Nuvei acquires Paya (2023)
Nuvei bought U.S. payment processor Paya for about $1.3 billion to push deeper into business and government payments. It was one of several deals in Nuvei's growth-by-acquisition playbook.
Nuvei added integrated payments for software platforms and recurring billers in the United States.
The deal showed Nuvei's pattern of buying scale and capabilities rather than building them, the same logic behind the Payoneer purchase.
It is the clearest recent template for how Nuvei expands and how it tends to absorb the companies it buys.
