Nuvei

AppTech Payments Corp. to Attend Nuvei Partner Conference

Retrieved on: 
Monday, March 13, 2023

CARLSBAD, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced that management will participate at the Nuvei Partner Conference taking place March 12-14, 2023 at the Talking Stick Resort in Scottsdale, AZ.

Key Points: 
  • CARLSBAD, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced that management will participate at the Nuvei Partner Conference taking place March 12-14, 2023 at the Talking Stick Resort in Scottsdale, AZ.
  • Virgil Llapitan, President of AppTech, will be joined by Deborah Hinderstein, VP of Payment Operations, and Howard Fish, Director of Sales and Business Development.
  • During the event, the AppTech team will conduct strategic meetings with Nuvei Business Development, Product, and Support leadership, and network with Independent Sales Organizations and Independent Software Vendors to generate Text-to-Pay and BaaS selling opportunities.
  • AppTech recently announced a strategic partnership with Nuvei to strengthen its Software-as-a-Service (SaaS) offering to deliver continual innovation and growth, extend its global reach, and expand the company’s footprint by supporting integrations with its patent-based portfolio in text-to-pay and geolocation-based solutions.

Nuvei Announces Fourth Quarter and Fiscal Year 2022 Results

Retrieved on: 
Wednesday, March 8, 2023

MONTREAL, March 08, 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 and year ended December 31, 2022.

Key Points: 
  • MONTREAL, March 08, 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 and year ended December 31, 2022.
  • “2022 was another strong year for Nuvei highlighted by Total volume growth of 39% on a constant currency basis, reflecting continued progress and execution of our strategic initiatives.
  • Nuvei used $616 million of its cash and cash equivalents subsequent to year-end to fund the Paya acquisition.
  • New business revenue outside of digital assets and cryptocurrencies1 increased 23% during the fourth quarter, including several enterprise level customer wins.

Nuvei announces next step in its global expansion plan with Australia launch

Retrieved on: 
Sunday, March 5, 2023

Australian businesses operating locally and globally will benefit from Nuvei’s cutting-edge, agile technology that’s built to accelerate their growth.

Key Points: 
  • Australian businesses operating locally and globally will benefit from Nuvei’s cutting-edge, agile technology that’s built to accelerate their growth.
  • Nuvei’s payments platform enables businesses to optimize operating costs and boost conversion rates by maximizing payments acceptance, minimizing risk, and enhancing the consumer payment experience.
  • Launching in Australia is the latest initiative from Nuvei as it continues to grow its presence and capabilities in the Asia-Pacific (APAC) region, following its successful launch in Singapore and Hong Kong in 2022.
  • Internet penetration in Australia is 91% [2] and over 90% of Australian internet users make online purchases.

VTEX Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Thursday, March 2, 2023

VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, today announced results for the fourth quarter of 2022 ended December 31, 2022.

Key Points: 
  • VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, today announced results for the fourth quarter of 2022 ended December 31, 2022.
  • Non-GAAP subscription gross margin was 73.5% in the fourth quarter of 2022, compared to 69.9% in the same quarter of 2021.
  • Non-GAAP income from operations was US$2.1 million during the fourth quarter of 2022, compared to a Non-GAAP loss from operations of US$6.0 million in the third quarter of 2022 and a Non-GAAP loss from operations of US$10.9 million in the same quarter of 2021.
  • Non-GAAP positive free cash flow was US$2.5 million during the fourth quarter of 2022, compared to a Non-GAAP negative free cash flow of US$3.3 million in the third quarter of 2022 and US$21.3 million in the same quarter of 2021.

Q&A Interview with CEO of Fintech Innovator AppTech Payments Corp.

Retrieved on: 
Monday, February 13, 2023

AppTech Payments Corp.is an innovative Fintech company with an elite digital platform that powers seamless omni-channel commerce experiences for clients and their customers.

Key Points: 
  • AppTech Payments Corp.is an innovative Fintech company with an elite digital platform that powers seamless omni-channel commerce experiences for clients and their customers.
  • AppTech is developing a transformative digital payments and banking all-in-one platform that will upend the Fintech industry.
  • Q: Luke it's great to have you take the time to give investors some insight on recent developments at AppTech.
  • Can you give the readers some insight into the financing and why this is a positive step for AppTech?

Nuvei Completes $1.3 Billion Acquisition of Paya

Retrieved on: 
Wednesday, February 22, 2023

The information presented in this press release includes non-IFRS financial measures, and supplementary financial measures, of Nuvei, namely Nuvei Adjusted EBITDA and Nuvei Total volume.

Key Points: 
  • The information presented in this press release includes non-IFRS financial measures, and supplementary financial measures, of Nuvei, namely Nuvei Adjusted EBITDA and Nuvei Total volume.
  • The information in this press release also includes non-U.S. GAAP financial measures, and supplementary financial measures, of Paya, namely Paya Adjusted EBITDA and Paya Payment volume.
  • Paya believes Paya Adjusted EBITDA is useful for investors and others in understanding and evaluating its operations results in the same manner as Paya.
  • Paya Payment volume: Paya Payment volume is defined as the total dollar amount of all payments processed by Paya customers through its services.

Nuvei and Mercedes-AMG PETRONAS Formula One Team join forces ahead of new Formula One™ season

Retrieved on: 
Monday, February 13, 2023

MONTREAL and BRACKLEY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and the Mercedes-AMG PETRONAS Formula One Team today announce a multi-year sponsorship agreement that will commence ahead of the 2023 F1 season.

Key Points: 
  • MONTREAL and BRACKLEY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and the Mercedes-AMG PETRONAS Formula One Team today announce a multi-year sponsorship agreement that will commence ahead of the 2023 F1 season.
  • Nuvei is a global payments technology company that is dedicated to accelerating its customers revenue growth through payments.
  • “We’re thrilled to welcome Nuvei as a long-term partner in time for the start of the 2023 Formula One™ season,” said Toto Wolff, Team Principal and CEO of the Mercedes-AMG PETRONAS Formula One Team.
  • “We are delighted to announce our new partnership with Nuvei ahead of the start of the season and welcome them into our partner ecosystem,” Richard Sanders, Chief Commercial Officer of the Mercedes-AMG PETRONAS Formula One Team added.

AppTech Payments Corp. Expands SaaS Offerings Through Strategic Partnership with Nuvei

Retrieved on: 
Tuesday, February 7, 2023

CARLSBAD, Calif., Feb. 07, 2023 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (AppTech) (NASDAQ: APCX), a Fintech company powering commerce experiences, is excited to announce a strategic partnership with Nuvei (NASDAQ: NVEI), a global payments technology company.

Key Points: 
  • CARLSBAD, Calif., Feb. 07, 2023 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (AppTech) (NASDAQ: APCX), a Fintech company powering commerce experiences, is excited to announce a strategic partnership with Nuvei (NASDAQ: NVEI), a global payments technology company.
  • This partnership strengthens AppTech’s Software as a Service (SaaS) offering to deliver continual innovation and growth, extends its global reach, and expands the company’s footprint by supporting integrations with its patent-based portfolio in text-to-pay and geolocation-based solutions.
  • “We are happy to add Nuvei as a strategic partner and look forward to utilizing their proprietary technology to support our Commerse platform,” said Virgil Llapitan, President of AppTech Payments Corp. “Nuvei’s partner-centric philosophy aligns perfectly with our core mission to deliver customers with immersive commerce experiences and will further enhance our white-glove customer success model.”
    The partnership builds upon the bolstering of AppTech’s fully integrated approach to all payments experiences and purchasing journeys.
  • As a result, the companies will experience a seamless integration that will empower AppTech to continue the perpetual development and growth it has seen over the past year.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Paya Holdings Inc. (Nasdaq – PAYA), CinCor Pharma, Inc. (Nasdaq – CINC), Albireo (Nasdaq – ALBO), Duck Creek Technologies (Nasdaq - DCT)

Retrieved on: 
Friday, January 20, 2023

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Paya will be acquired by Nuvei Corporation (Nasdaq - NVEI) (“Nuvei”).
  • Paya stockholders will receive $9.75 per share in an all-cash transaction valued at approximately $1.3 billion.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

VTEX and Nuvei partner amid global expansion drive

Retrieved on: 
Tuesday, January 17, 2023

To help address the changing dynamics of global retail business, VTEX is always looking at ways to help its premier client brands and retailers sell faster and more effectively.

Key Points: 
  • To help address the changing dynamics of global retail business, VTEX is always looking at ways to help its premier client brands and retailers sell faster and more effectively.
  • As a global enterprise-grade digital commerce and marketplace platform, VTEX has more than 2,400 customers and over 3,200 online stores in 38 countries.
  • “From the outset, Nuvei understood our clients’ needs and showed how to customize payments technology at speed with scale,” Naranjo added.
  • We’re proud to be supporting them amid their global expansion.”
    Watch this short video to learn more about how VTEX and Nuvei work together.