Skip to navigationSkip to main contentSkip to right columnPeter LucasThu, June 11, 2026 at 12:16 PM GMT+2 4 min readThis story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. If Canadian payments processor Nuvei acquires Payoneer Global, it will bolster its business in cross-border payments and stablecoin disbursement, benefiting from a global regulatory structure for moving money.News that Nuvei was in advanced conversations about acquiring Payoneer for $2.7 billion was reported Tuesday by Reuters.“The acquisition is a bold move and looks set to create a real North American payments powerhouse,” Gilles Ubaghs, an executive advisor with the commercial banking and payments practice at Datos Insights, said by email. “The disbursements piece in particular is quite an interesting one that’s ripe for further growth as companies look to modernize their [business-to-business and business-to-consumer] payout capabilities beyond checks.”The deal would benefit Nuvei in two ways, according to Mark Palmer, a senior research analyst following fintech and digital assets for Benchmark, a StoneX company. First, an acquisition of New York-based Payoneer would enhance Nuvei’s ability to process payments for small and mid-sized businesses, especially e-commerce sellers and freelancers, across emerging markets within Southeast Asia and Latin America.Second, Montreal-based Nuvei would gain connectivity to leading online marketplaces, including Amazon.com, Fiverr, and eBay, which would make the processor more attractive to SMBs, Palmer said. Nuvei processes payments in more than 200 markets, acquires transactions locally in 52 markets, and supports 150 currencies and 720 alternative payment methods, according to the company’s website.When asked by email to comment on any acquisition talks, a Payoneer spokesperson said the company does not “comment on rumors or speculation.” A Nuvei spokesperson did not respond to requests for comment.One area where the two companies have synergy is the movement and conversion of stablecoins to spendable currency. Payoneer allows users to send, receive, hold, and convert stablecoins to fiat currencies through its platform. Nuvei offers on- and off-ramps for converting digital assets and stablecoins into fiat currencies.“Payoneer would provide Nuvei all the technology it would need to fill in the backend of stablecoin transactions,” Palmer says. “Nuvei would then have its own closed-loop payment network [that it could use as needed]”.While the reported acquisition price may look high on paper, it is often more cost effective for a processor to acquire a “proven technology stack than to build one itself, especially if it can expand its portfolio of customers in the process,” says Cliff Gray, a Chicago-based consultant at Gray Consulting Ventures.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info