Payment technology firm Nuvei buying U.S. company Payoneer for US$2.75B

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MONTREAL - Nuvei has signed a deal to buy U.S. financial services company Payoneer Global Inc. for US$2.75 billion.

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MONTREAL – Nuvei has signed a deal to buy U.S. financial services company Payoneer Global Inc. for US$2.75 billion.

Under the terms of the agreement, the Montreal-based payment technology firm will pay US$7.40 per share in cash for the company.

Payoneer helps companies pay and get paid across borders and manage funds across multiple currencies. Its shares closed at US$6.75 on the Nasdaq market on Friday.

Nuvei Corp. CEO Philip Fayer is shown in a handout photo. THE CANADIAN PRESS/Handout-Nuvei Corp. (Mandatory Credit)
Nuvei Corp. CEO Philip Fayer is shown in a handout photo. THE CANADIAN PRESS/Handout-Nuvei Corp. (Mandatory Credit)

The transaction is subject to approval by Payoneer’s shareholders, regulatory approvals and other customary closing conditions. 

It is expected to close in mid-2027.

Nuvei was taken private in 2024 by U.S. private equity firm Advent International.

This report by The Canadian Press was first published June 15, 2026.

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