Nuvei Corp

Nuvei Corp. engages in the provision of global payment solutions. It provides mobile commerce and eCommerce payments technology. Its services include payment gateways, security and risk management, recurring and subscription billing, multi-currency pricing, dynamic currency conversion, and ACH payment processing services. The company was founded by Philip Fayer on September 1, 2017 and is headquartered in Montreal, Canada.

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Nuvei Corp. engages in the provision of payment technology and solutions.Its services include payment gateways, security and risk management, recurring and subscription billing, multi-currency pricing, dynamic currency conversion, and ACH payment processing services. The company was founded by Philip Fayer on September 1, 2017 and is headquartered in Montreal, Canada.

MONTREAL , June 20, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI)(TSX: NVEI), the Canadian fintech company, announced today that the Company has obtained a final order from the Superior Court of Québec (Commercial Division) approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act (the "Arrangement") involving the Company and Neon Maple Purchaser Inc., a newly-formed entity controlled by Advent International, L.P. This final court approval follows the shareholder approval that was obtained at the special meeting of Nuvei's shareholders held on Tuesday, June 18, 2024.

NUVEI OBTAINS FINAL COURT APPROVAL FOR GOING PRIVATE TRANSACTION WITH ADVENT

Nuvei shareholders have voted in favor of an all-cash deal which will see the Montreal-based payments provider bought by an American private equity firm Advent International and taken private at a valuation of US$6.3 billion. The majority of shareholders supported the deal, with 99.24% voting in favor and just 0.76% against.

Nuvei shareholders back sale and go-private plan

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.

Nuvei Shareholders Approve Previously Announced Go-Private Deal

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 Company and Neon Maple Purchaser Inc. (the "Purchaser"), a newly-formed entity controlled by Advent International, L.P. Pursuant to the Arrangement, the Purchaser will acquire all of the issued and outstanding subordinate voting shares ("Subordinate Voting Shares") and multiple voting shares ("Multiple Voting Shares" and collectively with the Subordinate Voting Shares, the "Shares") of the Company.

NUVEI OBTAINS SHAREHOLDER APPROVAL FOR GOING PRIVATE TRANSACTION WITH ADVENT

Shareholders are encouraged to vote "FOR" the special resolution approving the Arrangement in advance of the June 14, 2024 at 10:00 a.m. (Eastern time) deadline For more information, go to www.NuveiPOA.com MONTREAL , June 11, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), today announced that proxy advisory firm Glass, Lewis & Co. ("Glass Lewis") has recommended that Nuvei shareholders vote FOR the previously announced statutory plan of arrangement (the "Arrangement") involving the Company and Neon Maple Purchaser Inc. (the "Purchaser"), a newly-formed entity controlled by Advent International ("Advent"), pursuant to the provisions of the Canada Business Corporations Act.

Second Leading Independent Proxy Advisor Glass, Lewis & Co. Recommends Nuvei Shareholders Vote "FOR" Arrangement

Combined benefits of the ViaPlus mobility back office alongside Nuvei's global acquiring reach and extensive APM connectivity 700+ new types of payments in 150+ currencies available to consumers using ViaPlus systems New local solutions in countries served by VINCI Highways: Brazil, Peru and Colombia Enhanced flexibility for both end-users and transportation agencies 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. The partnership will integrate ViaPlus' mobility back office, which processes and financially reconciles large volumes of transactions, with Nuvei's global acquiring and processing reach and capacity to manage a wide variety of digital applications through extensive Alternative Payment Methods (APM) integrations.

ViaPlus and Nuvei partner to offer enhanced payments experience for mobility services

MONTREAL , June 7, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), announced today that it has filed a second amendment to its previously filed Rule 13e-3 transaction statement on Schedule 13E-3 (the "Schedule 13E-3") originally filed with the U.S. Securities and Exchange Commission ("SEC") on May 14, 2024, as supplemented by an amendment previously filed by the Company with the SEC on June 4, 2024. Both amendments to the Schedule 13E-3 are available without charge on Nuvei's profile on EDGAR at www.sec.gov, and on its SEDAR+ profile at www.sedarplus.ca.

Nuvei Files an Amendment to Schedule 13E-3

Nuvei is the first global payments provider to offer Visa Direct to its customers in the country. MONTREAL , June 3, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has partnered with Visa, a world leader in digital payments, to offer Visa Direct in Colombia.

Nuvei partners with Visa to offer Visa Direct in Colombia

Shareholders are encouraged to vote "FOR" the special resolution approving the Arrangement in advance of the June 14, 2024 at 10:00 a.m. (Eastern time) deadline For more information go to www.NuveiPOA.com MONTREAL , May 29, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), today announced that proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that Nuvei shareholders vote FOR the previously announced statutory plan of arrangement (the "Arrangement") involving the Company and Neon Maple Purchaser Inc. (the "Purchaser"), a newly-formed entity controlled by Advent International ("Advent"), pursuant to the provisions of the Canada Business Corporations Act.

Leading Proxy Advisor ISS Recommends Nuvei Shareholders Vote "FOR" Arrangement

Paysafe

Investors with an interest in Financial Transaction Services stocks have likely encountered both Paysafe Limited (PSFE) and Nuvei Corporation (NVEI). But which of these two stocks is more attractive to value investors?

PSFE vs. NVEI: Which Stock Is the Better Value Option?

MONTREAL , May 24, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced the results of its annual meeting of shareholders held on May 24, 2024 (the "Meeting"). Shareholders of the Company voted in favour of all items of business put forth at the Meeting by the Company.

NUVEI CORPORATION ANNOUNCES ANNUAL MEETING RESULTS

Wang will lead Nuvei's technology organization alongside Max Attias, who is appointed Chief Information Officer MONTREAL , May 23, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the appointment of Gang Wang as Chief Technology Officer, reporting to Nuvei Chair and CEO Philip Fayer. Wang will lead Nuvei's global technology team together with former CTO Max Attias, who has been appointed to the new role of Chief Information Officer.

Nuvei expands leadership to accelerate growth with appointment of Gang Wang as its Chief Technology Officer

Here is how Nuvei Corporation (NVEI) and Omnicom (OMC) have performed compared to their sector so far this year.

Is Nuvei (NVEI) Stock Outpacing Its Business Services Peers This Year?

Johnson & Johnson

Walgreens

On 5/20/24, Nuvei, Walgreens Boots Alliance, and Johnson & Johnson will all trade ex-dividend for their respective upcoming dividends. Nuvei will pay its quarterly dividend of $0.10 on 6/6/24, Walgreens Boots Alliance will pay its quarterly dividend of $0.25 on 6/12/24, and Johnson & Johnson will pay its quarterly dividend of $1.24 on 6/4/24.

Ex-Dividend Reminder: Nuvei, Walgreens And Johnson & Johnson

The FinTech landscape may be altered by go-private deals, as private equity firms and other corporates find value in the space — and where, arguably, valuations don't reflect the potential of changes in payments processing, and especially payments acceptance. Nuvei stands out there, as, in April, the Canadian FinTech announced a $6.

Is Nuvei's Go-Private Deal a Harbinger of Things to Come for FinTechs?

Shareholders stand to receive a significant and attractive cash premium, as the purchase price of US$34.00 per share represents a 56% premium to the closing price of Subordinate Voting Shares on the last trading day before media reports regarding a potential transaction involving Nuvei Board recommends shareholders vote "FOR" the Arrangement Shareholders are encouraged to review the proxy circular carefully and to submit their proxies in advance of the June 14, 2024 at 10:00 a.m. (Eastern time) deadline For more information go to www.NuveiPOA.com MONTREAL , May 14, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), announced today that it has filed and is in the process of mailing a letter and management proxy circular (the "Circular") to shareholders in connection with its previously announced transaction to be taken private by Advent International ("Advent").

Nuvei Announces Filing of Management Proxy Circular and Receipt of Interim Order in Relation to Go-Private Arrangement

Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards ("IFRS") MONTREAL , May 7, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three months ended  March 31, 2024. The Company's results are also included in a quarterly shareholder letter which can be found in the "Events and presentations" and "Financial information" sections of the Company's Investor Relations website at https://investors.nuvei.com.

Nuvei Announces First Quarter 2024 Results

Flywire Corp

Investors with an interest in Financial Transaction Services stocks have likely encountered both Nuvei Corporation (NVEI) and Flyware (FLYW). But which of these two stocks is more attractive to value investors?

NVEI vs. FLYW: Which Stock Is the Better Value Option?

Nuvei (NVEI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nuvei Corporation (NVEI) Earnings Expected to Grow: Should You Buy?

MONTREAL , April 24, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it will publish its first quarter 2024 results after market close on May 7, 2024. On April 1, 2024, Nuvei announced that it entered into a definitive arrangement agreement to be taken private by Advent International for US$34.00 per share via an all cash transaction, which values the Company at an enterprise value of approximately US$6.3 billion.

Nuvei to Publish First Quarter 2024 Results on May 7, 2024

New off-balance sheet funding solution is integrated into leading ERPs; enables businesses to expedite payments from any customer invoice MONTREAL , April 11, 2024 /PRNewswire/ -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces the launch of its new Invoice Financing services that have been integrated into several leading enterprise resource planning (ERP) platforms, including Sage and Acumatica. This new service enables merchants to access Nuvei's Invoice Financing solutions directly within their ERP systems to optimize cash flow and unlock working capital more efficiently.

Nuvei launches Invoice Financing to unlock merchant cash flow

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Nuvei's Going Private

New license extends Nuvei's global reach and enables customers in the region to benefit from additional services MONTREAL , April 9, 2024 /PRNewswire/ -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore. This new license enables Nuvei to operate three types of payments services in Singapore, including domestic money transfer, cross-border money transfer, and merchant acquisition services.

Nuvei secures MPI license in Singapore to accelerate APAC expansion

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Nuvei Corporation (NasdaqGS: NVEI) to Advent International. Under the terms of the proposed transaction, shareholders of Nuvei will receive $34.00 in cash for each share of Nuvei that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the co.

NUVEI CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Nuvei Corporation - NVEI

Doma Holdings

Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%. Nuvei's stock gained 2.4%.

News for Nuvei Corp Stock (NVEI)