Nuvei Corporation is a global payment technology company headquartered in Montreal, Canada. Founded in 2003 by Philip Fayer, who currently serves as Chair and CEO, Nuvei has established itself as a significant player in the financial technology sector. The company provides a comprehensive suite of payment solutions designed to accelerate the business of its clients worldwide. Nuvei's modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer a full range of payout options, and benefit from card issuing, banking, risk, and fraud management services.
Nuvei facilitates connections between businesses and their customers in over 200 markets, with local acquiring capabilities in more than 50 markets. The platform supports transactions in 150 currencies and integrates with over 700 alternative payment methods, including cryptocurrencies. This extensive reach and diverse payment acceptance allow Nuvei to provide the technology and insights necessary for customers and partners to succeed both locally and globally through a single integration. The company serves a wide array of industries, including global eCommerce, B2B, embedded payments, online retail, travel, online gaming, and financial services. Nuvei's solutions cater to various transaction channels, including mobile, online, unattended, and in-store. The company's mission is to deliver unified commerce solutions and expertise, helping clients capture every payment opportunity. Nuvei went public in September 2020 with a significant initial public offering (IPO) on the Toronto Stock Exchange, which was the largest technology company IPO on the TSX at the time. A year later, in October 2021, Nuvei completed an American IPO on Nasdaq. In April 2024, it was announced that Nuvei would be taken private by Advent International, with Philip Fayer and other existing shareholders retaining significant equity.