Nuvei, a Canadian digital payments company, has agreed to acquire Payoneer Global Inc. for about $2.75 billion, as part of an effort to strengthen its presence in cross-border commerce. Multiple outlets report the deal combines two payments firms that together process very large volumes of transactions, with Bloomberg noting the companies process more than half a trillion dollars in annual volume. The acquisition is presented as Nuvei’s first deal since it went private in 2024, and several reports say the combined platform aims to extend services across international markets, including more than 190 countries.
Under the terms described by sources, the companies have entered into a definitive agreement, and the transaction is expected to close in mid-2027, subject to customary conditions. These include approval by Payoneer shareholders, relevant regulatory approvals, and other closing requirements. Analysts cited in one report frame Payoneer as a potentially attractive addition in a market where international payments are rapidly evolving, alongside broader pressures on payment providers to scale.
