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...
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...
Nuvei’s fourth-quarter results showed that the company is seeing double-digit growth in demand and momentum from enterprise clients, and in the B2B and ISV-related businesses. The company’s shareholder letter detailed that total volumes were up 59% to $203 billion for 2023, and up 53% in the...
“There has been so much capital deployed in FinTech building out solutions that don’t actually solve real world problems.” Philip Fayer, CEO and chair of Nuvei, told PYMNTS’ Karen Webster that the deal-making and private funding rounds in FinTech might have peaked during the pandemic....
February 01, 2023
“There has been so much capital deployed in FinTech building out solutions that don’t actually solve real world problems.” Philip Fayer, CEO and chair of Nuvei, told PYMNTS’ Karen Webster that the deal-making and private funding rounds in FinTech might have peaked during the pandemic. Many once-heralded disruptors have failed to live up to their […]
November 15, 2024
Canadian FinTech Nuvei has completed its previously announced go-private transaction. As a result of the completion of the arrangement, the company expects that the subordinate voting shares will be de-listed from the Toronto Stock Exchange around Monday (Nov. 18) and from the Nasdaq Global Select Market around Nov. 25, Nuvei said in a Friday (Nov. 15) press […]
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...
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),...
