Nuvei Stock Price, News & Analysis

Nuvei Corporation (Nasdaq: NVEI) is expanding its partnership with Novibet to enable the acceptance of Apple Pay, enhancing payment options for players. This integration allows players to make deposits and request payouts through Apple Pay, improving user experience. Novibet, a major player in the European online betting market, plans to grow its international presence, including upcoming launches in the U.S., Mexico, and Canada. Nuvei's expertise in international markets and customizable payment solutions strengthens its position as a leading payments partner in the gaming industry.

Nuvei Corporation (Nasdaq: NVEI) announced a partnership with Eneba, a global gaming marketplace, enhancing its payment solutions. Eneba, with over 5 million active users, will utilize Nuvei's extensive payment options, featuring over 530 methods, to improve customer experience and boost revenue. This collaboration aims to provide a seamless shopping experience, leveraging Nuvei's industry-leading technology to ensure reliability and scalability. Both companies emphasize the importance of trust and safety in online gaming transactions, enabling a more accessible marketplace for gamers worldwide.

Nuvei Corporation (Nasdaq: NVEI) announced a partnership with nextmarkets, a commission-free online broker in Europe. This collaboration aims to enhance nextmarkets' payment capabilities and support its international expansion. Utilizing Nuvei’s platform, nextmarkets will provide over 530 payment methods, facilitating seamless transactions for clients. The partnership aligns with their shared vision of democratizing trading experiences. Nextmarkets operates in seven European markets and offers commission-free trading on thousands of equities and ETFs.

Nuvei (Nasdaq: NVEI) has partnered with Aircash, Croatia's leading mobile wallet, to support its expansion across Europe by providing acquiring and payment gateway services along with over 530 alternative payment methods. This strategic collaboration aims to help Aircash replicate its success in Croatia in markets like Germany, Austria, and Slovenia. Aircash has grown to over 350,000 users, transferring more than 35 million euros monthly. The partnership will enhance Aircash's capabilities for cross-border payments and goods and services transactions, boosting its market presence in the EU.

Nuvei Corporation (Nasdaq: NVEI) has enhanced its integration with XDC Network by collaborating with the XDCPay Web3 wallet. This allows users to purchase XDC using Visa, Mastercard, and Apple Pay with over 100 local currencies. XDCPay simplifies access to decentralized finance and applications, promoting broader market participation. This partnership, which began in July 2021, aims to streamline transactions within the XDC ecosystem, further propelling its growth and user engagement in decentralized finance.

Nuvei Corporation (Nasdaq: NVEI) has announced an automatic share purchase plan (ASPP) related to its previously disclosed normal course issuer bid (NCIB). This plan enables the purchase of up to 6,617,416 subordinate voting shares during regulatory blackout periods. The designated broker will make purchases based on pre-set parameters, effective March 18, 2022. As of now, Nuvei has already acquired 1,175,766 shares under the NCIB.

Nuvei Corporation (Nasdaq: NVEI) has partnered with Ledger to offer direct on-ramps for over 125 cryptocurrencies via its Simplex solution. Users can purchase crypto using various fiat options like Visa and Mastercard, enhancing security and usability by eliminating the need for external exchanges. This integration allows Ledger users to have broader funding options and guarantees protection against fraud. The CEO of Nuvei emphasized the importance of streamlined access to crypto for ecosystem growth, while Ledger's VP noted that the partnership expands their service offerings.

Nuvei Corporation (Nasdaq: NVEI) has partnered with Scout Gaming to enhance online payments for its US-based daily fantasy sports platform, FanTeam. This collaboration will grant FanTeam access to over 500 innovative payment methods across 200+ markets, allowing for improved customer retention and increased acceptance rates. The support from Nuvei is expected to solidify its position as a leading payments partner in the rapidly growing fantasy sports and sports betting industries, backed by its advanced payment processing services.

Nuvei Corporation (Nasdaq: NVEI) has announced significant leadership changes to enhance its global growth strategy. Yuval Ziv has been promoted to President, overseeing product, sales, and AI capabilities. Praful Morar has been appointed Global Expansion Officer to lead international growth, relocating to Singapore. Netanel Kabala becomes Chief Data and Analytics Officer, focusing on data-led services. These strategic appointments aim to strengthen Nuvei's management team and support its commitment to high-growth markets and innovation.