Payoneer

Payoneer
Payoneer is a financial services provider that provides online money transfer and e-commerce payment services. Payoneer is a registered Member Service Provider of MasterCard worldwide.
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19.06.26. Nuvei Acquires Payoneer for $2.75B



Canadian company Nuvei, which provides a payment acceptance platform for businesses, is acquiring fintech provider Payoneer for $2.75 billion. Nuvei aims to create a cross-border infrastructure for financial transactions, combining its payment acceptance capabilities with Payoneer's cross-border payouts, multi-currency accounts, and banking network, as well as same-day and real-time settlements in more than 150 countries. A key component of this infrastructure is Payoneer's established regulatory framework in major jurisdictions around the world. Payoneer holds numerous licenses and permits, including a license to provide online payment services in mainland China and preliminary approval as a cross-border payment aggregator in India under the Reserve Bank of India's regulatory framework.