Nuvei in talks to acquire Payoneer for 2.7 billion dollars

Canadian payments firm Nuvei is in advanced discussions to purchase cross-border specialist Payoneer Global for approximately 2.7 billion dollars. The deal would expand Nuvei's presence in emerging markets and provide access to major marketplace clients like Amazon and Walmart.

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Insights:

Nuvei is in advanced talks to acquire Payoneer Global for approximately $2.7 billion. The purchase price includes Payoneer's cash, implying an enterprise value of $2.3 billion for the cross-border payments specialist. The acquisition would expand Nuvei's reach into emerging markets and B2B payment segments.

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