Nuvei to value Payoneer at about $2.7 billion including debt in deal, sources say

Canadian payments firm Nuvei is in advanced talks to acquire cross-border payments company Payoneer Global for about $2.7 ‌billion, according ⁠to ⁠two people familiar with the matter.

The $2.7 ​billion purchase price includes Payoneer's cash, implying an ​enterprise value of about $2.3 billion, the sources said.

Nuvei, backed by private equity firms Advent International, Novacap ⁠and Canadian ‌investment group CDPQ, could sign a deal to acquire ⁠New York-based Payoneer in the coming days, the sources added.


The talks ​are ongoing and it's possible the plans could change and a deal may not materialize, said the sources, who declined to be ‌identified discussing confidential information. Nuvei and CDPQ did not immediately respond ​to requests ​for comment. ⁠Payoneer and Advent declined to comment.

A deal would combine Nuvei's business of helping ​merchants accept payments with Payoneer's networks for sending money to suppliers, freelancers and sellers.