Nuvei to acquire Payoneer for $2.75 billion in global payments expansion

AI Summary

Canadian payment technology firm Nuvei has agreed to acquire Payoneer, a cross-border payments company, for $2.75 billion in cash. The acquisition is part of Nuvei's strategy for global payments expansion.

Canadian payment technology company Nuvei has agreed to acquire cross-border payments firm Payoneer for approximately $2.75 billion in cash, according to a report by Reuters. The post Nuvei to acquire Payoneer for $2.75 billion in global payments expansion appeared first on Nairametrics.