Nuvei, which is backed by private equity firms Advent International and Novacap alongside investor CDPQ, is in advanced discussions to acquire cross-border payments provider Payoneer in a deal valued at around $2.7bn, according to a report by Reuters.
The report cites unnamed people familiar with the matter as highlighting that the transaction, if completed, would combine Nuvei’s merchant acquiring and payments infrastructure with Payoneer’s established global payout network serving freelancers,...
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