform-native financial services. These capabilities are designed to help businesses move funds more efficiently across different payment networks, currencies, and jurisdictions.
BMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo are providing committed financing for the acquisition. Goldman Sachs is serving as lead financial advisor to Nuvei, while Qatalyst Partners is acting as exclusive financial advisor to Payoneer.
Founded as a global payments company, Nuvei connects businesses to customers in more than 190 countries, supporting over 720 alternative payment methods and 150 currencies. Payoneer provides cross-border payment and financial services to millions of businesses around the world, with a particular focus on helping companies in emerging markets participate in the global economy.
KEY QUOTES:
“The acquisition of Payoneer marks a defining step in Nuvei’s evolution into a global financial infrastructure leader. 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.”
Phil Fayer, Chairman and Chief Executive Officer of Nuvei
“For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build. 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.”
John Caplan, Chief Executive Officer of Payoneer
