Nuvei has announced its plan to acquire US-based payments processor Payoneer for $2.75 billion USD, aiming to significantly expand its global presence and payment processing capabilities. The deal, valued at a 35% premium to Payoneer’s stock price prior to acquisition talks, positions the combined company to handle more than $500 billion in annual payment volume across over 190 countries.
- Nuvei’s $2.75B acquisition values Payoneer at $7.40/share in cash
- Combined company to process over $500B in payments annually
- Deal expects to close mid-2027, pending approvals
What happened
Montreal-based payments company Nuvei announced it will acquire US-listed Payoneer in an all-cash transaction totaling $2.75 billion USD, representing a premium of approximately 35% to Payoneer's trading price before the acquisition talks became public. The deal follows a week of reported negotiations and was officially confirmed early in the week.
Why it matters
This acquisition positions Nuvei as a dominant global payments processor, combining complementary technologies and regulatory licenses to offer businesses a single partner for accepting, holding, and moving money worldwide, including stablecoin transactions. The merged entity is expected to process over $500 billion in total annual payment volume for more than 2.4 million customers.
What to watch next
Market participants will be closely monitoring the integration process between Nuvei and Payoneer to see how effectively the combined firm can unify their respective platforms and scale operations to meet projected payment volumes and revenue targets, estimated at around $3 billion USD annually.