Nuvei Nears $2.7B Deal to Acquire Payoneer
Canadian payments giant Nuvei is reportedly in advanced talks to acquire Payoneer in a deal valued at approximately $2.7 billion, including debt. If completed, the transaction would create one of the most significant consolidation moves in the global payments industry this year. Payoneer has built a strong presence serving SMBs, freelancers, and cross-border businesses, while Nuvei has focused on enterprise payments and merchant acquiring. The combination would significantly expand Nuvei’s reach across international commerce and embedded financial services. The reported deal also highlights growing pressure on payments providers to scale globally through acquisitions as competition intensifies. As digital commerce continues to expand, larger platforms are increasingly seeking end-to-end capabilities that span payments, payouts, and financial infrastructure.
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Five shifts powering payments
One of the interesting insights for me is that by 2030, agentic commerce is expected to total around $2-$5 trillion, representing between 3-7% of global payment volumes.
In this omnichannel world, a new form of shopping has the potential to change the way people shop forever—agentic commerce.
Agentic AI is expected to be responsible for up to a quarter of the U.S. e-commerce market by 2030. Consumers can use agentic AI to autonomously perform a range of shopping tasks including searching for products; searching for where to buy those products; reading reviews or product specifications; making recommendations; and finally, completing the purchasing journey on their behalf.
For now, agentic commerce is primarily used for product discovery: 30% of consumers now use AI tools to research products and compare options.34 However, we believe agentic AI will rapidly move up the commerce value chain, starting with repeat, low-risk items like groceries, before including more high-value items like tickets, travel and even automobiles.
For businesses, adapting to agentic commerce means adopting “sell-side” AI agents that will manage inventory and pricing, and interacting with “buy-side” AI agents by marketing their goods to them and ensuring their products are chosen over a competitor’s. In a world where AI agents are making purchase decisions, the concept of brand loyalty may no longer be as powerful. AI agents may turn their focus on objective factors such as price, stock availability and how fast purchases can be delivered. This can be both a challenge and an opportunity for merchants.
These processes may not only exist online. AI is also going to transform areas such as customer support, where AI-powered chatbots or virtual assistants can provide on-demand or proactive support to help customers with queries or resolve issues such as returns or payment problems. Gartner believes that by 2028, 60% of brands will use AI agents to interact with customers, which will act like “digital concierges.”
“After searching for a product, what stops the AI agent from recommending a store to go buy it in? Or imagine you are in a store, roaming around the aisles trying to find a product. Why can’t you ask an AI agent to find it in the online inventory and buy it, then you go pick it up from the checkout?” asks Oseyi Ikuenobe, Managing Director, Head of Omnichannel Solutions, J.P. Morgan.
The companies that adapt early may gain a major advantage in how products are discovered, ranked, and purchased in AI-driven marketplaces.
Commerce is slowly shifting from interfaces designed for humans to infrastructure designed for machines.
Curated News
💳 Payments
PayPal and Hey Savi Launch UK’s First Agentic Commerce Platform
PayPal and Hey Savi have introduced what they describe as the UK’s first agentic commerce platform, allowing consumers to discover products and complete purchases through AI-powered shopping experiences. Debenhams Group has joined as the first retail partner.
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Santander’s Getnet Connects Merchants to Agentic Commerce
Santander-owned Getnet is enabling merchants to participate in emerging agentic commerce ecosystems where AI agents can assist with product discovery and purchasing. The move positions the payments provider at the forefront of AI-driven commerce innovation.
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Telda and Mastercard Blend Payments With Investing
Telda and Mastercard have launched a unified financial experience in Egypt that combines everyday payments with investment access. The initiative aims to make wealth-building tools more accessible to younger consumers.
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🏦 Banking
ING Uses Agentic AI to Accelerate Mortgage Decisions
ING has revealed how it is deploying agentic AI to streamline mortgage processing and speed up decision-making. The initiative demonstrates how banks are moving beyond AI pilots and integrating autonomous systems into core operations.
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Monzo Launches Credit Card for Customers With Lower Credit Scores
Monzo has unveiled a new credit card designed to help consumers with poor credit histories build their financial profiles. The product reflects growing efforts among digital banks to expand access to credit.
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Klarna Expands Into Savings With High-Yield Account
Klarna has launched a high-yield savings account, broadening its offering beyond payments and buy now, pay later services. The move highlights the company’s ambitions to become a more comprehensive financial platform.
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💼 Fintech
Barclays Backs AI Startup CommonAI
Barclays has invested in UK-based startup CommonAI as part of its effort to support innovation in artificial intelligence. The investment underscores growing interest from financial institutions in AI-focused startups.
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Titan Raises $3M for Banking-Native AI Platform
Titan has secured $3 million in new funding to expand its AI platform built specifically for financial institutions. The company aims to help banks automate workflows and improve operational efficiency.
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Vinyl Equity Secures $20M to Modernize Capital Markets Infrastructure
Vinyl Equity has raised $20 million to develop technology designed to improve capital markets operations. The funding reflects continued demand for infrastructure modernization across financial services.
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Blnk Raises $37M to Expand Consumer Lending in Egypt
Egyptian fintech Blnk has secured $37 million to deepen its point-of-sale financing business. The funding will support growth in one of the region’s fastest-growing consumer credit markets.
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dLocal Expands BNPL Offering Across Emerging Markets
dLocal has expanded its BNPL Fuse platform, bringing transparent financing options to more than 500 million consumers across emerging markets. The move strengthens access to alternative payment and credit solutions globally.
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🪙 Crypto
Morpho Lands $175M Funding Round Led by A16z and Paradigm
Decentralized lending protocol Morpho has raised $175 million in a major funding round backed by Andreessen Horowitz and Paradigm. The investment highlights continued venture capital interest in crypto infrastructure and DeFi platforms.
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Traditional Lender Teams With Web3 Firm on $650M Loan Pipeline
A U.S. lender is working with Web3-focused partners to develop a $650 million loan pipeline, illustrating how blockchain technology is increasingly being integrated into traditional financial products.
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Bitcoin Falls Below $60K as Market Confidence Weakens
Bitcoin dropped below $60,000 following stronger-than-expected U.S. jobs data and turbulence caused by the Zcash security incident. The decline reflects continued sensitivity to both macroeconomic conditions and crypto-specific risks.
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📈 WealthTech
ICE Launches AI-Powered Analytics for Fixed Income Investors
Intercontinental Exchange (ICE) has introduced AI-powered pre-trade analytics designed to help institutional investors make more informed fixed-income decisions. The tool aims to improve transparency and efficiency across bond markets.
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⚖️ Regulation
New York Moves to Align Stablecoin Rules With GENIUS Act
New York regulators are updating state-level stablecoin requirements to better align with the federal GENIUS Act framework. The move could help create greater consistency across U.S. digital asset regulation.
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Bank of England Warns Public About Deepfake Scam Risks
The Bank of England has issued a warning after a fake AI-generated video circulated online depicting officials in a fabricated altercation. The incident highlights growing concerns around deepfakes and financial fraud.
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