Nuvei snaps up Payoneer for all cash, picking up real-time settlement networks across more than 150 markets—deal won’t close until mid-2027. Tough times for regulatory approval, huh.

CryptoWorld News reports that Nuvei announced the acquisition of the stablecoin payment platform Payoneer for $2.75 billion. This all-cash deal aims to strengthen its financial infrastructure business. According to a joint announcement by both parties on June 15, Nuvei will purchase all unissued Payoneer shares at $7.40 per share, valuing the company at approximately $2.75 billion. The boards of both companies have approved the transaction, which is expected to be completed by mid-2027, pending approval from shareholders and regulators. This acquisition will enable Nuvei to offer a more comprehensive platform for payment acceptance, fund transfers, card issuance, and foreign exchange management. Payoneer operates in over 150 markets, providing real-time settlement capabilities and a mature banking and payments network.