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.

What the deal structure tells us

The all-cash nature of this acquisition means Payoneer shareholders receive a clean exit at $7.40 per share. Combining merchant acquiring capabilities with Payoneer’s cross-border payout infrastructure eliminates redundancies in compliance, banking relationships, and technology stacks that both companies were maintaining separately.

Why crypto investors should pay attention

Payoneer’s pursuit of a bank charter for PAYO-USD is particularly telling. Obtaining a charter would give the stablecoin a regulatory legitimacy that most digital assets lack, potentially making it attractive for institutional use cases where compliance requirements have traditionally kept crypto at arm’s length.

The combined customer base exceeds 2.4 million, and both companies have actively integrated stablecoin technology into their core infrastructure. Stablecoin infrastructure is becoming a competitive differentiator in the payments industry, as companies offering near-instant cross-border settlement using stablecoins have a structural cost advantage over those relying solely on correspondent banking networks.