Nuvei to acquire Payoneer in $2.75 billion deal
Acquisition combines payment acceptance and cross-border infrastructure to create a larger global commerce platform.
Nuvei entered into a definitive agreement to acquire Payoneer in an all-cash transaction valued at approximately $2.75 billion, with Payoneer shareholders receiving $7.40 per share. The acquisition brings together Nuvei's payment acceptance capabilities and Payoneer's cross-border payment infrastructure, creating a larger platform serving businesses that operate across multiple markets and currencies.
Key highlights
$2.75 billion acquisition agreement: Nuvei will acquire all outstanding shares of Payoneer under a transaction approved by both companies' boards. The deal is expected to close in mid-2027, subject to shareholder and regulatory approvals.
Expansion beyond payment acceptance: The transaction adds Payoneer's capabilities in cross-border payouts, multi-currency accounts, and global banking connectivity to Nuvei's existing payments business, broadening the range of financial services available through a single platform.
Access to more than 150 markets: Payoneer's infrastructure supports same-day and real-time settlement across more than 150 markets, providing businesses with tools to move funds across different jurisdictions and currencies.
Strengthened regulatory presence: A key part of the acquisition is Payoneer's regulatory footprint, including payment licensing in China and authorization as a cross-border payment aggregator in India, giving the combined company access to important international markets.
Significant operating scale: Upon closing, the combined organization 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.
Broad ecosystem reach: The platform will support businesses operating on major digital commerce and marketplace ecosystems, including Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, Shopify, WooCommerce, and ByteDance-related platforms.
What this acquisition tells us
This transaction reflects a broader shift in payments from standalone processing services toward integrated financial platforms that combine acceptance, payouts, treasury capabilities, foreign exchange management, and settlement infrastructure. Scale, regulatory access, and international connectivity are becoming increasingly important competitive advantages as businesses operate across multiple geographies.
The acquisition also shows how payment providers are positioning themselves to support newer forms of digital commerce by building infrastructure that can move money efficiently across markets, currencies, and payment networks through a single platform.
