Canada's Nuvei to buy Payoneer Global for $2.75bn

15th Jun 2026 14:54

(Sharecast News) - Canada's Nuvei said on Monday that it has agreed to buy cross-border payments company Payoneer Global for around $2.75bn.

Under the terms of the deal, Nuvei will pay $7.40 per share in cash. At close, the combined company is expected to generate around $3bn in annual revenue and process more than $500bn in annual payment volume for more than 2.4m customers.

Nuvei said that as commerce becomes more complex across local and cross-border markets, businesses need infrastructure that can support the full transaction lifecycle. It said the acquisition of Payoneer directly addresses that need by combining Nuvei's "leading" payment acceptance capabilities with Payoneer's cross-border payouts, multi-currency accounts and banking network, along with same-day and real-time settlement in more than 150 markets.

Nuvei chairman and chief executive Phil Fayer said: "The acquisition of Payoneer marks a defining step in Nuvei's evolution into a global financial infrastructure leader.

"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."

Payoneer CEO John Caplan said: "For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build.

"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."