{"success":true,"data":{"pressRelease":{"id":"63656","rtpr_id":"nPn6h580pa","ticker":"PAYO","exchange":"NASDAQ","all_tickers":["PAYO"],"title":"Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform for Local and Cross-Border Commerce","author":"PR Newswire","published_at":"2026-06-15T12:04:03.360Z","article_body":"Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform for Local and Cross-Border Commerce\n\nPR Newswire\n\nMONTREAL and NEW YORK, June 15, 2026\n\n * The combined company will give businesses a single partner to accept, hold,\nand move money – including stablecoin transactions – across 190+ countries\nand territories\n * At close, the combined company is expected to generate approximately $3\nbillion in annual revenue and process more than $500 billion in annual payment\nvolume for more than 2.4 million customers\nMONTREAL and NEW YORK, June 15, 2026 /PRNewswire/ -- Nuvei\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=3077092501&u=https%3A%2F%2Fwww.nuvei.com%2F&a=Nuvei)\nand Payoneer\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=1063551456&u=https%3A%2F%2Fwww.payoneer.com%2F&a=Payoneer)\n(Nasdaq: PAYO) today announced they have entered into a definitive agreement\nunder which Nuvei will acquire Payoneer. Under the terms of the agreement,\nNuvei will acquire all of the issued and outstanding shares of common stock of\nPayoneer Global Inc. for $7.40 per share in cash, representing a total\ntransaction equity value of approximately $2.75 billion.\n\n\"The acquisition of Payoneer marks a defining step in Nuvei's evolution into a\nglobal financial infrastructure leader,\" said Phil Fayer, Chairman and Chief\nExecutive Officer of Nuvei. \"By combining complementary capabilities, we can\noffer businesses a more complete platform to accept payments, send funds,\nissue cards, manage treasury and FX needs, and access embedded financial\nservices – at scale.\"\n\nAs commerce becomes more complex across local and cross-border markets,\nbusinesses need infrastructure that can support the full transaction\nlifecycle. This transaction directly addresses that need by combining Nuvei's\nleading payment acceptance capabilities with Payoneer's cross-border payouts,\nmulti-currency accounts and banking network, along with same-day and real-time\nsettlement in more than 150 markets.\n\nTogether, the companies create an always-on, unified financial infrastructure\nbuilt on trusted rails, supporting customers that do business across the\nworld's leading digital commerce platforms, including Amazon, eBay, Walmart,\nAirbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce.\n\nA key component of this infrastructure is Payoneer's established regulatory\nfootprint across major jurisdictions around the world. Payoneer holds multiple\nlicenses and authorizations, including licensing for online payment services\nin mainland China and authorization in principle as a cross-border payment\naggregator in India under the Reserve Bank of India's regulatory framework.\n\nThe transaction also strengthens Nuvei's ability to support emerging financial\nmodels, including agentic commerce, stablecoin payments, and platform-native\nfinancial services. These capabilities are expected to help businesses move\nfunds more seamlessly across payment types, settlement networks, and\njurisdictions.\n\n\"For two decades, Payoneer has earned the trust of millions of businesses in\nmarkets where trust takes years to build,\" said John Caplan, Chief Executive\nOfficer of Payoneer. \"We have transformed our business with extraordinary\nresults, and our combination with Nuvei will extend what we can offer\ncustomers. Together, we will reach more businesses, in more markets, with a\nmore complete platform.\"\n\nTransaction Details\n\nThe transaction has been approved by the Boards of Directors at Nuvei and\nPayoneer.\n\nThe transaction is expected to close in mid-2027, subject to approval by\nPayoneer's shareholders, receipt of required regulatory approvals, and other\ncustomary closing conditions.\n\nGoldman Sachs & Co. LLC is serving as lead financial advisor to Nuvei.\nBarclays Capital Inc. has also provided financial advice to Nuvei. Simpson\nThacher & Bartlett LLP and Stikeman Elliott LLP are serving as legal\ncounsel to Nuvei. Qatalyst Partners is serving as exclusive financial advisor\nto Payoneer. Davis Polk & Wardwell LLP is serving as legal counsel to\nPayoneer.\n\nBMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo are\nproviding committed financing in connection with the transaction.\n\nAbout Nuvei\n\nNuvei is building the infrastructure for every payment, everywhere. Its\nmodular, flexible, and scalable technology enables leading companies to accept\nnext-generation payments, offer all payout options, and benefit from card\nissuing, risk, and fraud management services. Connecting businesses to their\ncustomers in 190+ countries, with local acquiring in 52 markets, 150\ncurrencies, and over 720 alternative payment methods, Nuvei provides the\ntechnology and insights that help customers and partners succeed locally and\nglobally. For more information, visit www.nuvei.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=4175324354&u=http%3A%2F%2Fwww.nuvei.com%2F&a=www.nuvei.com)\n.\n\nAbout Payoneer\n\nPayoneer (Nasdaq: PAYO) is the financial platform for cross-border business\nand global payments. Payoneer empowers millions of businesses with the\nfinancial tools and services they need to grow and transact globally with\nconfidence. Payoneer makes it easier for businesses, particularly in emerging\nmarkets, to connect to the global economy, pay and get paid across borders,\nmanage their funds across multiple currencies, and grow their businesses.\n\nCautionary Statement Regarding Forward-Looking Statements\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995 (the \"Act\"). Except for\nhistorical information contained in this press release, the matters discussed\nherein contain forward-looking statements that involve risks and\nuncertainties. Such statements are provided under the \"safe harbor\" protection\nof the Act. In some cases, you can identify forward-looking statements because\nthey contain words such as \"may,\" \"will,\" \"shall,\" \"should,\" \"expects,\"\n\"plans,\" \"positioning,\" \"anticipates,\" \"could,\" \"intends,\" \"target,\"\n\"projects,\" \"contemplates,\" \"believes,\" \"estimates,\" \"predicts,\" \"potential\"\nor \"continue\" or the negative of these words or other similar terms or\nexpressions that concern our expectations, strategy, plans or intentions.\nForward-looking statements include, but are not limited to, statements about\ntransition and the impact of recent changes to our executive management team;\nstatements regarding the expectations of demand for our products and cash flow\ngeneration; statements about improvements to and expansion of our products\nand platform, and launching new products; statements about future operating\nresults, including revenue, volume, growth opportunities, variability of\nexpenses, ability to realize efficiencies, future spending and incremental\ninvestments, business trends, our ability to deliver profits, and growth and\nvalue for shareholders; and assumptions regarding foreign exchange rates.\n\nForward-looking statements by their nature address matters that are, to\ndifferent degrees, uncertain, such as statements regarding the transactions\n(the \"Transaction\") contemplated by the Agreement and Plan of Merger, dated as\nof June 12, 2026, by and among Payoneer Global Inc. (the \"Company\"), Neon\nMaple Parent Inc. (\"Nuvei\") and Panda Acquisition Sub Inc. (the \"Merger\nAgreement\"), including the expected time period to consummate the Transaction.\nAll such forward-looking statements are based upon current plans, estimates,\nexpectations and ambitions that are subject to risks, uncertainties and\nassumptions, many of which are beyond the control of the Company, that could\ncause actual results to differ materially from those expressed in such\nforward-looking statements. Key factors that could cause actual results to\ndiffer materially include, but are not limited to, the expected timing and\nlikelihood of completion of the Transaction, including the timing, receipt and\nterms and conditions of any required governmental and regulatory approvals of\nthe Transaction; the occurrence of any event, change or other circumstances\nthat could give rise to the termination of the Merger Agreement; the\npossibility that the Company's stockholders may not approve the Transaction;\nthe risk that the parties may not be able to satisfy the conditions to the\nTransaction in a timely manner or at all; risks related to disruption of\nmanagement time from ongoing business operations due to the Transaction; the\nrisk that any announcements relating to the Transaction could have adverse\neffects on the market price of the Company's common stock; the risk that the\nTransaction and its announcement could have an adverse effect on the parties'\nbusiness relationships and business generally, including the ability of the\nCompany to retain customers and retain and hire key personnel and maintain\nrelationships with their suppliers and customers, and on their operating\nresults and businesses generally; the risk of unforeseen or unknown\nliabilities; customer, stockholder, partner, regulatory and other stakeholder\napprovals and support; the risk of unexpected future capital expenditures;\nthe risk of potential litigation relating to the Transaction that could be\ninstituted against the Company or its directors and/or officers; the risk\nassociated with third party contracts containing material consent,\nanti-assignment, transfer or other provisions that may be related to the\nTransaction which are not waived or otherwise satisfactorily resolved; the\nrisk of various events that could disrupt operations, including severe\nweather, such as droughts, floods, avalanches and earthquakes, cybersecurity\nattacks, wars, security threats and governmental response to them, and\ntechnological changes; the risks of labor disputes, changes in labor costs\nand labor difficulties; and the risks resulting from other effects of\nindustry, market, economic, legal or legislative, political or regulatory\nconditions outside of the Company's control. All such factors are difficult to\npredict and are beyond our control, including those detailed in the Company's\nannual report on Form 10-K for the fiscal year ended December 31, 2025 (and\nwhich is available at:\nhttps://www.sec.gov/Archives/edgar/data/1845815/000110465926020487/payo-20251231x10k.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=4220356870&u=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F1845815%2F000110465926020487%2Fpayo-20251231x10k.htm&a=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F1845815%2F000110465926020487%2Fpayo-20251231x10k.htm)\n, quarterly reports on Form 10-Q and other documents subsequently filed by the\nCompany with the Securities Exchange Commission (\"SEC\") and that are available\nat\nhttps://www.sec.gov/edgar/search/#/ciks=0001845815&entityName=Payoneer%2520Global%2520Inc.%2520(PAYO)%2520(CIK%25200001845815\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=2111424220&u=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fsearch%2F%23%2Fciks%3D0001845815%26entityName%3DPayoneer%252520Global%252520Inc.%252520(PAYO)%252520(CIK%2525200001845815&a=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fsearch%2F%23%2Fciks%3D0001845815%26entityName%3DPayoneer%252520Global%252520Inc.%252520(PAYO)%252520(CIK%2525200001845815)\n\nThe Company's forward-looking statements are based on assumptions that the\nCompany believes to be reasonable but that may not prove to be accurate. Other\nunpredictable or unknown factors not discussed in this communication could\nalso have material adverse effects on forward-looking statements. The Company\ndoes not assume an obligation to update any forward-looking statements, except\nas required by applicable law. These forward-looking statements speak only as\nof the date hereof.\n\nAdditional Information and Where to Find It\nIn connection with the Transaction, the Company will file with the SEC a proxy\nstatement on Schedule 14A. The definitive proxy statement will be sent to the\nstockholders of the Company seeking their approval of the Transaction and\nother related matters. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE\nPROXY STATEMENT ON SCHEDULE 14A WHEN IT BECOMES AVAILABLE, AS WELL AS ANY\nOTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION\nOR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT, BECAUSE THEY WILL\nCONTAIN IMPORTANT INFORMATION REGARDING THE COMPANY, THE TRANSACTION AND\nRELATED MATTERS. Investors and security holders may obtain free copies of\nthese documents, including the proxy statement, and other documents filed with\nthe SEC by the Company through the website maintained by the SEC at\nhttps://www.sec.gov/edgar/browse/?CIK=1845815&owner=exclude\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=591124703&u=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fbrowse%2F%3FCIK%3D1845815%26owner%3Dexclude&a=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fbrowse%2F%3FCIK%3D1845815%26owner%3Dexclude)\n.\n\nCopies of documents filed with the SEC by the Company will be made available\nfree of charge by accessing the Company's website at\nhttps://investor.payoneer.com/financials/sec-filings\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=3539420273&u=https%3A%2F%2Finvestor.payoneer.com%2Ffinancials%2Fsec-filings&a=https%3A%2F%2Finvestor.payoneer.com%2Ffinancials%2Fsec-filings)\n.\n\nParticipants in the Solicitation\nThe Company, Nuvei and their respective directors and executive officers may\nbe deemed to be participants in the solicitation of proxies from the\nstockholders of the Company in connection with the Transaction under the rules\nof the SEC. Information about the interests of the directors and executive\nofficers of the Company and other persons who may be deemed to be participants\nin the solicitation of stockholders of the Company in connection with the\nTransaction and a description of their direct and indirect interests, by\nsecurity holdings or otherwise, will be included in the proxy statement\nrelated to the Transaction, which will be filed with the SEC. Information\nabout the directors and executive officers of the Company and their ownership\nof the Company common stock is also set forth in the Company's definitive\nproxy statement in connection with its 2026 Annual Meeting of Stockholders, as\nfiled with the SEC on April 27, 2026 (and which is available at\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=2148676877&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm)\nand in the Company's Annual Report on Form 10-K for the fiscal year ended\nDecember 31, 2025 (and which is available at\n\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=66696539&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm)\n. Information about the directors and executive officers of the Company, their\nownership of the Company common stock, and the Company's transactions with\nrelated persons is set forth in the sections entitled \"Directors, Executive\nOfficers and Corporate Governance,\" \"Security Ownership of Certain Beneficial\nOwners and Management and Related Stockholder Matters,\" and \"Certain\nRelationships and Related Transactions, and Director Independence\" included in\nthe Company's annual report on Form 10-K for the fiscal year ended December\n31, 2025, which was filed with the SEC on February 26, 2026 (and which is\navailable at\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=66696539&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm)\n, and in the sections entitled \"Information Regarding the Board of Directors\nand Corporate Governance,\" \"Security Ownership of Certain Beneficial Owners\nand Management,\" \"Certain Relationships and Related Party Transactions,\" and\n\"Independence of the Board of Directors\" included in the Company's definitive\nproxy statement in connection with its 2026 Annual Meeting of Stockholders, as\nfiled with the SEC on April 27, 2026 (and which is available at\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=2148676877&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm)\n. Additional information regarding the interests of such participants in the\nsolicitation of proxies in respect of the Transaction will be included in the\nproxy statement and other relevant materials to be filed with the SEC when\nthey become available. These documents can be obtained free of charge from the\nSEC's website at www.sec.gov\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=1728418059&u=http%3A%2F%2Fwww.sec.gov%2F&a=www.sec.gov)\n.\n\nNo Offer or Solicitation\nThis press release is not intended to and shall not constitute an offer to\nsell or the solicitation of an offer to sell or the solicitation of an offer\nto buy any securities or the solicitation of any vote of approval, nor shall\nthere be any sale of securities in any jurisdiction in which such offer,\nsolicitation or sale would be unlawful prior to registration or qualification\nunder the securities laws of any such jurisdiction. No offer of securities\nshall be made except by means of a prospectus meeting the requirements of\nSection 10 of the Securities Act of 1933, as amended.\n\nContacts\n\nMedia Relations:\n\nJeremiah Glodoveza\njeremiah.glodoveza@nuvei.com (mailto:jeremiah.glodoveza@nuvei.com)\n\nAngela Sullivan\nangelasul@payoneer.com (mailto:angelasul@payoneer.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-local-and-cross-border-commerce-302800166.html\n(https://www.prnewswire.com/news-releases/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-local-and-cross-border-commerce-302800166.html)\n\nSOURCE Nuvei\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1865539/Phil_Fayer.jpg?id=OA2716408\nhttps://mmx.prnewswire.com/media/MS1865540/Nuvei_x_Payoneer_logo_lockup.jpg?id=OA2716409\nhttps://mmx.prnewswire.com/media/MS1496100/Nuvei-logo_Logo.jpg?id=OA2716386\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn6h580pa","title":"Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform for Local and Cross-Border Commerce","author":"PR Newswire","ticker":"PAYO","created":"2026-06-15T12:04:03.360Z","tickers":["PAYO"],"exchange":"NASDAQ","article_body":"Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform for Local and Cross-Border Commerce\n\nPR Newswire\n\nMONTREAL and NEW YORK, June 15, 2026\n\n * The combined company will give businesses a single partner to accept, hold,\nand move money – including stablecoin transactions – across 190+ countries\nand territories\n * At close, the combined company is expected to generate approximately $3\nbillion in annual revenue and process more than $500 billion in annual payment\nvolume for more than 2.4 million customers\nMONTREAL and NEW YORK, June 15, 2026 /PRNewswire/ -- Nuvei\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=3077092501&u=https%3A%2F%2Fwww.nuvei.com%2F&a=Nuvei)\nand Payoneer\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=1063551456&u=https%3A%2F%2Fwww.payoneer.com%2F&a=Payoneer)\n(Nasdaq: PAYO) today announced they have entered into a definitive agreement\nunder which Nuvei will acquire Payoneer. Under the terms of the agreement,\nNuvei will acquire all of the issued and outstanding shares of common stock of\nPayoneer Global Inc. for $7.40 per share in cash, representing a total\ntransaction equity value of approximately $2.75 billion.\n\n\"The acquisition of Payoneer marks a defining step in Nuvei's evolution into a\nglobal financial infrastructure leader,\" said Phil Fayer, Chairman and Chief\nExecutive Officer of Nuvei. \"By combining complementary capabilities, we can\noffer businesses a more complete platform to accept payments, send funds,\nissue cards, manage treasury and FX needs, and access embedded financial\nservices – at scale.\"\n\nAs commerce becomes more complex across local and cross-border markets,\nbusinesses need infrastructure that can support the full transaction\nlifecycle. This transaction directly addresses that need by combining Nuvei's\nleading payment acceptance capabilities with Payoneer's cross-border payouts,\nmulti-currency accounts and banking network, along with same-day and real-time\nsettlement in more than 150 markets.\n\nTogether, the companies create an always-on, unified financial infrastructure\nbuilt on trusted rails, supporting customers that do business across the\nworld's leading digital commerce platforms, including Amazon, eBay, Walmart,\nAirbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce.\n\nA key component of this infrastructure is Payoneer's established regulatory\nfootprint across major jurisdictions around the world. Payoneer holds multiple\nlicenses and authorizations, including licensing for online payment services\nin mainland China and authorization in principle as a cross-border payment\naggregator in India under the Reserve Bank of India's regulatory framework.\n\nThe transaction also strengthens Nuvei's ability to support emerging financial\nmodels, including agentic commerce, stablecoin payments, and platform-native\nfinancial services. These capabilities are expected to help businesses move\nfunds more seamlessly across payment types, settlement networks, and\njurisdictions.\n\n\"For two decades, Payoneer has earned the trust of millions of businesses in\nmarkets where trust takes years to build,\" said John Caplan, Chief Executive\nOfficer of Payoneer. \"We have transformed our business with extraordinary\nresults, and our combination with Nuvei will extend what we can offer\ncustomers. Together, we will reach more businesses, in more markets, with a\nmore complete platform.\"\n\nTransaction Details\n\nThe transaction has been approved by the Boards of Directors at Nuvei and\nPayoneer.\n\nThe transaction is expected to close in mid-2027, subject to approval by\nPayoneer's shareholders, receipt of required regulatory approvals, and other\ncustomary closing conditions.\n\nGoldman Sachs & Co. LLC is serving as lead financial advisor to Nuvei.\nBarclays Capital Inc. has also provided financial advice to Nuvei. Simpson\nThacher & Bartlett LLP and Stikeman Elliott LLP are serving as legal\ncounsel to Nuvei. Qatalyst Partners is serving as exclusive financial advisor\nto Payoneer. Davis Polk & Wardwell LLP is serving as legal counsel to\nPayoneer.\n\nBMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo are\nproviding committed financing in connection with the transaction.\n\nAbout Nuvei\n\nNuvei is building the infrastructure for every payment, everywhere. Its\nmodular, flexible, and scalable technology enables leading companies to accept\nnext-generation payments, offer all payout options, and benefit from card\nissuing, risk, and fraud management services. Connecting businesses to their\ncustomers in 190+ countries, with local acquiring in 52 markets, 150\ncurrencies, and over 720 alternative payment methods, Nuvei provides the\ntechnology and insights that help customers and partners succeed locally and\nglobally. For more information, visit www.nuvei.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=4175324354&u=http%3A%2F%2Fwww.nuvei.com%2F&a=www.nuvei.com)\n.\n\nAbout Payoneer\n\nPayoneer (Nasdaq: PAYO) is the financial platform for cross-border business\nand global payments. Payoneer empowers millions of businesses with the\nfinancial tools and services they need to grow and transact globally with\nconfidence. Payoneer makes it easier for businesses, particularly in emerging\nmarkets, to connect to the global economy, pay and get paid across borders,\nmanage their funds across multiple currencies, and grow their businesses.\n\nCautionary Statement Regarding Forward-Looking Statements\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995 (the \"Act\"). Except for\nhistorical information contained in this press release, the matters discussed\nherein contain forward-looking statements that involve risks and\nuncertainties. Such statements are provided under the \"safe harbor\" protection\nof the Act. In some cases, you can identify forward-looking statements because\nthey contain words such as \"may,\" \"will,\" \"shall,\" \"should,\" \"expects,\"\n\"plans,\" \"positioning,\" \"anticipates,\" \"could,\" \"intends,\" \"target,\"\n\"projects,\" \"contemplates,\" \"believes,\" \"estimates,\" \"predicts,\" \"potential\"\nor \"continue\" or the negative of these words or other similar terms or\nexpressions that concern our expectations, strategy, plans or intentions.\nForward-looking statements include, but are not limited to, statements about\ntransition and the impact of recent changes to our executive management team;\nstatements regarding the expectations of demand for our products and cash flow\ngeneration; statements about improvements to and expansion of our products\nand platform, and launching new products; statements about future operating\nresults, including revenue, volume, growth opportunities, variability of\nexpenses, ability to realize efficiencies, future spending and incremental\ninvestments, business trends, our ability to deliver profits, and growth and\nvalue for shareholders; and assumptions regarding foreign exchange rates.\n\nForward-looking statements by their nature address matters that are, to\ndifferent degrees, uncertain, such as statements regarding the transactions\n(the \"Transaction\") contemplated by the Agreement and Plan of Merger, dated as\nof June 12, 2026, by and among Payoneer Global Inc. (the \"Company\"), Neon\nMaple Parent Inc. (\"Nuvei\") and Panda Acquisition Sub Inc. (the \"Merger\nAgreement\"), including the expected time period to consummate the Transaction.\nAll such forward-looking statements are based upon current plans, estimates,\nexpectations and ambitions that are subject to risks, uncertainties and\nassumptions, many of which are beyond the control of the Company, that could\ncause actual results to differ materially from those expressed in such\nforward-looking statements. Key factors that could cause actual results to\ndiffer materially include, but are not limited to, the expected timing and\nlikelihood of completion of the Transaction, including the timing, receipt and\nterms and conditions of any required governmental and regulatory approvals of\nthe Transaction; the occurrence of any event, change or other circumstances\nthat could give rise to the termination of the Merger Agreement; the\npossibility that the Company's stockholders may not approve the Transaction;\nthe risk that the parties may not be able to satisfy the conditions to the\nTransaction in a timely manner or at all; risks related to disruption of\nmanagement time from ongoing business operations due to the Transaction; the\nrisk that any announcements relating to the Transaction could have adverse\neffects on the market price of the Company's common stock; the risk that the\nTransaction and its announcement could have an adverse effect on the parties'\nbusiness relationships and business generally, including the ability of the\nCompany to retain customers and retain and hire key personnel and maintain\nrelationships with their suppliers and customers, and on their operating\nresults and businesses generally; the risk of unforeseen or unknown\nliabilities; customer, stockholder, partner, regulatory and other stakeholder\napprovals and support; the risk of unexpected future capital expenditures;\nthe risk of potential litigation relating to the Transaction that could be\ninstituted against the Company or its directors and/or officers; the risk\nassociated with third party contracts containing material consent,\nanti-assignment, transfer or other provisions that may be related to the\nTransaction which are not waived or otherwise satisfactorily resolved; the\nrisk of various events that could disrupt operations, including severe\nweather, such as droughts, floods, avalanches and earthquakes, cybersecurity\nattacks, wars, security threats and governmental response to them, and\ntechnological changes; the risks of labor disputes, changes in labor costs\nand labor difficulties; and the risks resulting from other effects of\nindustry, market, economic, legal or legislative, political or regulatory\nconditions outside of the Company's control. All such factors are difficult to\npredict and are beyond our control, including those detailed in the Company's\nannual report on Form 10-K for the fiscal year ended December 31, 2025 (and\nwhich is available at:\nhttps://www.sec.gov/Archives/edgar/data/1845815/000110465926020487/payo-20251231x10k.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=4220356870&u=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F1845815%2F000110465926020487%2Fpayo-20251231x10k.htm&a=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F1845815%2F000110465926020487%2Fpayo-20251231x10k.htm)\n, quarterly reports on Form 10-Q and other documents subsequently filed by the\nCompany with the Securities Exchange Commission (\"SEC\") and that are available\nat\nhttps://www.sec.gov/edgar/search/#/ciks=0001845815&entityName=Payoneer%2520Global%2520Inc.%2520(PAYO)%2520(CIK%25200001845815\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=2111424220&u=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fsearch%2F%23%2Fciks%3D0001845815%26entityName%3DPayoneer%252520Global%252520Inc.%252520(PAYO)%252520(CIK%2525200001845815&a=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fsearch%2F%23%2Fciks%3D0001845815%26entityName%3DPayoneer%252520Global%252520Inc.%252520(PAYO)%252520(CIK%2525200001845815)\n\nThe Company's forward-looking statements are based on assumptions that the\nCompany believes to be reasonable but that may not prove to be accurate. Other\nunpredictable or unknown factors not discussed in this communication could\nalso have material adverse effects on forward-looking statements. The Company\ndoes not assume an obligation to update any forward-looking statements, except\nas required by applicable law. These forward-looking statements speak only as\nof the date hereof.\n\nAdditional Information and Where to Find It\nIn connection with the Transaction, the Company will file with the SEC a proxy\nstatement on Schedule 14A. The definitive proxy statement will be sent to the\nstockholders of the Company seeking their approval of the Transaction and\nother related matters. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE\nPROXY STATEMENT ON SCHEDULE 14A WHEN IT BECOMES AVAILABLE, AS WELL AS ANY\nOTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION\nOR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT, BECAUSE THEY WILL\nCONTAIN IMPORTANT INFORMATION REGARDING THE COMPANY, THE TRANSACTION AND\nRELATED MATTERS. Investors and security holders may obtain free copies of\nthese documents, including the proxy statement, and other documents filed with\nthe SEC by the Company through the website maintained by the SEC at\nhttps://www.sec.gov/edgar/browse/?CIK=1845815&owner=exclude\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=591124703&u=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fbrowse%2F%3FCIK%3D1845815%26owner%3Dexclude&a=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fbrowse%2F%3FCIK%3D1845815%26owner%3Dexclude)\n.\n\nCopies of documents filed with the SEC by the Company will be made available\nfree of charge by accessing the Company's website at\nhttps://investor.payoneer.com/financials/sec-filings\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=3539420273&u=https%3A%2F%2Finvestor.payoneer.com%2Ffinancials%2Fsec-filings&a=https%3A%2F%2Finvestor.payoneer.com%2Ffinancials%2Fsec-filings)\n.\n\nParticipants in the Solicitation\nThe Company, Nuvei and their respective directors and executive officers may\nbe deemed to be participants in the solicitation of proxies from the\nstockholders of the Company in connection with the Transaction under the rules\nof the SEC. Information about the interests of the directors and executive\nofficers of the Company and other persons who may be deemed to be participants\nin the solicitation of stockholders of the Company in connection with the\nTransaction and a description of their direct and indirect interests, by\nsecurity holdings or otherwise, will be included in the proxy statement\nrelated to the Transaction, which will be filed with the SEC. Information\nabout the directors and executive officers of the Company and their ownership\nof the Company common stock is also set forth in the Company's definitive\nproxy statement in connection with its 2026 Annual Meeting of Stockholders, as\nfiled with the SEC on April 27, 2026 (and which is available at\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=2148676877&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm)\nand in the Company's Annual Report on Form 10-K for the fiscal year ended\nDecember 31, 2025 (and which is available at\n\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=66696539&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm)\n. Information about the directors and executive officers of the Company, their\nownership of the Company common stock, and the Company's transactions with\nrelated persons is set forth in the sections entitled \"Directors, Executive\nOfficers and Corporate Governance,\" \"Security Ownership of Certain Beneficial\nOwners and Management and Related Stockholder Matters,\" and \"Certain\nRelationships and Related Transactions, and Director Independence\" included in\nthe Company's annual report on Form 10-K for the fiscal year ended December\n31, 2025, which was filed with the SEC on February 26, 2026 (and which is\navailable at\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=66696539&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926020487%2Fpayo-20251231x10k.htm)\n, and in the sections entitled \"Information Regarding the Board of Directors\nand Corporate Governance,\" \"Security Ownership of Certain Beneficial Owners\nand Management,\" \"Certain Relationships and Related Party Transactions,\" and\n\"Independence of the Board of Directors\" included in the Company's definitive\nproxy statement in connection with its 2026 Annual Meeting of Stockholders, as\nfiled with the SEC on April 27, 2026 (and which is available at\nhttps://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=2148676877&u=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm&a=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0001845815%2F000110465926049462%2Ftm261500-1_def14a.htm)\n. Additional information regarding the interests of such participants in the\nsolicitation of proxies in respect of the Transaction will be included in the\nproxy statement and other relevant materials to be filed with the SEC when\nthey become available. These documents can be obtained free of charge from the\nSEC's website at www.sec.gov\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4711301-1&h=1728418059&u=http%3A%2F%2Fwww.sec.gov%2F&a=www.sec.gov)\n.\n\nNo Offer or Solicitation\nThis press release is not intended to and shall not constitute an offer to\nsell or the solicitation of an offer to sell or the solicitation of an offer\nto buy any securities or the solicitation of any vote of approval, nor shall\nthere be any sale of securities in any jurisdiction in which such offer,\nsolicitation or sale would be unlawful prior to registration or qualification\nunder the securities laws of any such jurisdiction. No offer of securities\nshall be made except by means of a prospectus meeting the requirements of\nSection 10 of the Securities Act of 1933, as amended.\n\nContacts\n\nMedia Relations:\n\nJeremiah Glodoveza\njeremiah.glodoveza@nuvei.com (mailto:jeremiah.glodoveza@nuvei.com)\n\nAngela Sullivan\nangelasul@payoneer.com (mailto:angelasul@payoneer.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-local-and-cross-border-commerce-302800166.html\n(https://www.prnewswire.com/news-releases/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-local-and-cross-border-commerce-302800166.html)\n\nSOURCE Nuvei\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1865539/Phil_Fayer.jpg?id=OA2716408\nhttps://mmx.prnewswire.com/media/MS1865540/Nuvei_x_Payoneer_logo_lockup.jpg?id=OA2716409\nhttps://mmx.prnewswire.com/media/MS1496100/Nuvei-logo_Logo.jpg?id=OA2716386\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-06-15T12:04:03.400065657Z","server_sent_at_ms":1781525043400},"received_at":"2026-06-15T12:04:03.585Z","source_url":"https://www.prnewswire.com/news-releases/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-local-and-cross-border-commerce-302800166.html"},"analysis":{"id":"53079","press_release_id":"63656","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"m_and_a","narrative":"Payoneer has entered a definitive agreement to be acquired by Nuvei for $7.40 per share in cash, totaling approximately $2.75 billion in equity value.\n\nThe combined entity is projected to generate $3 billion in annual revenue and process over $500 billion in payment volume for more than 2.4 million customers.\n\nThe deal is expected to close in mid-2027, subject to shareholder approval and regulatory clearances, with financing committed by major banks including BMO, RBC, UBS, and Wells Fargo.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Payoneer sold to Nuvei for $2.75B in a strategic M&A deal creating a global payments leader."},"keyFigures":{"dealValueUsd":2750000000,"offeringPrice":7.4,"customDimensions":{"combined_annual_revenue":3000000000,"combined_customer_count":2400000,"combined_annual_payment_volume":500000000000}},"quotedText":"The acquisition of Payoneer marks a defining step in Nuvei's evolution into a global financial infrastructure leader","namedEntities":{"people":[{"name":"Phil Fayer","role":"Chairman and CEO of Nuvei"},{"name":"John Caplan","role":"CEO of Payoneer"}],"products":[],"companies":[{"name":"Nuvei","relationship":"acquirer"},{"name":"Payoneer","ticker":"PAYO","relationship":"target"},{"name":"Goldman Sachs & Co. LLC","relationship":"financial advisor to Nuvei"},{"name":"Barclays Capital Inc.","relationship":"financial advisor to Nuvei"},{"name":"Qatalyst Partners","relationship":"financial advisor to Payoneer"},{"name":"BMO Capital Markets","relationship":"financing provider"},{"name":"RBC Capital Markets","relationship":"financing provider"},{"name":"UBS","relationship":"financing provider"},{"name":"Wells Fargo","relationship":"financing provider"}],"dollarAmounts":[{"amount":"$2.75 billion","context":"total transaction equity value"},{"amount":"$7.40","context":"per-share cash price"},{"amount":"$3 billion","context":"expected combined annual revenue"},{"amount":"$500 billion","context":"expected combined annual payment volume"}]},"materialImpact":{"score":5,"reasoning":"Definitive agreement for acquisition by Nuvei at $7.40/share, representing a significant premium and total equity value of $2.75 billion. This is a binary, market-moving M&A event for the filer."},"tickerRelevance":{"others":[],"primary":"PAYO"},"globalImportance":65,"audienceRelevance":55,"eventTypeSecondary":[],"importanceComponents":{"dealSize":"$2.75B","tickerTier":"mid-cap","eventGravity":"m_and_a","sectorWeight":"high","householdBrandBoost":"moderate"}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":5,"narrative":"Payoneer has entered a definitive agreement to be acquired by Nuvei for $7.40 per share in cash, totaling approximately $2.75 billion in equity value.\n\nThe combined entity is projected to generate $3 billion in annual revenue and process over $500 billion in payment volume for more than 2.4 million customers.\n\nThe deal is expected to close in mid-2027, subject to shareholder approval and regulatory clearances, with financing committed by major banks including BMO, RBC, UBS, and Wells Fargo.","key_figures":{"dealValueUsd":2750000000,"offeringPrice":7.4,"customDimensions":{"combined_annual_revenue":3000000000,"combined_customer_count":2400000,"combined_annual_payment_volume":500000000000}},"named_entities":{"people":[{"name":"Phil Fayer","role":"Chairman and CEO of Nuvei"},{"name":"John Caplan","role":"CEO of Payoneer"}],"products":[],"companies":[{"name":"Nuvei","relationship":"acquirer"},{"name":"Payoneer","ticker":"PAYO","relationship":"target"},{"name":"Goldman Sachs & Co. LLC","relationship":"financial advisor to Nuvei"},{"name":"Barclays Capital Inc.","relationship":"financial advisor to Nuvei"},{"name":"Qatalyst Partners","relationship":"financial advisor to Payoneer"},{"name":"BMO Capital Markets","relationship":"financing provider"},{"name":"RBC Capital Markets","relationship":"financing provider"},{"name":"UBS","relationship":"financing provider"},{"name":"Wells Fargo","relationship":"financing provider"}],"dollarAmounts":[{"amount":"$2.75 billion","context":"total transaction equity value"},{"amount":"$7.40","context":"per-share cash price"},{"amount":"$3 billion","context":"expected combined annual revenue"},{"amount":"$500 billion","context":"expected combined annual payment volume"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-15T12:10:44.670Z","global_importance":65,"audience_relevance":55,"importance_components":{"dealSize":"$2.75B","tickerTier":"mid-cap","eventGravity":"m_and_a","sectorWeight":"high","householdBrandBoost":"moderate"}},"durationMs":39273,"modelName":"george-droid-qwen-72b"}}