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 list of 11 countries that includes the U.S.; the U.K.; Australia; the five largest EU economies, France, Italy, Spain, Germany,...
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 meeting held Tuesday (June 18), the Canadian FinTech company said in a Tuesday press release. Shares that are not held...
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, valuations don’t reflect the potential of changes in payments processing, and especially payments acceptance. Nuvei stands out there, as, in...
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 to PYMNTS, “brings a global view of payments, having worked across four continents for companies such as PayPal, Mastercard and...
May 14, 2024
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, valuations don’t reflect the potential of changes in payments processing, and especially payments acceptance. Nuvei stands out there, as, in April, the Canadian FinTech announced a $6.3 billion deal with […]
April 02, 2024
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, where large firms scooped up...
July 17, 2024
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 notified the buyers of the decision in a Tuesday (July 16) letter, saying the deal is compatible with the internal market and with the European Economic Area (EEA) Agreement. The […]
June 18, 2024
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 meeting held Tuesday (June 18),...
April 24, 2024
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 to PYMNTS, “brings a global...
April 01, 2024
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 of a possible acquisition emerged....
