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Source: Channel News Asia

Canada's Nuvei to Acquire Payoneer for $2.75 Billion

Canadian payment technology firm Nuvei is set to acquire Payoneer in a deal valued at $2.75 billion. This strategic acquisition aims to strengthen Nuvei's position and expand its offerings within the cross-border payments sector.

By Fainaron·Jun 15, 2026 (6 hours ago)·1 views
Canada's Nuvei to Acquire Payoneer for $2.75 Billion

Canadian payment technology company Nuvei plans to acquire Payoneer for $2.75 billion. This proposed transaction represents a significant strategic initiative for Nuvei, as it seeks to enhance its capabilities in the global financial technology landscape.

The acquisition is specifically aimed at bolstering Nuvei's footprint and services within the cross-border payments industry. This move is expected to expand the company's reach and offerings in this growing sector.

(Source: Channel News Asia)

#nuvei#payoneer#acquisition#cross-border payments#fintech#canada
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Channel News Asia. Read the original at Channel News Asia →

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