Canadian payment processor Nuvei has agreed to acquire cross-border payments firm Payoneer Global in an all-cash transaction valued at approximately $2.75 billion. Under the terms, Payoneer shareholders will receive $7.40 per share, a 44% premium over the closing price on June 8, 2026. The deal has been unanimously approved by both companies’ boards but remains subject to shareholder and regulatory approvals, with completion expected by mid-2027.
The combined entity will serve over 2.4 million customers across more than 190 countries, processing over $500 billion in annual payment volume and generating approximately $3 billion in combined yearly revenue. Nuvei brings access to 200+ markets and 720 alternative payment methods, while Payoneer contributes its cross‑border e‑commerce expertise and relationships with major marketplaces like Amazon, Walmart, eBay, Shopify, and Airbnb.
Financing for the acquisition has been committed by BMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo. Goldman Sachs and Barclays Capital are acting as financial advisors to Nuvei, with Qatalyst Partners advising Payoneer.
Payoneer’s recent application for a national trust bank charter under the GENIUS Act adds a strategic layer. If approved, Payoneer would be able to issue its own PAYO-USD stablecoin and manage digital asset custody, reinforcing the merged firm’s push into stablecoin‑powered cross‑border payments. CEO John Caplan stated that stablecoins will play a major role in global trade, and the charter would give customers a regulated way to adopt new payment methods.
The merger highlights the growing convergence of traditional finance and crypto rails, positioning the new company to accelerate stablecoin settlement and challenge existing payment giants. Industry analysts view the deal as a sign of maturing crypto‑payment infrastructure driving broader adoption.
