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Founded
2003-01-01 in Montreal, Quebec, Canada
Headquarters
1100 Boulevard René‑Lévesque O, Suite 900, Montreal, Quebec H3B 4N4, Canada

Nuvei Corporation is a Canadian multinational payment technology company founded in 2003 by Philip Fayer, originally as Pivotal Payments. Headquartered in Montreal, Quebec, Nuvei provides a modular payment platform that enables businesses to accept payments, make payouts, and manage risk through a single integration. The company connects merchants to customers in over 200 markets, supports 150 currencies, and offers more than 720 alternative payment methods. It serves high-growth verticals including e-commerce, digital goods, travel, financial services, and iGaming. In early 2025, Nuvei was taken private by Advent International in a US$6.3 billion all-cash deal alongside existing shareholders Philip Fayer, Novacap, and CDPQ. The company has major offices in Montreal, Scottsdale, and Tel Aviv and employs between 1,001 and 5,000 people globally. Nuvei is recognized for its strong presence in iGaming, offering regulatory-compliant payment solutions for online gaming and sports betting operators.

Detailed Review

History and Founding

Nuvei was founded by Philip Fayer in 2003 as Pivotal Payments, a traditional merchant acquirer and payment processor for small to medium‑sized businesses. Over the years, the company expanded through organic growth and strategic acquisitions, notably the purchase of SafeCharge in 2019 for $889 million, which significantly boosted its global acquiring and alternative payment method capabilities. The company rebranded as Nuvei in 2018, ahead of its initial public offering on the Toronto Stock Exchange and later on the New York Stock Exchange under the ticker NVEI.

Platform and Products

Nuvei’s platform is built on a cloud‑native architecture that offers a single unified API for pay‑ins, payouts, and data analytics, allowing merchants to manage all payment needs from one dashboard. It supports a wide range of payment methods, including credit/debit cards, bank transfers, e‑wallets, and local methods such as Interac (Canada), Faster Payments (UK), Pix (Brazil), and iDEAL (Netherlands). The platform also includes risk management and fraud detection powered by machine learning, and provides card issuing services for businesses. Key products include the Global Payment Platform, Local Acquiring in 50 markets, over 720 alternative payment methods, Risk Management Suite, Card Issuing, Embedded Payments for Platforms, Instant Bank Transfer solutions, and Nuvei Cashier.

Market Position and Recent News

Nuvei has a strong focus on high‑growth verticals, particularly iGaming and sports betting, where it offers regulatory‑compliant payment solutions across multiple jurisdictions. The company’s technology is designed to help merchants optimise conversion rates, reduce costs, and scale globally. In February 2025, Nuvei was acquired by private equity firm Advent International in a deal valued at approximately US$6.3 billion, taking the company private. The acquisition aimed to accelerate growth and investment in product innovation away from public market pressures. Shortly thereafter, in May 2025, Nuvei strengthened its leadership team by appointing Samir Zabaneh as Chief Operating Officer, David McLaughlin as Chief Financial Officer, and Eli Rosner as Chief Product and Technology Officer. Founder Philip Fayer remains Chair and CEO. The company continues to expand its global footprint, launching in Japan in January 2025 and integrating Google Pay for LATAM customers.

Key Products

  • Global Payment Platform

    Unified API for accepting pay-ins, executing payouts, and accessing transaction data from a single integration.

  • Local Acquiring

    Direct acquiring in 50 markets to improve conversion and reduce costs.

  • Alternative Payment Methods (APMs)

    Over 720 APMs, including e-wallets, bank transfers, mobile money, and local methods.

  • Risk Management Suite

    Fraud detection, risk scoring, and chargeback management using machine learning.

  • Card Issuing

    Virtual and physical card issuing for businesses, enabling spend management and disbursements.

  • Embedded Payments for Platforms

    Solutions for marketplaces and software platforms to integrate payments natively.

  • Instant Bank Transfer

    Solutions such as Interac (Canada) and Faster Payments (UK) for real-time account-to-account transfers.

  • Nuvei Cashier

    A hosted checkout page for quick implementation and high conversion.

Key Persons

Exhibition History

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