Nuvei in discussions to acquire Payoneer for $2.7bn- report

Aninda Chakraborty

Wed, June 10, 2026 astatine 5:17 AM CDT 2 min read

Canadian payments processor Nuvei is reportedly successful precocious talks to get Payoneer Global successful a transaction valued astatine astir $2.7bn.

The acquisition terms includes Payoneer's cash, implying an endeavor worth of astir $2.3bn, Reuters reported, citing 2 radical acquainted with the matter.

A woody could beryllium signed successful the coming days.

The discussions are presently underway, and the presumption could inactive change, the sources told the quality agency, adding that a woody whitethorn not materialise.

Electronic Payments International has contacted Nuvei and Payoneer for remark connected the reported discussions.

Founded successful 2005, Payoneer operates a level that enables businesses and freelancers to marque and person cross-border payments.

According to the company's website, it supports transactions successful much than 150 currencies and offers autochthonal connection enactment crossed 17 languages.

Payoneer has a marketplace capitalisation of astir $1.7bn.

The institution reported an 8% summation successful gross to $1.05bn past year. However, nett income fell 40% to $73.2m, which it attributed to little involvement income and higher operating expenses.

If completed, the woody would bring unneurotic Nuvei's merchant payments services with Payoneer's money transportation network.

Reuters said the tie-up could besides grow Nuvei's scope successful emerging markets and supply entree to Payoneer's ample online marketplace clients, including Amazon, Walmart and eBay.

Montreal-based Nuvei provides outgo processing, hazard absorption and payout services to merchants globally.

The institution has utilized acquisitions arsenic a maturation strategy since it was taken backstage successful a astir $6.3bn buyout led by Advent successful 2024, alongside existing investors Novacap and CDPQ.

Earlier this year, Nuvei partnered with FreedomPay to supply endeavor merchants with a unified payments solution.