Nuvei

Montreal, Canada Founded: 2003 • Age: 23 yrs Acquired By Advent International
Payment processing solutions are delivered to merchants and businesses.
Annual revenue - Latest available
Total funding $321.7M 5 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Nuvei

Nuvei is a company based in Montreal (Canada) founded in 2003 by Philip Fayer was acquired by Advent International in April 2024. Nuvei has raised $321.71 million across 5 funding rounds from investors including Goldman Sachs, NovaCap and Caisse de depot et placement du Quebec. Nuvei has completed 12 acquisitions, including Base Commerce, Capital Processing Network and CreditGuard. Nuvei operates in a competitive market with competitors including Flutterwave, Square, Modern Treasury, HighRadius and Network Merchants, among others.

  • Headquarter Montreal, Canada
  • Founders Philip Fayer
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $321.71 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Base Commerce

    & 11 more

  • Acquired by
    Advent International

    (Apr 01, 2024)

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People of Nuvei

Headcount 1000-5000
Employee Profiles 415
Employee Profiles
People
David Schwartz
CFO
People
Alexandru Petrila
Product Manager
People
Jeremiah Glodoveza
Senior Vice President, Global Head Of Brand Communications
People
Louis Georgakakis
Head Of Brand

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Funding Insights of Nuvei

Nuvei has successfully raised a total of $321.71M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Nuvei

Nuvei has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, NovaCap and Caisse de depot et placement du Quebec.

All
Venture Fund
Investor Description Founded Year Domain Location
Acquisitions are targeted by Novacap, a private equity firm.
Locked Locked Locked
Investment strategies are provided across diverse asset classes and markets.
Locked Locked Locked
Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
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Investor details for Nuvei

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  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Nuvei

Nuvei has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Base Commerce, Capital Processing Network and CreditGuard.

Investments
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Investment portfolio details for Nuvei

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Payment processing solutions are provided for businesses worldwide.
Locked Locked 2019 Locked
AI-based crypto payments and fraud prevention are provided for businesses.
Locked Locked 2014 Locked
Real-time online bank transfers are enabled for e-commerce payments.
Locked Locked 2009 Locked
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Complete acquisition details for Nuvei

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Financial Statements - Nuvei

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Detailed financials for Nuvei

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Nuvei Comparisons

Nuvei Primary company
Description
Payment processing solutions are delivered to merchants and ...
Location
Montreal, Canada
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Nuvei

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Competitors of Nuvei

Nuvei operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, Square, Modern Treasury, HighRadius and Network Merchants, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of payment processing solutions for businesses
Locked Locked Locked
POS solutions are provided for retail businesses.
Locked Locked Locked
Payment processing and treasury management solutions are offered to businesses.
Locked Locked Locked
Autonomous finance and payment solutions are provided to businesses.
Locked Locked Locked
White-label payment gateways are built for global e-commerce transactions.
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Detailed competitors of Nuvei

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Latest news on Nuvei

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Complete news archive for Nuvei

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Frequently Asked Questions about Nuvei

Nuvei was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Nuvei is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Philip Fayer is the current CEO of Nuvei. They have also founded this company.

Nuvei is a funded company, having raised a total of $321.71M across 5 funding rounds to date.

Founded in 2003 and headquartered in Montreal, Canada, Nuvei operates in the financial technology sector. Services encompass payment processing, mobile payments, hardware POS terminals, QR-based transactions, fraud management, batch processing options, and chargeback handling. These capabilities support merchants globally, with a focus on secure and efficient transaction management across various business scales.

Nuvei's top competitors include Flutterwave, Square and Modern Treasury.

Nuvei has made 12 acquisitions, including Base Commerce, Capital Processing Network, and CreditGuard.

Nuvei has 4 investors. Key investors include Goldman Sachs, NovaCap, Caisse de depot et placement du Quebec, and Advent International.

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