Nuvei to Acquire Payoneer in $2.75B Deal to Expand Stablecoin Payments

Nuvei has agreed to acquire Payoneer for $2.75 billion in an all-cash deal, aiming to expand stablecoin payments and cross-border payouts. The Nasdaq-listed Payoneer will be valued at $7.40 per share. Both boards approved the transaction on June 15, and it is expected to close in mid-2027, pending shareholder and regulatory approvals. The combined platform is positioned as a single payments infrastructure across 150+ markets, supporting merchants and sellers tied to major digital commerce brands. The strategy centers on stablecoin payments, leveraging Payoneer’s multi-jurisdiction regulatory footprint to help enable stablecoin rails and platform-native financial products. Nuvei also plans to integrate treasury and foreign-exchange capabilities. Additional crypto-adjacent detail: Payoneer joined Kraken and BitGo as an optional distribution provider for eligible FTX creditors via the FTX Recovery Trust, using linked bank accounts and identity/tax onboarding through the claims portal. Trading takeaway: this is a traditional fintech M&A catalyst with potential medium-term relevance for stablecoin payments infrastructure, but it is not a direct token-specific driver.