Startup News

Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform

Jun 16, 2026 | By Startuprise io

Nuvei, a payments company based in Montreal, Canada, is acquiring Payoneer, a global financial platform for cross-border business and payments.

Under the terms of the agreement, Nuvei will acquire all outstanding shares of Payoneer Global Inc. for $7.40 per share in cash, valuing the deal at approximately $2.75 billion.

As commerce becomes more complex across local and cross-border markets, businesses need infrastructure that can support the full transaction lifecycle. This deal addresses that need by combining Nuvei’s payment acceptance capabilities with Payoneer’s cross-border payouts, multi-currency accounts, and banking network, along with same-day and real-time settlement in more than 150 markets.

Together, the companies create a unified, always on financial infrastructure built on trusted payment rails. This supports businesses operating across major digital commerce platforms such as Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify and WooCommerce.

A key part of this infrastructure is Payoneers strong regulatory presence across major global markets. The company holds several licenses and approval's including authorization for online payment services in mainland China and in principle approval in India as a cross border payment aggregator under the Reserve Bank of Indias framework.

The deal also enhances Nuvei’s ability to support new financial models such as agentic commerce, stablecoin payments and platform based financial services. These capabilities help businesses move money more easily across different payment types settlement systems and countries.

"For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build," said John Caplan, Chief Executive Officer of Payoneer. "We have transformed our business with extraordinary results, and our combination with Nuvei will extend what we can offer customers. Together, we will reach more businesses, in more markets, with a more complete platform."

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"The acquisition of Payoneer marks a defining step in Nuveis evolution into a global financial infrastructure leader," said Phil Fayer, Chairman and Chief Executive Officer of Nuvei. "By combining complementary capabilities, we can offer businesses a more complete platform to accept payments, send funds, issue cards, manage treasury, and FX needs and access embedded financial services at scale."

About Nuvei

Founded in 2003, Nuvei builds infrastructure for payments everywhere. Its modular and scalable technology helps companies accept next generation payments, manage payouts, and access services like card issuing, risk and fraud management. Nuvei connects businesses to customers in more than 190 countries, with local acquiring in 52 markets, support for 150 currencies and over 720 alternative payment methods, helping customers operate successfully both locally and globally.

About Payoneer 

Founded in 2005, Payoneer is a financial platform for cross-border business and global payments. It provides businesses with the tools and services they need to grow and operate internationally with confidence. Payoneer help's companies, especially in emerging markets, connect to the global economy. It enables them to send and receive cross border payments manage multiple currencies and expand their businesses globally.

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