Nuvei

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: 
Tuesday, January 10, 2023
Vista, Duck Creek, CVR, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Biliary atresia, Albireo, Paya, FDA, Ipsen, Nuvei, AstraZeneca, Vista Equity Partners, Food, Patient, Brodsky, BOLD, Collection, Life insurance

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.

PAYA Alert: Monsey Law Firm of Wohl & Fruchter LLP Investigating Sale of Paya Holdings, Inc. to Nuvei Corporation

Retrieved on: 
Monday, January 9, 2023
Nuvei, Wohl, Wall Street, Sale, Acquisition, PAYA, Security (finance)

MONSEY, New York, Jan. 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Paya Holdings, Inc. (Nasdaq: PAYA) (“Paya”) acted in the best interests of Paya shareholders in approving the sale of Paya to Nuvei Corporation (“Nuvei”) for $9.75 per share in cash.

Key Points: 
  • MONSEY, New York, Jan. 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Paya Holdings, Inc. (Nasdaq: PAYA) (“Paya”) acted in the best interests of Paya shareholders in approving the sale of Paya to Nuvei Corporation (“Nuvei”) for $9.75 per share in cash.
  • On January 9, 2023, Paya announced that it had agreed to be acquired by Nuvei for $9.75 per share in cash.
  • The agreement has been approved by the Paya board of directors (“Board”).
  • “Our investigation concerns whether Paya’s Board acted in the best interests of Paya shareholders in approving the sale,” explained Joshua Fruchter, one of the firm’s name partners.

Nuvei Enters Definitive Agreement to Acquire Paya

Retrieved on: 
Monday, January 9, 2023
Tripura Merger Agreement, Public expenditure, EPS, EBITDA, Bank, Education, Credit, Hand, B2B, Government, Barclays Capital Inc. v. Theflyonthewall.com, Inc., LTM, TSX, Stikeman Elliott, Total, Montreal, Commerce, ISV, GTCR, Mergers and acquisitions, Bank of Montreal, Growth, Health, LLP, ID, PAYA, RBC Capital Markets, Integration, Royal Bank, BMO Capital Markets, Royal Bank of Canada, Acquisition, USD, Wardwell, E-commerce, Online shopping, Fine chemical, Security (finance), Financial adviser, Nuvei

MONTREAL and ATLANTA, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and Paya Holdings Inc. (“Paya”) (Nasdaq: PAYA), a leading provider of integrated payment and commerce solutions in the U.S., today announced that they have entered into a definitive agreement whereby Nuvei will acquire Paya in an all-cash transaction at USD $9.75 per share for total consideration of approximately $1.3 billion.

Key Points: 
  • MONTREAL and ATLANTA, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and Paya Holdings Inc. (“Paya”) (Nasdaq: PAYA), a leading provider of integrated payment and commerce solutions in the U.S., today announced that they have entered into a definitive agreement whereby Nuvei will acquire Paya in an all-cash transaction at USD $9.75 per share for total consideration of approximately $1.3 billion.
  • Pursuant to the terms of the agreement, Nuvei will commence a tender offer to acquire all outstanding shares of Paya for $9.75 per share in cash (approximately $1.3 billion of enterprise value (“EV”) for Paya).
  • Following the successful completion of the tender offer, Nuvei will acquire all remaining shares not tendered in the tender offer through a second-step merger at the same price.
  • The Merger Agreement also includes customary termination provisions for both Nuvei and Paya, and provides that, in connection with the termination of the Merger Agreement under specified circumstances, including termination by Paya to accept and enter into an agreement with respect to a superior proposal, Paya will pay Nuvei a termination fee of approximately $38 million.

PAYA STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Paya Holdings Inc. Is Fair to Shareholders

Retrieved on: 
Monday, January 9, 2023
Class Action Lawsuit, Professional Services, Legal, Nuvei, Sale, Fraud, Advertising, PAYA, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Paya Holdings Inc. (NASDAQ: PAYA) to Nuvei Corporation for $9.75 per share is fair to Paya shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Paya Holdings Inc. (NASDAQ: PAYA) to Nuvei Corporation for $9.75 per share is fair to Paya shareholders.
  • On behalf of Paya shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

WestJet Connects to UATP One Merchant Services for Payment Processing

Retrieved on: 
Wednesday, December 14, 2022
AAL, Air New Zealand, Lufthansa, Travel, AirPlus International, Payment, TUI fly Deutschland, Hotel manager, Atmosphere, Frontier Airlines, WestJet, JetBlue, Qantas, ISE, Delta Air Lines, Shandong Airlines, Partnership, UAL, Link Airways, Datastream, El Al, TSE, BCD Travel, Southwest Airlines, Avianca, Data, LATAM Airlines Group, NYSE, Gol Linhas Aéreas Inteligentes, Public Company Accounting Oversight Board, Nuvei, Etihad Airways, Issuer, GOL, Air China, Air Canada, Airline, EL, AC, Sichuan Airlines, APG Airlines, CEA, Business development, Air Niugini, JP, BSP, Sun Country Airlines, Payment card, Online shopping, Amtrak, UATP, American Airlines, Austrian Airlines, Aeroméxico, United Airlines, Japan Airlines, Turkish Airlines, China Eastern Airlines

WASHINGTON, Dec. 14, 2022 /PRNewswire/ --Global payment network UATP has announced that a portion of WestJet's payment processing is now being serviced through UATP One Merchant Services.

Key Points: 
  • WASHINGTON, Dec. 14, 2022 /PRNewswire/ --Global payment network UATP has announced that a portion of WestJet's payment processing is now being serviced through UATP One Merchant Services.
  • WestJet, an existing UATP Issuer, added UATP One to its product base, utilizing the partnership for acquiring capabilities and enhanced payment processing.
  • UATP One provides a wide range of payment solutions and customized reporting capabilities, as well as an indirect credit card processing solution that connects airlines to all 152 billing and settlement plans (BSP).
  • UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally.

Virgin Atlantic selects Nuvei as a payment partner

Retrieved on: 
Monday, November 28, 2022
COVID-19, TSX, Risk, Partnership, Trust, Joint venture, Retirement, Delta Air Lines, APEX, Travel, City, A350-1000, Virgin Atlantic, Sustainability, Air Transat, Air France–KLM, Airbus, Airline, Online shopping, Nuvei

By partnering with Nuvei, Virgin Atlantic will provide customers with a frictionless payment experience; enabling them to pay using the methods they know and trust, globally.

Key Points: 
  • By partnering with Nuvei, Virgin Atlantic will provide customers with a frictionless payment experience; enabling them to pay using the methods they know and trust, globally.
  • The agreement gives Virgin Atlantic access to Nuveis proprietary modular platform designed to boost acceptance rates and accelerate revenue.
  • Were looking forward to providing Virgin Atlantic customers with seamless, localized and intuitive digital payment experiences, fit for a modern world, Fayer added.
  • Alongside shareholder and Joint Venture partner Delta Air Lines, Virgin Atlantic operates a leading transatlantic network, with onward connections to over 200 cities around the world.

How to survive the impending economic winter: 5 tips from Lithuania's fintechs

Retrieved on: 
Monday, November 28, 2022
Growth, Ruby, Bank of Issue in Poland, Shift4 Payments, Risk, Revel, Optimism, Topaz, Science and technology in Asia, GEM, Agility, POS, CSO, Revel Systems, Bank, Financial services, OECD, Sapphire, Nuvei, EU

9 globally in terms of ML/TF risk, the country offers the perfect business and regulatory environment for aspiring fintechs.

Key Points: 
  • 9 globally in terms of ML/TF risk, the country offers the perfect business and regulatory environment for aspiring fintechs.
  • With 265 (and counting) fintech companies, Lithuania is where many new ideas and practices are put to the test.
  • "It's about supporting clients' needs, having a passion and focus to innovate and deliver, which ultimately helps businesses accelerate their growth."
  • With GEM, however, trips are made available to all employees who've received an Emerald nomination from a co-worker.

Nuvei accelerates roll out of embedded payments solution

Retrieved on: 
Tuesday, November 15, 2022
Platform, Risk, E-commerce, Fraud, Risk management, TSX, Cryptocurrency, Online shopping, Nuvei

Montreal, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Nuvei Corporation (Nuvei or the Company) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the launch of Nuvei for Platforms, a payments solution being rolled out globally.

Key Points: 
  • Montreal, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Nuvei Corporation (Nuvei or the Company) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the launch of Nuvei for Platforms, a payments solution being rolled out globally.
  • The fully customizable product enables businesses to embed payments into their own platforms as either a Nuvei branded or white label offering.
  • We are thrilled to launch Nuvei for Platforms and help more companies accelerate their business, said Nuvei CEO and Chair Philip Fayer.
  • Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world.

The Superior Court of Quebec Grants Leave under Quebec Securities Act to Institute Class Action Proceedings as against PricewaterhouseCoopers LLP for Settlement purposes only

Retrieved on: 
Sunday, November 13, 2022
Court, Misrepresentation, Superior court, Indian Residential Schools Settlement Agreement, Exercise, Applicant (sketch), PricewaterhouseCoopers, Judgement, II, CAD, QSA, Civil code, Settlement, MONTRAL, Person, TSX, Nasdaq, Action, Appendix, Insurance, Nuvei, Enrique Dussel

MONTRÉAL, Nov. 13, 2022 /PRNewswire/ -- On November 1, 2022, the Superior Court of Quebec granted authorization to the lead Plaintiff to exercise a class action as against PricewaterhouseCoopers LLP, the Canadian member firm in the PwC network of firms, ("PwC") under the Québec Securities Act ("QSA") for the sole purpose of a Settlement (the "Settlement").

Key Points: 
  • The Action will be continuing as against Nuvei and the other non-settling defendants.
  • This notice does not mean that the Court has found liability or a likelihood of recovery on the part of any Class Member.
  • Settlement Class members who want to be bound by the PwC Settlement are automatically included and need not do anything at this time.
  • Settlement Class Members who do not want to be bound by the PwC Settlement must "opt out," meaning that they must exclude themselves from the PwC Settlement.

OnBuy selects Nuvei for digital marketplace payments

Retrieved on: 
Wednesday, November 9, 2022
GLOBE, E-commerce, Partnership, Risk, Growth, TSX, Technology, Online shopping, Cryptocurrency, Nuvei

The payment technology partnership with Nuvei is a key part of its growth strategy to cement its name as a trusted marketplace powerhouse in the UK.

Key Points: 
  • The payment technology partnership with Nuvei is a key part of its growth strategy to cement its name as a trusted marketplace powerhouse in the UK.
  • OnBuy will draw on more than 580 alternative payment methods Nuvei provides and its on-demand payment technology support.
  • Card processing and acquiring are also part of a mix of payment technology services provided to OnBuy by Nuvei.
  • This partnership with Nuvei is the first step on our roadmap to give our customers and retailers a new, incredibly exciting version of OnBuy.