New York, USA – Payments technology company Nuvei has entered into a definitive agreement to acquire cross-border payments platform Payoneer in a deal valued at approximately $2.75b.
Under the terms of the agreement, Nuvei will acquire all issued and outstanding shares of Payoneer Global Inc. common stock for $7.40 per share in cash.
The companies said the transaction aims to combine Nuvei’s payment acceptance capabilities with Payoneer’s cross-border payouts, multi-currency accounts, banking network, and settlement infrastructure. The combined platform is intended to support businesses operating across local and international markets.
“The acquisition of Payoneer marks a defining step in Nuvei’s evolution into a global financial infrastructure leader,” said Phil Fayer, Chairman and Chief Executive Officer of Nuvei. “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.”
According to the companies, the combined business will provide payment and financial infrastructure services to customers operating across major digital commerce platforms, including Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce.
The announcement highlighted Payoneer’s regulatory presence in multiple jurisdictions, including licensing for online payment services in mainland China and authorisation in principle as a cross-border payment aggregator in India under the regulatory framework of the Reserve Bank of India.
The companies also said the acquisition is expected to enhance support for emerging financial models such as agentic commerce, stablecoin payments, and platform-native financial services.
“For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build,” said John Caplan, Chief Executive Officer of Payoneer. “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.”
The transaction has been approved by the boards of directors of both companies and is expected to close in mid-2027, subject to approval by Payoneer shareholders, regulatory clearances, and other customary closing conditions.
Goldman Sachs & Co. LLC is serving as lead financial advisor to Nuvei, with Barclays Capital Inc. also providing financial advice. Simpson Thacher & Bartlett LLP and Stikeman Elliott LLP are acting as legal counsel to Nuvei.
Qatalyst Partners is serving as exclusive financial advisor to Payoneer, while Davis Polk & Wardwell LLP is acting as legal counsel.
BMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo are providing committed financing for the transaction.
