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Nuvei Corporation (NVEI) is a leading fintech innovator providing modular payment solutions across 200+ global markets. This page aggregates official news and press releases about the company’s strategic initiatives, financial performance, and technological advancements in digital payments.
Investors and industry professionals will find real-time updates on earnings reports, partnership announcements, product launches, and market expansions. Key coverage areas include payment technology innovations, regulatory developments, and cross-border transaction solutions that define Nuvei’s position in the fintech sector.
All content is curated to provide actionable insights while maintaining compliance with financial disclosure standards. Bookmark this page to stay informed about Nuvei’s global payment infrastructure developments, risk management strategies, and emerging market partnerships.
Nuvei Corporation (Nasdaq: NVEI) announced its financial results for Q3 and nine months ended September 30, 2022. Key metrics include:
- Total volume grew 30% to $28 billion, with constant currency growth at 38%.
- Revenue increased by 7% to $197 million, though impacted by $11.5 million in foreign exchange losses.
- Net income dropped 54% to $13 million due to share-based payment increases.
- Cash balance remained stable at $754 million.
The company expects continued growth, reaffirming its full-year outlook.
Nuvei Corporation (Nasdaq: NVEI) has appointed Vicky Bindra as the new Chief Product and Operations Officer, effective November 14, 2022. Bindra, previously Chief Product Officer at FIS, brings extensive fintech experience, including leadership roles at Pine Labs, Mastercard, and Visa. His responsibilities will include overseeing product development and operations to enhance revenue generation for Nuvei’s customers. CEO Phil Fayer expressed optimism about Bindra's expertise and leadership, anticipating positive contributions to the company’s growth strategy.
Nuvei Corporation (Nasdaq: NVEI) has announced its third quarter 2022 financial results will be released on November 3, 2022, before market open. A conference call will follow at 8:30 am ET, led by CEO Philip Fayer and CFO David Schwartz. This call will be available via webcast on the company’s investor relations website, with a replay accessible after the live event. Nuvei operates in over 200 markets, providing scalable payment technology and fraud management services.
Nuvei Corporation (Nasdaq: NVEI) has introduced instant settlement options for merchants worldwide, specifically utilizing EUROC and USDT stablecoins. This enhancement allows merchants to benefit from round-the-clock liquidity, especially in regions lacking traditional payment solutions such as Instant SEPA or RTP. Stablecoins provide a bridge between cryptocurrency flexibility and traditional currency stability, facilitating better cash flow management. Nuvei's initiative aligns with its mission to support merchants in accelerating their business through innovative payment methods.
Nuvei (Nasdaq: NVEI) has been selected by Vanguard Truck Centers as a payment provider to enhance their operations across the U.S. commercial truck dealer group. This partnership aims to optimize business-to-business payment processing, benefiting from Nuvei’s end-to-end solutions.
The U.S. trucking industry was valued at $732 billion in 2020, demonstrating significant market potential. Vanguard operates in 24 locations and offers a range of services, including truck sales and leasing. This collaboration is expected to improve payment processes and customer experiences while supporting Vanguard's growth strategy.
Nuvei Corporation (Nasdaq: NVEI) has partnered with Lottomatica, a leading iGaming operator in Italy, to provide exclusive payment technology. This collaboration aims to enhance player experience through integrated cashier technology and local acquiring solutions to streamline deposits and withdrawals. Nuvei's system offers various alternative payment methods, facilitating improved transaction efficiency. The agreement positions Nuvei as a premier payments provider in the iGaming sector across Europe.
Nuvei Corporation (Nasdaq: NVEI) announces the launch of Nuvei Simply Connect, a customizable payment interface aimed at helping businesses scale efficiently. This Software Developer Kit (SDK) offers a user-friendly solution for merchants lacking significant in-house development resources, providing them with enterprise-grade features such as extensive payment methods, fraud management, and compliance tools. Designed for businesses of all sizes, Simply Connect enhances customer experience by allowing easy customization of the transaction page to fit existing site layouts.
Nuvei has partnered with Kindred Group to enhance its payment services for online gambling in key European markets. This collaboration allows Kindred players to seamlessly deposit and withdraw funds using Nuvei's advanced payment technology, which optimizes card acceptance rates and boosts player conversion. With Kindred operating well-known brands like Unibet and 32Red, this partnership aims to drive revenue growth through improved payment experiences. Both companies express confidence in enhancing customer engagement and expanding market presence.
Nuvei Corporation (Nasdaq: NVEI) partners with Arcadier, enhancing their global expansion in the B2B and B2C marketplace sectors. This collaboration allows Arcadier's merchants to access tailored payment solutions, with over 570 alternative payment methods integrated into their platforms. Notably, Nuvei's technology simplifies payment processing and onboarding, crucial for accelerating revenue. With marketplaces accounting for 57% of eCommerce sales, this partnership is poised to leverage significant market opportunities.
Nuvei Corporation (Nasdaq: NVEI) has announced its participation in several investor conferences in September 2022.
The events include the Susquehanna Virtual Gambling and Technology Ecosystem Forum on September 7, Goldman Sachs 2022 Communacopia and Technology Conference on September 12, and the Autonomous 7th Annual Future of Commerce Symposium on September 16. Additionally, Nuvei will attend the BMO Digital Banking Summit on September 20 and the CIBC 21st Annual Eastern Institutional Investor Conference on September 22.
Webcasts of these presentations will be available on Nuvei’s investor relations website.
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