Nuvei and Payoneer have announced a definitive agreement under which Nuvei will acquire Payoneer for approximately $2.75 billion. The transaction will create a leading global platform for local and cross-border commerce, enabling businesses to accept, hold, and move money across more than 190 countries and territories.
Strategic Acquisition Details
Under the terms of the agreement, Nuvei will acquire all outstanding shares of Payoneer Global Inc. common stock for $7.40 per share in cash. The total equity value of the transaction is approximately $2.75 billion. Upon close, the combined company is expected to generate around $3 billion in annual revenue and process over $500 billion in annual payment volume for more than 2.4 million customers.
Complementary Capabilities
The acquisition combines Nuvei's leading payment acceptance capabilities with Payoneer's cross-border payouts, multi-currency accounts, and banking network. Together, they will offer same-day and real-time settlement in more than 150 markets. Phil Fayer, Chairman and CEO of Nuvei, stated: "The acquisition of Payoneer marks a defining step in Nuvei's evolution into a global financial infrastructure leader."
Supporting Digital Commerce Platforms
The unified platform will support customers operating on major digital commerce platforms such as Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce. Payoneer's established regulatory footprint across key jurisdictions, including licenses for online payment services in mainland China and authorization as a cross-border payment aggregator in India, will be a key asset.
Emerging Financial Models
The transaction also strengthens Nuvei's ability to support emerging financial models, including agentic commerce, stablecoin payments, and platform-native financial services. These capabilities are expected to facilitate seamless fund movement across payment types, settlement networks, and jurisdictions.
John Caplan, CEO of Payoneer, commented: "For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build. Our combination with Nuvei will extend what we can offer customers, reaching more businesses in more markets with a more complete platform."
