Payoneer Sells to Nuvei for $2.75B in Bet on Unified Global Payments Infrastructure
Most businesses cobbling together cross-border payments are juggling five different tools to do what should be one job. Nuvei just paid $2.75B to fix that – snapping up Payoneer and its payout network across 190+ countries to build a single stack for accepting, holding, and moving money globally. The combined platform will process $500B+ in annual payment volume. The era of fragmented cross-border payments may finally have an expiration date.
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