M&A

Nuvei Announces Definitive Agreement to Acquire Payoneer

Nuvei and Payoneer announced on Jun 15, 2026, that they have entered into a definitive agreement under which Nuvei will acquire all outstanding shares of Payoneer Global Inc. for $7.40 per share in cash. The deal values Payoneer at roughly $2.75 billion in total equity. The combined company is expected to generate approximately $3 billion in annual revenue and process more than $500 billion in annual payment volume for over 2.4 million customers.

Nuvei's payment acceptance capabilities will merge with Payoneer's cross-border payouts, multi-currency accounts, and banking network, which offers same-day and real-time settlement in more than 150 markets. The transaction has been approved by both boards of directors. Closing is expected in mid-2027, pending Payoneer shareholder approval, regulatory clearances, and other customary conditions.

Goldman Sachs is serving as lead financial advisor to Nuvei, while Qatalyst Partners is exclusive financial advisor to Payoneer.

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Implications
  • Creates a formidable end-to-end embedded payments and accounts infrastructure competitor, pressuring standalone BaaS and payout providers
  • Signals accelerating consolidation in embedded finance infrastructure as platforms demand unified acquiring, accounts, and payout solutions from a single provider
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