Montreal-born payments company Nuvei is acquiring New York-based Payoneer in a $2.75 billion all-cash transaction, a deal aimed at creating a broader global financial infrastructure platform. Nuvei will pay $7.40 per share for Payoneer, whose cross-border payouts, banking network, same-day and real-time settlement capabilities complement Nuvei’s payment acceptance business.
The combined company says it will help businesses accept payments, send funds, issue cards, manage treasury and foreign exchange, and access embedded financial services. The boards of both companies have approved the transaction, which is expected to close in mid-2027, subject to customary conditions, with Goldman Sachs serving as lead advisor.
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