Nuvei to Acquire Payoneer for $2.75 Billion with Projected $3 Billion Revenue
PAYO•Nuvei will buy Payoneer for $7.40 per share in cash, valuing the transaction at $2.75 billion and creating a combined platform projected to generate $3 billion in annual revenue and process $500 billion in payment volume for 2.4 million customers. The deal is expected to close in mid-2027 pending approvals.
1. Deal Terms and Valuation
Nuvei will acquire all issued and outstanding Payoneer shares for $7.40 per share in cash, representing approximately $2.75 billion in total equity value. The all-cash offer provides certainty of value to Payoneer shareholders and reflects strategic alignment between the two companies’ payment capabilities.
2. Combined Business Scale
Upon closing, the combined entity is expected to generate around $3 billion in annual revenue and process over $500 billion in payment volume for more than 2.4 million customers. It will offer a unified platform supporting local and cross-border commerce across 190+ countries, integrating payment acceptance, multi-currency accounts, and stablecoin transactions.
3. Closing Timeline and Conditions
The transaction has been approved by both boards and is anticipated to close in mid-2027, subject to Payoneer shareholder approval, receipt of required regulatory clearances and customary closing conditions. Committed financing has been secured from multiple banks to support the transaction structure.
