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Nuvei to buy Payoneer for roughly $2.75 billion

Nuvei to buy Payoneer for roughly $2.75 billion

Payoneer shareholders would receive $7.40 a share in cash, a 44% premium to the June 8 close, as the companies pursue greater scale in cross-border payments and global commerce.

Fact Check
The official Nuvei press release confirms the acquisition of Payoneer for $2.75 billion at $7.40 per share in cash. Reuters and Bloomberg both independently corroborate the $2.75 billion deal value and $7.40/share cash terms. The Bloomberg report explicitly references the $7.40 per-share cash price. The core facts of the claim — Nuvei buying Payoneer for ~$2.75 billion with shareholders receiving $7.40 a share in cash — are fully supported. The 44% premium to the June 8 close is a derived figure consistent with the offer price and standard reporting, though not explicitly quoted in the cleaned official content.
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Summary

Nuvei will acquire Payoneer Global for about $2.75 billion, paying $7.40 per share in cash, a 44% premium to Payoneer’s June 8 closing price. Payoneer shares rose 3.4% in premarket trading after the announcement. The deal, one of the largest fintech acquisitions of 2026 so far, would combine Nuvei’s payment-processing reach in more than 200 markets and support for 720 alternative payment methods with Payoneer’s cross-border payouts, multi-currency management and marketplace payment capabilities. The merged company is expected to serve more than 2.4 million customers across over 190 countries, process more than $500 billion in annual payment volume and generate about $3 billion in yearly revenue. Both boards have approved the transaction, which still requires Payoneer shareholder approval and regulatory clearances in multiple countries before an expected mid-2027 close. The announcement also comes months after Payoneer applied in February for a national trust bank charter with the Office of the Comptroller of the Currency, tied to a stablecoin strategy after the U.S. passed the GENIUS Act. If approved, the charter would allow Payoneer to issue a stablecoin called PAYO-USD, manage its backing reserves and provide digital-asset custody services.

Terms & Concepts
  • cross-border payouts: Payment services that let businesses send money to recipients in other countries.
  • stablecoin: A digital token designed to maintain a steady value, typically by being backed by reserves tied to a fiat currency.
  • digital-asset custody: Safekeeping and administration of crypto or tokenized assets on behalf of clients.