Nuvei to Acquire Payoneer in $2.75 Billion All-Cash Deal

The boards of both companies have approved the acquisition, with the deal expected to close by mid-2027 pending shareholder and regulatory clearance. By integrating Payoneer, Nuvei gains access to extensive multi-currency accounts, treasury management tools, and a significant regulatory footprint that includes operational licenses in mainland China and authorization in India. The combined entity will serve a vast roster of digital commerce platforms, including Amazon, Walmart, Airbnb, and Shopify.

Phil Fayer, chairman and chief executive officer of Nuvei, described the move as a defining step toward establishing a global financial infrastructure leader. The integration will allow the firm to facilitate stablecoin payments and agentic commerce applications, which require seamless fund transfers across disparate networks. Payoneer CEO John Caplan noted that joining forces provides the scale necessary to expand services built over the company’s two-decade history. In addition to its commercial operations, Payoneer currently serves as a distribution provider for the FTX Recovery Trust, assisting creditors in the exchange’s ongoing bankruptcy reorganization process.