
Nuvei acquired Payoneer for $2.75 billion, or $7.40 per share in cash. The combined company expects $3 billion in annual revenue, over $500 billion in payment volume, and 2.4 million customers across 190 countries. The deal positions Nuvei to compete with Stripe, valued at $91.5 billion.
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Summary by ByteBrief
Payoneer Surges on $2.7B Nuvei Acquisition Offer