Nuvei Explores Acquiring Payoneer Amid SMB Payment Shifts

Payment providers are actively expanding their services to meet growing business demands for enhanced visibility in areas like settlement, foreign exchange, and supplier payments. This strategic shift in the cross-border payments landscape may be influencing discussions between Nuvei and Payoneer regarding a potential acquisition. While no definitive agreement has been reached, Nuvei's exploration of acquiring Payoneer signals a significant potential consolidation within the fintech sector. Such a move could reshape how small and medium-sized businesses manage their international financial operations.