FinTech IPO Index Slides 2.9% Amid Nuvei's Go-Private Deal and Doma's Acquisition News

Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%.Nuvei’s stock gained 2.4%.As reported by PYMNTS, Nuvei is being taken private in a $6.3 billion deal with private equity firm Advent International.Nuvei CEO Philip Fayer will reportedly control nearly a quarter of the equity in the private company and expected to remain as the head of the firm.In our coverage of the company’s latest earnings report, Nuvei’s fourth-quarter results showed that the company is seeing double-di ...