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Nuvei to Buy Payoneer for $2.75 Billion

The deal seeks to combine Nuvei’s merchant payments infrastructure with Payoneer’s cross-border payout network to scale global treasury services, stablecoin settlement, plus regulatory reach in key markets.

Phil Fayer, CEO of Nuvei, Handout
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Overview

  • Nuvei signed a definitive agreement on Monday to acquire Payoneer for $2.75 billion in cash, paying $7.40 a share, and the boards of both companies have approved the transaction.
  • Goldman Sachs is lead adviser to Nuvei while Qatalyst Partners advised Payoneer, and debt commitments have been provided by BMO Capital Markets, RBC, Barclays, UBS and Wells Fargo.
  • The companies say the combined business would serve more than 2.4 million customers, generate roughly $3 billion in annual revenue and process over $500 billion in payments each year.
  • Completion is targeted for mid-2027 but depends on Payoneer shareholder approval and regulatory clearances, leaving the deal exposed to review, integration and execution risks.
  • The tie-up is designed to give marketplaces, freelancers and global merchants faster cross-border payouts and multi-currency accounts while strengthening the firms’ push into stablecoin settlement and competition with larger players such as Stripe.