Nuvei has agreed to acquire Nasdaq-listed Payoneer Global (NASDAQ:PAYO) in an all-cash deal valuing the cross-border payments company at approximately $2.75 billion, sending Payoneer shares up 4.1%.
Under the terms of the agreement, Nuvei will pay $7.40 per share for all outstanding common stock of Payoneer
The acquisition would combine Nuvei’s payment acceptance capabilities with Payoneer’s cross-border payouts, multi-currency accounts and banking network, and same-day and real-time settlement across more than 150 markets. “The acquisition of Payoneer marks a defining step in Nuvei’s evolution into a global financial infrastructure leader,” said Phil Fayer, CEO of Nuvei. Together, the companies would serve customers operating across major digital commerce platforms including Amazon, eBay, Walmart, Airbnb and Shopify. The deal also brings Payoneer’s regulatory footprint, which includes licensing for online payment services in mainland China and authorization in principle as a cross-border payment aggregator in India.
The transaction has been approved by both boards and is expected to close in mid-2027