Nuvei

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI) is a Canadian fintech company that provides payment technology solutions to businesses globally. Founded in 2003 by Philip Fayer, Nuvei went public in September 2020 in what was the largest technology IPO in Toronto Stock Exchange history, raising USD 833 million. The company offers a modular, flexible and scalable technology platform that enables clients to accept next-generation payments, offer payout options, and benefit from card issuing, banking, risk and fraud management services.

Nuvei's products and services include:

• Payment processing for online and in-person transactions

• Support for over 150 currencies and 680 alternative payment methods

• Card issuing capabilities

• Risk management and fraud prevention tools

• Analytics and reporting solutions

• Integration with major ecommerce platforms and software providers

The company serves customers across various industries including online retail, online marketplaces, regulated online gaming, financial services, and travel. Nuvei operates globally, connecting businesses to customers in over 200 markets, with local acquiring in 50 markets.

In recent developments, Nuvei launched its card issuing solution in 30 markets globally in November 2023. The company also entered into partnerships with major technology firms, including a global payments partnership with Microsoft to enhance checkout experiences in the Middle East and Africa region. In January 2024, Nuvei announced a partnership with Adobe to provide customers access to its payment technology. The company has continued to expand through acquisitions, including the purchase of Paya Holdings for USD 1.3 billion in January 2023 to strengthen its presence in the B2B payments space.