Payoneer. A 2.7 Billion Balance Sheet In Disguise.
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YouTubeA2Z FINTECH
Payoneer. A 2.7 Billion Balance Sheet In Disguise.
Payoneer is sitting on 7.9 billion dollars of customer money, and Nuvei is buying it for 2.7 billion. Almost nobody understands what private equity is actually purchasing. Nuvei is money in. Payoneer is money out. Together they own the full loop: the FX, the float, both take rates, all in-house. So why did Wall Street price it at two times ...
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