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 ...

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 ...

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 ...

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 ...

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 ...

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Shares that are not held by one of three rollover shareholders — Nuvei founder, chair and CEO Philip Fayer, certain investment funds managed by Novacap Management, and Caisse de dépôt et placement du Québec (CDPQ) — will be acquired for $34 in cash per share, according to the release. Fayer said at the time in a press release that the transaction "marks the beginning of an exciting new chapter for Nuvei." Shareholders approved the special resolution at a meeting held Tuesday (June 18), the Canadian FinTech ...

MONTREAL, June 18, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, is pleased to announce that, at the special meeting (the "Meeting") of the Company's shareholders (the "Shareholders") held on June 18, 2024, Shareholders approved the special resolution (the "Arrangement Resolution") approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act (the "Arrangement") involving the Comp ...

CARROLLTON, Texas and MONTREAL, June 11 2024 /PRNewswire/ -- ViaPlus, a subsidiary of VINCI Highways, and Nuvei Corporation ("Nuvei") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announce a partnership to deliver an enhanced payment experience for consumers when purchasing mobility services. Further benefits include broader accessibility for customers who choose to pay cash via Nuvei's retail payment network, and the general convenience of increased paperless payments. About ViaPlus Conta ...

No changes have been made to the terms or conditions of the previously announced going private transaction with Advent International (the "Transaction"), or the date of the special meeting of shareholders of Nuvei called to approve the Transaction. Shareholders are encouraged to vote "FOR" the special resolution approving the Transaction in advance of the June 14, 2024 at 10:00 a.m. (Eastern time) deadline. No Offer of Solicitation About Nuvei This press release contains "forward-looking information" and "f ...