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

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

    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.

    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.

    The Canadian Press

    Share.

    Comments are closed.