Nuvei in talks to buy Payoneer for $2.7 billion

Canadian payments processor Nuvei is reportedly in advanced discussions to acquire cross-border payment specialist Payoneer for approximately $2.7 billion. The proposed deal, which could be finalized in the coming days, values Payoneer at an enterprise level of around $2.3 billion, factoring in cash. This potential acquisition signals a significant move in the global payments landscape, as Nuvei seeks to expand its international reach and service offerings by integrating Payoneer's established network and capabilities. The transaction would represent a major consolidation within the fintech sector, enhancing competitive dynamics for businesses operating across borders.