Nuvei to Buy Payoneer for $2.75B, Adds Stablecoin Settlement

Nuvei agreed to acquire all outstanding shares of Payoneer for $7.40 per share in cash, valuing Payoneer at about $2.75 billion. The deal, announced June 15, is expected to close in mid-2027 and remains subject to Payoneer shareholder approval, regulatory clearances and customary closing conditions.

At closing, the companies forecast the combined business will generate roughly $3 billion in annual revenue, process more than $500 billion in annual payment volume and serve over 2.4 million customers across more than 190 countries and territories.

The agreement explicitly includes stablecoin settlement as part of the combined payments stack. The companies did not disclose stablecoin-specific payment volumes or corridors and provided projections only for total processed volume.

Payoneer provides cross-border payments and financial services for businesses, marketplaces, contractors and sellers. Its offerings include cross-border payouts, multi-currency accounts, a banking network and same-day or real-time settlement in more than 150 markets. Payoneer holds regulatory permissions such as an online payment services license in mainland China and an in-principle authorisation in India under local rules.

Nuvei offers merchant acquiring, global payment acceptance, issuing, currency management, fraud and risk controls, bank transfers, real-time payments and crypto capabilities. The company supports roughly 150 currencies and provides tools for merchant acceptance and payment routing.

Corporate payments using token settlement still require identity checks, sanctions screening, foreign-exchange liquidity, local payout compliance, reconciliation and access to usable accounts. Those operational functions are part of the capabilities Payoneer and Nuvei bring to the combined platform.

Nuvei has participated in earlier token-settlement experiments. In 2023 it took part in pilots that used USDC on Solana and Ethereum for settlement between card and acquiring partners. In 2024 Nuvei launched a blockchain payment solution aimed at Latin American merchants that combined stablecoin settlement with existing card and payment infrastructure.

Other firms in payments have pursued similar strategies to link on-chain settlement with fiat rails. The Nuvei-Payoneer agreement places token-based settlement as one option inside a regulated payments platform that already manages merchant relationships, local approvals, fraud controls, foreign-exchange tools and payout networks.

Key next steps for the transaction include completing shareholder and regulatory approvals and providing post-close disclosures on how stablecoin volume, settlement corridors, merchant uptake and cost outcomes will be reported and routed.