Montreal-based payments company Nuvei has agreed to acquire Nasdaq-listed Payoneer for $2,750 million in cash, creating a unified global financial platform covering more than 190 countries.
Under the terms of the deal, Nuvei will purchase all outstanding Payoneer shares at $7.40 per share, representing a premium of approximately 10 percent above Payoneer’s recent stock price of $6.75.
The merger agreement, signed on 12 June 2026, was approved by the boards of both companies and is expected to close in mid-2027, pending shareholder and regulatory approvals.
The combined entity is projected to generate approximately $3,000 million in annual revenue and process more than $500,000 million in annual payment volume for over 2.4 million customers.
Nuvei Chairman and Chief Executive Phil Fayer described the acquisition as a defining step in building a global financial infrastructure platform combining payment acceptance, cross-border payouts, card issuance, and treasury services.
The deal merges Nuvei’s payment acceptance technology with Payoneer’s cross-border payout network and multi-currency accounts, enabling businesses to accept, hold, and move money including stablecoin transactions globally.
The transaction is being financed through commitments from BMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo, with Goldman Sachs advising Nuvei and Qatalyst Partners advising Payoneer.
