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Nuvei Corporation Subordinate Voting Shares - $NVEI STOCK NEWS

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Nuvei reported its financial results for the first quarter of 2024, showing significant growth in total volume, revenue, and adjusted EBITDA. The company also announced a cash dividend and a proposed transaction to be taken private by Advent International. Revenue increased across all geographies, and the company plans to delist from stock exchanges after the transaction.

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Nuvei is set to release its first quarter 2024 results on May 7, 2024. The company recently entered into a definitive agreement to go private with Advent International for US$34.00 per share, valuing the company at around US$6.3 billion.
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Nuvei launches Invoice Financing services integrated into leading ERPs, allowing businesses to expedite payments from customer invoices. The service helps optimize cash flow, improve DSO, and provides access to working capital within 24 hours. Nuvei aims to support businesses in managing finances effectively during high-interest rate periods.
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Nuvei obtains a Major Payment Institution license in Singapore, expanding its global reach and services in the Asia-Pacific region. The license allows Nuvei to provide various payment services, including domestic and cross-border money transfers, and merchant acquisition services. Nuvei's cutting-edge technology aims to optimize operating costs, boost conversion rates, and enhance the payment experience for businesses in Singapore.
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Nuvei announces a definitive arrangement agreement with Advent International to be taken private in a US$6.3 billion transaction. Shareholders to receive US$34.00 per share in cash, representing a 56% premium. Existing shareholders to roll over a majority of their equity. Nuvei's leadership team to remain intact. Transaction expected to close in late 2024 or early 2025.
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Nuvei partners with Charles & Keith to optimize eCommerce payments, enabling tailored online checkout experiences. The partnership has led to double-digit growth in eCommerce revenues for Charles & Keith.
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Nuvei (NVEI) is considering a potential going-private transaction following expressions of interest received by the company. The board of directors has formed a special committee to evaluate strategic alternatives, including continued significant ownership by key shareholders.
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31.8%
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Nuvei partners with The Master Group to enhance payments functionality and drive growth in Canada. Nuvei's unified commerce solution enables seamless card payments online and in-store, expanding market reach and improving customer experience.
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-2.48%
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Nuvei Corporation announces participation in investor conferences to discuss financial strategies and innovations in the fintech sector.
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Nuvei Corporation announces advanced network tokenization solution to enhance payment platform, boosting card payment conversion rates by up to 2.1%. The solution introduces frictionless first-time payments, automatic token updates, and smart cascading technology, setting a new standard for efficiency and customer satisfaction. Nuvei aims to offer 'tokenization-as-a-service' globally in the near future.
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Nuvei Corporation Subordinate Voting Shares

Nasdaq:NVEI

NVEI Rankings

NVEI Stock Data

4.52B
63.31M
0.28%
54.7%
0.84%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
United States of America
Montreal

About NVEI

nuvei (nasdaq: nvei) (tsx: nvei) is tomorrow’s payment platform. designed to accelerate customers’ business, nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. connecting businesses to their customers in more than 200 markets, with local acquiring in 46 markets, 150 currencies and more than 550 alternative payment methods, including cryptocurrencies, nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.