Nuvei Acquires Payoneer for $2.75 Billion
Nuvei is acquiring Payoneer for $2.75 billion, a strategic move to compete with Stripe by owning the entire payment process, not just individual steps. The Canadian company will offer $7.40 per share in cash for Payoneer, a cross-border payments specialist listed on Nasdaq, in a deal approved by both boards of directors. This acquisition marks the end of Payoneer’s independent journey, as it was a "testament to its vibrant and bustling global landscape"…
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