Nuvei

Nuvei partners with Wonderful Copenhagen

Retrieved on: 
Wednesday, May 24, 2023
Capital region, Partnership, Hop, Wonderful Copenhagen, MobilePay, Discover, Nuvei, TSX

MONTREAL and COPENHAGEN, May 24, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has partnered with Wonderful Copenhagen, the non-profit tourism organisation of the Capital Region of Denmark, to power comprehensive payment services for The Official Copenhagen City Card.

Key Points: 
  • MONTREAL and COPENHAGEN, May 24, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has partnered with Wonderful Copenhagen, the non-profit tourism organisation of the Capital Region of Denmark, to power comprehensive payment services for The Official Copenhagen City Card.
  • In addition to enabling traditional online card-based payments for all the major card schemes, Nuvei will enable Wonderful Copenhagen customers to use MobilePay, a popular mobile payment app in Denmark.
  • Nuvei CEO and Chair Philip Fayer commented on the announcement: ”We are excited to partner with Wonderful Copenhagen and provide payment services for The Official Copenhagen City Card.
  • Our mission is to enable online businesses to connect with a global customer base through payments.”
    The Official Copenhagen City Card offers two options: the Copenhagen Card – Discover and the Copenhagen Card – Hop.

Radisson Hotel Group selects Nuvei as its preferred payments partner

Retrieved on: 
Wednesday, May 17, 2023
Travel, Radisson Hotel Group, Sabre, Air Transat, Virgin Atlantic, TSX, Growth, EMMA, Tourism, WestJet, Nuvei

Radisson Hotel Group is leveraging Nuvei’s global reach and extensive local networks to enhance its international online payments offering.

Key Points: 
  • Radisson Hotel Group is leveraging Nuvei’s global reach and extensive local networks to enhance its international online payments offering.
  • Leading brands and operators, including Virgin Atlantic, Air Transat, Westjet, Scott Dunn, LastMinute.com, Sabre and Selina Hospitality have recently announced that they have partnered with Nuvei as a preferred payments partner.
  • Philippe de Roose, SVP Tax & Treasury Radisson Hotel Group commented on the announcement: “At Radisson Hotel Group, we have taken steps to upgrade our digital experience and operations, beginning with the launch of our EMMA - Integrated Hospitality Technology Platform in 2018.
  • Radisson Hotel Group has a strong brand reputation for excellence which we are proud to be supporting during the booking process, an incredibly important touchpoint for any business with its customers.

Nuvei Announces First Quarter 2023 Results

Retrieved on: 
Wednesday, May 10, 2023
Cryptocurrency, Cropping system, E-commerce, Nuvei, Government, Sale, SMB, Public expenditure, EBITDA, Acquisition, Investment, TSX, Growth, ISV, Three Months, Fine chemical, Online shopping, Video game, Sales, Bookkeeping, Real estate, Organic, Adjustment

MONTREAL, May 10, 2023 (GLOBE NEWSWIRE) -- 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, 2023.

Key Points: 
  • MONTREAL, May 10, 2023 (GLOBE NEWSWIRE) -- 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, 2023.
  • “Nuvei is off to a strong start in 2023, delivering first quarter results ahead of our financial outlook, as we execute on our strategic initiatives, grow our market share, drive innovation, and extend our geographic reach,” said Philip Fayer, Nuvei Chair and CEO.
  • For the three months ending June 30, 2023 and the fiscal year ending December 31, 2023, Nuvei anticipates Total volume(1), Revenue, Revenue at constant currency and Adjusted EBITDA(2) to be in the ranges below.
  • Nuvei continues to expect Organic revenue growth excluding digital assets and cryptocurrencies at constant currency to be between 23% and 28% for the fiscal year ending December 31, 2023.

Nuvei integrates with Sabre to offer market-leading payments for the travel and hospitality industries

Retrieved on: 
Tuesday, April 25, 2023
Product management, Travel, Sabre, Air Transat, Tams, Virgin Atlantic, TSX, Online shopping, Nuvei

Sabre is offering Nuvei’s global reach and customizable, modular technology to provide its partners with a superior customer payments experience, wherever they operate.

Key Points: 
  • Sabre is offering Nuvei’s global reach and customizable, modular technology to provide its partners with a superior customer payments experience, wherever they operate.
  • Nuvei is also enabling Sabre to offer over 600 alternative payment methods for its partners to integrate into their online checkouts, through a single integration.
  • Sabre customers include many of the leading brands in the travel and hospitality industries including airlines, hotel chains, and travel agencies.
  • Many of the world’s predominant brands in travel, including Virgin Atlantic and Air Transat, have recently announced Nuvei as their preferred payments partner.

Cart.com selects Nuvei as its exclusive payments partner

Retrieved on: 
Thursday, April 20, 2023
Digital marketing, Risk management, E-commerce, Nuvei, Fortune 500, Commerce, TSX, Platform, Cart.com, Online shopping

Cart.com customers will be able to enhance their payments through Nuvei for Platforms, Nuvei’s fully customizable solution that enables companies of any size to embed enterprise-level payments technology into their online operations.

Key Points: 
  • Cart.com customers will be able to enhance their payments through Nuvei for Platforms, Nuvei’s fully customizable solution that enables companies of any size to embed enterprise-level payments technology into their online operations.
  • Providing access to the most advanced payments technology in the market through a simple and cost-effective integration is critical to fueling our customers’ growth.
  • Enabling eCommerce platforms to integrate an enterprise grade payments solution optimizes the revenue generation potential of payments.”
    The Nuvei for Platforms solution continues to accelerate Nuvei’s new business wins among marketplaces and platforms.
  • Le Panier Bleu, Redeban, and VTEX are just some of the platforms that have embedded Nuvei for Platforms since the start of the year.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Nuvei Corp. (NASDAQ: NVEI / TSX: NVEI)

Retrieved on: 
Tuesday, April 18, 2023
SPAC, IPO, Senior, Humboldt Hill, California, Marketing, Deluxe Corporation, Acquisition, Three Times, Felony, SVP, Micro ISV, NYSE, PAYA, Roman Catholic Diocese of La Crosse, FTAC, Paya, Inc., Research, Risk, Language, Sage Group, Deluxe, Corporation, TSX, Wall, SGE, Payment, Bankruptcy, LSE, I-house, ICO, Record, History, Government, Fraud, Economics, Partnership, Education, FTX, GTCR, Simplex, Nuvei, Movement, EBITDA, Annual report, Cryptocurrency, Silviculture, Pharmaceutical industry, Twice, Ideanomics

Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and exclusive updates.

Key Points: 
  • Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and exclusive updates.
  • The stock subsequently collapsed by 75% (more than Spruce Point’s 60% maximum downside prediction) and Nuvei revised both short and long-term guidance lower.
  • Based on our research, we believe Simplex’s margins have materially compressed, and Nuvei is delaying impairment.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .

Ryan Reynolds announces investment in Canadian fintech Nuvei

Retrieved on: 
Monday, April 17, 2023
United States corporate law, Paya, B2B, E-commerce, Reynolds, USD, Mint Mobile, Acquisition, Wrexham A.F.C., TSX, LATAM, Online shopping, Nuvei

MONTREAL, April 17, 2023 (GLOBE NEWSWIRE) -- Hollywood actor, producer and entrepreneur Ryan Reynolds has today announced that he has invested in Canadian fintech company Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI).

Key Points: 
  • MONTREAL, April 17, 2023 (GLOBE NEWSWIRE) -- Hollywood actor, producer and entrepreneur Ryan Reynolds has today announced that he has invested in Canadian fintech company Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI).
  • Nuvei is a global payments technology company that is dedicated to accelerating its customers’ revenue growth through payments.
  • Incorporating Paya technology and experts into Nuvei is creating a preeminent payment technology provider in Global eCommerce, Integrated Payments and B2B.
  • Nuvei Chair and CEO Phil Fayer shared his thoughts on the announcement: “We’re thrilled to welcome Ryan to the Nuvei family.

Guarda Wallet and Simplex Launch Zero-Fee Crypto Purchases Promo in Europe

Retrieved on: 
Saturday, April 15, 2023
Bitcoin, Ethereum, Litecoin, Crypto, EUR, BTC, ETH, Simplex, Nuvei, LTC, Cryptocurrency

Guarda Wallet , a non-custodial crypto wallet, and Simplex by Nuvei, an industry-leading fiat-to-crypto on-ramp solution provider, have launched a promotional deal for zero-fee cryptocurrency purchases when paying with EUR.

Key Points: 
  • Guarda Wallet , a non-custodial crypto wallet, and Simplex by Nuvei, an industry-leading fiat-to-crypto on-ramp solution provider, have launched a promotional deal for zero-fee cryptocurrency purchases when paying with EUR.
  • This joint promotion by Guarda Wallet and Simplex is available exclusively from 3 April to 9 April 2023.
  • Furthermore, it is a great opportunity for beginners and experienced traders in Europe to enrich their crypto portfolio with Bitcoin, Ethereum and Litecoin.
  • To take advantage of this limited-time offer, users can visit the Guarda Wallet website or download the app .

Three-quarters of eCommerce businesses are still struggling to optimize their payments

Retrieved on: 
Wednesday, April 5, 2023
Overalls, Research, E-commerce, Nuvei, TSX, Growth, POP, EDC, Online shopping

The rise of this multi-vendor model is a direct result of eCommerce businesses understanding that there is a real opportunity to accelerate growth.

Key Points: 
  • The rise of this multi-vendor model is a direct result of eCommerce businesses understanding that there is a real opportunity to accelerate growth.
  • Harnessing the power of best-in-class payments technology in every market they operate, and for every relevant payment method, is critical for businesses to optimize their payments performance.
  • It also shows that alternative payment methods are becoming more important to eCommerce, with only 23% of online businesses’ checkouts now have three available payments methods or less.
  • There is a clear role for payments orchestration in providing the control online businesses need to effectively optimize their backend payments flow.

Nuvei announces renewal of normal course issuer bid

Retrieved on: 
Monday, March 20, 2023
Toronto Stock Exchange, Acquisition, TSX, Security (finance), Nuvei

MONTREAL, March 20, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that the board of directors of the Company has authorized, and the Toronto Stock Exchange (the “TSX”) has approved, the renewal of its normal course issuer bid (the “NCIB”) for the twelve-month period commencing on March 22, 2023 and ending no later than March 21, 2024.

Key Points: 
  • MONTREAL, March 20, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that the board of directors of the Company has authorized, and the Toronto Stock Exchange (the “TSX”) has approved, the renewal of its normal course issuer bid (the “NCIB”) for the twelve-month period commencing on March 22, 2023 and ending no later than March 21, 2024.
  • As at March 8, 2023, Nuvei had 63,595,611 issued and outstanding subordinate voting shares, including a public float of 55,566,045 subordinate voting shares.
  • Subordinate voting shares will be acquired under the NCIB at the market price at the time of purchase.
  • Purchases made under an issuer bid exemption order will be at a discount to the prevailing market price as per the terms of the order.