PYMNTS-MonitorEdge-May-2024

Advent International

Nuvei Gets Regulatory Blessing to Go Private
Nuvei Gets Regulatory Blessing to Go Private
November 13, 2024  |  Acquisitions

Canadian FinTech Nuvei is expected to become a private company by the end of the week. The company received all the regulatory approvals it needs...

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European Commission Will Not Oppose Advent Acquisition of Nuvei
European Commission Will Not Oppose Advent Acquisition of Nuvei
July 17, 2024  |  Acquisitions

The European Commission will not oppose the proposed acquisition of payment technology provider Nuvei by private equity firm Advent International. European Commission Director-General Olivier Guersent...

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How The World Does Digital: Business Models And Innovation Drive Consumer Engagement
How The World Does Digital: Business Models And Innovation Drive Consumer Engagement
July 10, 2024  |  Connected Economy

Let’s start this article with a pop quiz. Name the country that had the highest digital engagement in 2023. You get to pick from a...

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Nuvei Shareholders Approve Previously Announced Go-Private Deal
Nuvei Shareholders Approve Previously Announced Go-Private Deal
June 18, 2024  |  Business

Nuvei has obtained shareholder approval for its previously announced plan for a going private transaction with Advent International. Shareholders approved the special resolution at a...

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What Does Nuvei’s Go-Private Deal Portend for FinTechs?
What Does Nuvei’s Go-Private Deal Portend for FinTechs?
May 14, 2024  |  Acquisitions

The FinTech landscape may be altered by go-private deals, as private equity firms and other corporates find value in the space — and where, arguably,...

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PayU Vet Mario Shiliashki Picked to Lead myPOS
PayU Vet Mario Shiliashki Picked to Lead myPOS
April 24, 2024  |  Personnel

Small-business-focused payments/card solutions company myPOS has named Mario Shiliashki as its new CEO. Shiliashki, the company announced Wednesday (April 24) in a news release provided...

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Nuvei Sale Hints at Private Deals and Consolidation in Payments’ Future
Nuvei Sale Hints at Private Deals and Consolidation in Payments’ Future
April 02, 2024  |  Partnerships / Acquisitions

2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization,...

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Nuvei Goes Private in $6.3 Billion Sale to Advent International
Nuvei Goes Private in $6.3 Billion Sale to Advent International
April 01, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports...

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Report: Nuvei on Verge of Buyout Deal With Advent
Report: Nuvei on Verge of Buyout Deal With Advent
March 17, 2024  |  Acquisitions

Canadian FinTech Nuvei is reportedly close to being acquired by private equity company Advent International. The payments processor, backed by actor/investor Ryan Reynolds, is in...

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