Tag "Nuvei"

Nuvei to Go Private After Shareholder Approval, Pending Court Approval

Canadian payments firm Nuvei Corporation announced that its shareholders have approved a plan to take the company private in a transaction with Advent International. Under the approved arrangement, Neon Maple Purchaser Inc., an entity controlled by Advent International, will acquire all issued

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Former Stripe Exec Gang Wang Named Nuvei’s New CTO

Canadian payments firm Nuvei Corporation announced that it has appointed Gang Wang as its new Chief Technology Officer (CTO). Reporting to Chair and CEO Philip Fayer, Wang will lead Nuvei’s global technology team alongside former CTO Max Attias, who now

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Nuvei Secures Payments License from MAS to Expand Offerings in Singapore

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This allows Nuvei’s Singapore subsidiary, Nuvei Singapore Pte Ltd, to extend its financial services within the region, offering domestic and cross-border

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Nuvei CEO Philip Fayer to Remain at Helm as Company Goes Private

Canadian payments firm Nuvei Corporation is set to go private following a definitive agreement for a buyout by Advent International, a global private equity investor. Philip Fayer, Nuvei’s Chair and CEO, will continue leading the company, alongside his broader leadership

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Charles & Keith’s E-Commerce Revenue Surges After Nuvei Integration

Singaporean fashion retailer Charles & Keith has joined forces with Canadian payments firm Nuvei Corporation to revamp its online payment systems amid its ongoing international growth strategy. A single integration with Nuvei’s comprehensive payments technology platform will enable Charles &

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Deadpool Actor-Backed Nuvei in Advanced Talks for Acquisition Deal

Private equity firm Advent International is engaged in advanced discussions to acquire Nuvei, a Canadian payments technology company, according to a source familiar with the matter. Nuvei, a processor of business transactions, made its public debut with a US$700 million

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Nuvei Goes Global With Its Omnichannel Payments Solution

Canadian fintech firm Nuvei has announced the global roll out of its omnichannel payments solution. This launch introduces Nuvei’s enhanced unified commerce offering to markets outside North America. The solution, designed to cater to a broad spectrum of industries including

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Nuvei Teams up With Microsoft to Streamline Payments for SMEs

Canadian fintech firm Nuvei has announced its latest integration with Microsoft Dynamics 365 Business Central, an ERP (Enterprise Resource Planning) solution tailored for small and medium-sized businesses. This integration enables organisations worldwide to incorporate various payment methods, such as card

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Nuvei Set to Streamline Microsoft’s Checkout Processes for Office and Xbox

Canadian fintech firm Nuvei has announced a partnership with tech giant Microsoft to improve payment experiences for customers globally. This collaboration aims to introduce Nuvei’s payments technology to Microsoft’s product lines, including Office and Xbox, initially focusing on markets in

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Why It Is Time to Give Payments a Seat at the Table for E-Commerce Growth

E-commerce has evolved significantly in the last few years, ushering in an era of connected payments. This era is characterised by the emergence of innovative payment types, cutting-edge payment infrastructure, and novel business models. A key symptom of the connected

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