Nuvei (NVEI)

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Scanco selects Nuvei to boost B2B payments for warehouse and manufacturing operations
Prnewswire· 2024-08-08 12:00
Partnership enhances payment capabilities for Scanco customers, streamlining operations and improving financial visibility MONTREAL and NOKOMIS, Fla., Aug. 8, 2024 /PRNewswire/ -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces its partnership with Scanco Software, LLC ("Scanco"), a leading provider of innovative software solutions for the manufacturing and distribution industries, to enhance Scanco's new Invoice2Payment (i2PAY) solution. i2PAY complements Scanco' ...
Nuvei Corporation (NVEI) Q2 Earnings Lag Estimates
ZACKS· 2024-08-07 00:21
Nuvei Corporation (NVEI) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -12.77%. A quarter ago, it was expected that this company would post earnings of $0.47 per share when it actually produced earnings of $0.41, delivering a surprise of -12.77%. Over the last four quarters, the co ...
Nuvei (NVEI) - 2024 Q2 - Quarterly Report
2024-08-06 21:04
EXHIBIT 99.2 Management's Discussion & Analysis Nuvei Corporation For the three and six months ended June 30, 2024 and 2023 (in thousands of US dollars) MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FOR THE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 2024 and 2023 As used in this management's discussion and analysis of financial condition and results of operations ("MD&A"), unless the context indicates or requires otherwise, all references to the "Company", "Nuvei", "w ...
Nuvei Announces Second Quarter 2024 Results
Prnewswire· 2024-08-06 21:00
Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards ("IFRS") MONTREAL, Aug. 6, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three and six months ended June 30, 2024. Financial Highlights for the Three Months Ended June 30, 2024 Compared to 2023: Total volume(a) increased by 22% to $61.7 billion from $50.6 billion; Revenue increased by 13% to ...
Nuvei agrees to acquire licensed Payment Institution in Brazil
Prnewswire· 2024-08-05 12:18
Proposed acquisition represents significant milestone in global expansion strategy and further strengthens Nuvei's presence in LATAM MONTREAL, Aug. 5, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. ("Pay2All"), a licensed Payment Institution authorized by the Central Bank of Brazil. This strategic milestone is expected ...
Nuvei introduces off-ramping of Digital Assets to cards via Mastercard Move in Europe
Prnewswire· 2024-07-11 13:00
MONTREAL and LONDON, July 11, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today a partnership with Mastercard to launch a new off-ramping solution that enables consumers in Europe to seamlessly convert their Digital Assets, including cryptocurrencies, into traditional fiat currency via debit, credit and prepaid cards. This new functionality provides a bridge between digital and traditional finance that can be spent via ...
Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal
PYMNTS.com· 2024-07-08 18:42
Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei. The loan will have a seven-year term and will help fund the $6.3 billion leveraged buyout led by Advent International, management, Novacap and CDPQ, Bloomberg reported Monday (July 8), citing unnamed sources. The proposed loan would be the biggest such deal since April, when a $2.6 billion loan was sold to fund KKR's purchase of a Br ...
Nuvei secures Retail Services Category II License from the Central Bank of the UAE
Prnewswire· 2024-06-25 11:30
The UAE is a crucial market for Nuvei's global customers due to its rapidly growing eCommerce sector, which is projected to surpass $10 billion in revenue by 2029 with an annual growth rate (CAGR 2024-2029) of approximately 9%1. Extends Nuvei's local acquiring footprint into MENA and reaffirms overall commitment to the thriving region The Retail Services Category II License enables Nuvei to offer its comprehensive suite of payments technology to businesses operating in the thriving UAE market, including dir ...
NUVEI OBTAINS FINAL COURT APPROVAL FOR GOING PRIVATE TRANSACTION WITH ADVENT
Prnewswire· 2024-06-20 16:30
The Arrangement remains subject to the satisfaction or waiver of certain other closing conditions customary in a transaction of this nature, including the receipt of key regulatory approvals. Assuming that these remaining conditions to closing are satisfied, the Arrangement is expected to be completed in late 2024 or in the first quarter of 2025. About Nuvei Forward-Looking Statements In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events ...
Nuvei shareholders back sale and go-private plan
Proactiveinvestors NA· 2024-06-19 13:19
About Emily Jarvie About the publisher Proactive news team spans the world's key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Our human content creators are equipped with many decades of valuable expertise and experience. The ...