NEW YORK: Canadian payments firm Nuvei is in advanced talks to acquire cross-border payments company Payoneer Global for about $2.7 billion, according to two people familiar with the matter.
The $2.7bn purchase price includes Payoneer’s cash, implying an enterprise value of about $2.3bn, the sources said.
Nuvei, backed by private equity firms Advent International, Novacap and Canadian investment group CDPQ, could sign a deal to acquire New York-based Payoneer in the coming days, the sources added.
The talks are ongoing and it’s possible the plans could change and a deal may not materialise, said the sources, who declined to be identified while discussing confidential information.
Published in Dawn, June 10th, 2026