MONTRÉAL, Nov. 13, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI)(TSX: NVEI), the Canadian fintech company, announced today that it has received all regulatory approvals required in connection with the closing of the previously-announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement") involving the Company and Neon Maple Purchaser Inc., an entity formed by Advent International, with the support and participation of Philip Fayer, certain in ...

Nuvei Corporation (NVEI) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.49 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 -30.61%. 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 comp ...

Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards ("IFRS")MONTREAL, Nov. 12, 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 nine months ended September 30, 2024."We are pleased to report third quarter financial results that underscore the rapid scaling of our business, with total volume increasing 27% and revenue higher by 17% year ...

Collaboration brings Nuvei's comprehensive Nuvei for Platform integrated payments solution to BigCommerce customers, including seamless omnichannel experiencesMONTREAL and AUSTIN, Texas, Oct. 22, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it has partnered with BigCommerce (Nasdaq: BIGC), a leading open SaaS and composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers. This ...

Businesses in Singapore and Hong Kong can now accept payments by JCB credit and debit cards through their existing single integration with Nuvei TOKYO and MONTREAL, Oct. 7, 2024 /PRNewswire/ -- JCB International Co., Ltd. ("JCB"), Japan's only international payment brand, today announced that it has expanded its global partnership with Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, to include Singapore and Hong Kong. This expansion builds upon Nuvei's ...

Core Insights - Nuvei Corporation has launched new features for its Nuvei for Platforms product, aimed at enhancing growth opportunities for businesses of various sizes [1][4] - The Embedded Payments market is projected to grow from approximately USD $83 billion in 2023 to an estimated $730 billion by 2032, with a compound annual growth rate exceeding 30% [4] Product Features and Enhancements - Nuvei for Platforms allows businesses to customize a comprehensive suite of payment technologies through a single integration, including merchant onboarding, pay-ins and payouts, fraud prevention, and risk management [2][3] - New features include decoupled pay-ins and payouts for better cash flow management, support for over 700 local and alternative payment methods, and enhanced seller invoicing options [3][4] - The split payments feature ensures compliance with PSD2 by automatically dividing transactions into platform commissions and seller fees, simplifying regulatory compliance [3][5] - Auto reconciliation capabilities consolidate multiple payment flows into a single payout, streamlining accounting processes [3] Market Trends - The marketplace payments sector is rapidly growing, driven by increased eCommerce adoption, with estimates indicating that marketplaces account for 40-60% of all online consumer payments [5] - The Gross Merchandise Value for the top 100 global marketplaces is projected to reach approximately $3.8 trillion in 2024, highlighting the significance of marketplaces in the online economy [5] Strategic Developments - Nuvei has recently acquired Payaut, a marketplace technology provider, to enhance its expertise and commitment to innovation in the payments sector [6][7] - The company operates in over 200 markets, offering local acquiring in 50 markets and supporting 150 currencies and 716 alternative payment methods [7]

MONTREAL, Sept. 5, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has published its third annual ESG Report for 2023. The report details Nuvei's ongoing achievements across the key pillars of its ESG strategy and highlights the various ways Nuvei continues to deliver on its vision of being a people-first, technology-led global payments platform. "Sound corporate governance, strong information security proced ...

Hong Kong, Aug. 30, 2024 (GLOBE NEWSWIRE) -- It has come to our attention that a press release was recently issued by Fintech360 regarding our collaboration with Nuvei. Unfortunately, this release was mistakenly distributed without the final approval from our partners at Nuvei. We sincerely regret this oversight and wish to clarify that the information in that release was not confirmed or authorized by Nuvei. Fintech360 takes full responsibility for this error and deeply regrets any confusion or inconvenien ...

Core Insights - The collaboration between Nuvei and Fintech360 aims to enhance secure and efficient digital transactions in the forex B2B industry through a new cashier solution [1][17][18] Industry Overview - Payment processing is essential for success in the forex B2B sector, driven by the rapid evolution of digital commerce and the need for efficient, secure payment options [2] - The fintech industry is in a continuous race for innovation, requiring companies to develop advanced payment solutions that improve speed, security, market reach, and customer experience [3] Company Highlights - Fintech360 is recognized as a leader in the fintech industry, particularly in the forex B2B space, offering a variety of services tailored for brokers and financial institutions [4] - The company provides essential tools such as a robust CRM system, advanced trading platform, and business intelligence tools to enhance operational efficiency and growth in the forex market [5] Product Offerings - Fintech360's Payment Gateway is crucial for optimizing payment processes, enabling secure and efficient global transactions for forex companies [6] - The Payment Gateway allows businesses to accept payments in multiple currencies by partnering with over 250 payment providers, enhancing their competitive advantage [7] - The Ultimate Cashier tool features smart routing capabilities for optimizing transaction paths, minimizing delays, and reducing processing costs, particularly beneficial for high transaction volume forex companies [8][9] Security and Compliance - The Ultimate Cashier incorporates high-level risk management protocols to mitigate fraud and security threats, ensuring compliance with industry standards [10] - Nuvei, as a strategic partner, enhances Fintech360's offerings with secure payment processing solutions, reinforcing customer confidence in transaction safety [11][12][13] Strategic Partnership - The collaboration between Fintech360 and Nuvei exemplifies a powerful synergy that enhances the operation of payment solutions, leading to faster transactions and expanded global reach [14][15] - This partnership strengthens both companies' positions in the fintech industry, with Nuvei gaining reputational benefits and increased visibility [16] Future Outlook - The future of digital commerce in the forex B2B sector relies on secure and efficient payment solutions that meet global demands, with partnerships like Fintech360 and Nuvei being crucial for achieving these goals [17][18]

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' ...