Nuvei Corporation is buying Payoneer Global for $7.40 per share in an all-cash transaction valued at approximately $2.75 billion. The deal, which was finalized as a definitive agreement on June 15, 2026, merges two North American payments companies into a single entity that will serve more than 2.4 million customers worldwide.

The combined company is expected to generate around $3 billion in annual revenue while processing over $500 billion in payment volume each year.

Two payments players, one stablecoin thesis

Payoneer launched stablecoin capabilities with Bridge back in February 2026. The company has also been pursuing a bank charter for its PAYO-USD stablecoin.

Nuvei already supports stablecoin settlements and crypto payment acceptance. The company launched blockchain-based payment solutions targeting Latin America in 2025.