Montreal, May 18, 2021 – New research from strategy consulting firm Edgar, Dunn & Company specialized in payments and digital financial services, commissioned by Nuvei Corporation (TSX: NVEI and NVEI.U), highlights the importance for marketplaces to build a future-proof payment strategy to maximize the opportunity for growth. The report “The Evolving Needs of Today’s Marketplace. Leveraging payment technology as a growth catalyst” also analyses best practices for marketplaces to optimize their payment processes and increase profitability.

A Nuvei report published in 2017 predicted that by 2020, around 40% of the world’s online retail market would be controlled by marketplaces. A recent analysis conducted by Digital Commerce 360 demonstrates that the marketplace share of total global web sales was actually 62% in 2020. Accelerated by local lockdowns during the pandemic, marketplaces experienced 81% growth in 2020, according to marketplace platform provider Mirakl’s Enterprise Marketplace Index. To capitalize on this faster than expected growth, many marketplaces now seek to create an entire ecosystem with large product choice as a means to retain and increase customer loyalty.

“Marketplaces face numerous complexities and need to constantly look at how the changing requirements of buyers, sellers and various external stakeholders impact their business model”, says Greg Toussaint, director at Edgar, Dunn & Company. “Being at the center of this intricate ecosystem, marketplaces now need to introduce new payment functionalities and solutions that cater to the needs of their local and global audiences.”

“Online sales have been accelerating due to rapidly changing consumer behavior, coupled with the increased accessibility and convenience of digital payments. This has created unique opportunities for marketplaces,” said Philip Fayer, Nuvei’s Chair and CEO. “Leveraging key payment best practices can support marketplace expansion to meet ever-increasing demand from both sellers and their customers.”

The report highlights key payments challenges that have become central for marketplace ecosystems. These include:

• Buyers/sellers onboarding: An often highly manual and time-consuming process which needs to be compliant with regulations. This can be problematic, in particular when onboarding non-local sellers.
• Pay-ins and pay-outs: Managing transactions can be challenging in terms of tax issues, reporting and reconciliation if the pay-in and pay-out providers are different. Equally, currency management and frequency, delay and cost of pay-outs significantly impact engagement and loyalty.
• Payment acceptance: Marketplaces need to offer a frictionless, secure and efficient payment experience, including local payment methods and emerging payment methods as these can significantly increase conversion rates.
• Regulatory constraints: In Europe, marketplaces are facing regulatory challenges including from PSD2 – imposing the regulatory requirement for handling funds between a seller and a buyer -, a European Regulation review of VAT payments for purchases made via marketplaces, and Strong Customer Authentication (SCA). In North America, marketplaces are accountable for fraud committed by sellers, and are responsible for verifying seller information.
• Financial reconciliation: Mixed baskets (one order including multiple sellers) can create issues of financial reconciliation at the time of delivery. Equally, split payments can involve high costs depending on the payment model when conducting settlements to multiple sellers rather than for the entire transaction.
• Fraud: Due to the significant increase in online payment volume, marketplaces have become increasingly attractive to fraudsters. This includes seller fraud and fake identities, money laundering and credit card theft.

To navigate the challenges, the report lists seven best practices related to payments and how these can be implemented. They are based on interviews with marketplaces as well as platforms and fraud and payments solution providers. The report recommends that marketplaces assess their current state of payments first, by conducting a 360-degree payments diagnostic. This enables them to focus on payment initiatives based on business priorities and to develop a roadmap to support their strategy.

“A boom in eCommerce sales and the evolution in customer behavior, following the COVID-19 crisis, have created attractive opportunities for marketplaces”, said Yuval Ziv, Nuvei’s managing director, digital payments. “Optimizing the customer journey through frictionless payment experiences will be more important than ever in order to remain relevant in this competitive environment.”

The report “The Evolving Needs of Today’s Marketplace. Leveraging payment technology as a growth catalyst” is based on a series of interviews with industry experts and marketplaces. The white paper is available for download at https://try.nuvei.com/mwp01.

About Nuvei

We are Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform connects merchants in 200 markets worldwide with local acquiring in 44 markets, supports 470 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies. Our purpose is to make our world a local marketplace.

For more information, visit www.nuvei.com.

Contact:

Investor Relations
IR@nuvei.com

Public Relations
PR@nuvei.com

About Edgar, Dunn & Company

Edgar, Dunn & Company is an independent and global strategy consulting firm specializing in payments and digital financial services. The firm was founded on two fundamental principles of client service: provide deep expertise that enhances clients’ perspectives and deliver actionable advice that enables clients to create measurable, sustainable change in their organizations. Established in 1978 in the United States, Edgar, Dunn & Company has expanded to meet the needs of its increasingly global client base. Today it serves clients in more than 45 countries on six continents from its locations in San Francisco, London, Paris, Frankfurt, Dubai and Sydney.

For more information, visit https://edgardunn.com/.

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include but are not limited to those described under the “Risks Factors” section of the Company’s annual information form filed on March 17, 2021. Forward-looking information is based on management’s beliefs and assumptions and on information currently available to management. Although the forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

Nuvei reports in U.S. dollars and in accordance with IFRS

MONTREAL, Nov. 11, 2020 — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today reported financial results for its third quarter of 2020.

“I am incredibly proud of all that we accomplished in the third quarter, as we embarked on our journey as a publicly-traded company. We believe our performance, which included total volume* of $11.5 billion along with strong revenue growth, is a testament to the strength of our technology, business model and focus on high growth verticals,” said Philip Fayer, Nuvei’s chairman and CEO. “Furthermore, we made significant progress executing our growth strategy, broadening our capabilities and footprint, as well as winning many notable clients. We earned regulatory approval in the states of Indiana and Colorado for sports betting, and launched local acquiring in Hong Kong, Singapore, Russia, Brazil, and Columbia, meaningfully expanding our total addressable market. Lastly, we were thrilled last week to announce the closing of the Smart2Pay acquisition, which not only strengthens our global presence in high-growth markets including digital gaming, but allows us to offer a more complete, robust alternative payment solution. Looking ahead, we are well positioned to continue to scale the business and drive shareholder value.”

Financial Highlights for the Three Months Ended September 30, 2020

• Total volume was $11.5 billion, an increase of 62% as compared to $7.1 billion in the third quarter of 2019
• Revenue was $93.6 million, an increase of 32% as compared to $70.8 million in the third quarter of 2019
• Net loss in the quarter was $77.9 million, as compared to $65.7 million in the third quarter of 2019
• Net loss included $83.4 million in non-cash finance costs resulting from the Company’s initial public offering (“IPO”) and associated valuation
• Adjusted EBITDA** was $41.0 million, an increase of 59% as compared to $25.8 million in the third quarter of 2019
• Adjusted net income** was $16.5 million, as compared to $2.2 million in the third quarter of 2019
• Following Nuvei’s successful IPO in September, the Company used the net proceeds for the repayment of debt. The Company ended the quarter with $99.4 million in usage of its credit facilities (net of unamortized transaction costs), down from $717.8 million (net of unamortized transaction costs) as at December 31, 2019. In addition, unsecured convertible debentures and liability classified common and preferred shares were fully converted or repaid as a result of the IPO.

Recent Operational Highlights

• The Company made significant progress on its strategic plan to support the fast-growing U.S. sports betting industry launching its first pilot merchant, Carousel, in Colorado. In August, Nuvei was awarded a certificate of registration for sports wagering from the Indiana Gaming Commission, and in September, the Company received its sports betting vendor license from Colorado’s Division of Gaming. In addition, the Company is in the process of applying for approval in all other states that permit online sports betting and gaming.
• Nuvei has accelerated its new client wins by signing many notable merchants in the quarter including Kwiff, Maxbet, Superbet, Wargaming, Oanda, Pepperstone, and Rinascente, across the gaming, financial services, and marketplace verticals. This provides strong momentum into the fourth quarter and 2021.
• Nuvei continued to execute on its strategic plan by expanding its footprint geographically, launching local processing solutions in Hong Kong, Singapore, Russia, Brazil, and Colombia. These new markets enlarge the Company’s total addressable market, providing extended reach for existing merchants and enabling Nuvei to win new merchants in those countries.
• The Company expanded its support for cryptocurrency exchanges, onboarding two exchanges during the quarter.
• The Company continues to enhance its offering including foreign exchange services, PSD2 mandate support, early warning dispute management solutions and payout capabilities that includes the launch of Mastercard MoneySend.

Initial Public Offering
On September 22, 2020, Nuvei announced the successful closing of its IPO. The IPO, along with a concurrent private placement, raised $833 million in aggregate proceeds resulting in $758 million of proceeds to the Company.

Subsequent Event
On November 2, 2020, the Company announced the completion of its previously disclosed acquisition of Smart2Pay Global Services B.V. (“Smart2Pay”), demonstrating the Company’s commitment to growth through strategic acquisitions. The total consideration was settled with $82.9 million in cash, and the balance with 6,711,923 shares issued by the Company. The Smart2Pay acquisition strengthens Nuvei’s presence in the high-growth digital gaming space and further expands the Company’s geographic footprint in additional regions including Russia, Brazil, as well as adding UnionPay processing. Furthermore, the transaction creates one of the largest and most complete alternative payment method (“APM”) solution providers in the world, with 450 APMs supporting global commerce, all through a single integration.

Outlook
Total volume in the fourth quarter of 2020 to date continues to be strong with year-over-year growth in line with the third quarter of 2020. The following should also be considered for the fourth quarter of 2020:

• The results of Smart2Pay will be included in the Company’s results as of the date of closing, November 2, 2020.
• The fourth quarter of 2020 will represent the Company’s first full quarter as a public company. As a result, incremental costs pertaining to being a public company will be incurred in the quarter.
• The Company continues to invest in its direct sales force.

*Total volume does not represent revenue earned by the Company, but rather the total dollar value of transactions processed by merchants under contractual agreement with the Company. Total volume is explained in further detail in the Company’s MD&A.

**Adjusted EBITDA and Adjusted net income are non-IFRS measures. Reconciliations of these non-IFRS measures to the most directly comparable IFRS financial measures are included in the tables at the end of this press release. An explanation of these measures and how they are calculated are also included under the heading “Non-IFRS Financial Measures”.

Conference Call
Nuvei will host a conference call to discuss third quarter 2020 financial results today at 8:30 am ET. Hosting the call will be Philip Fayer, Chairman and CEO, and David Schwartz, CFO.

The conference call will be webcast live from the Company’s investor relations website at https://investors.nuvei.com/ under the “Events & Presentations” section. The conference call can also be accessed live over the phone by dialing 877-425-9470 (US/Canada Toll-Free), or 201-389-0878 (International). A replay will be available approximately two hours after the call, and can be accessed by dialing 844-512-2921 (US/Canada Toll-Free), or 412-317-6671 (International); the conference ID is 13711347. The replay will be available until Wednesday, November 25, 2020. An archive of the webcast will be available at the same location on the website shortly after the call has concluded.

The complete financial results are available at Sedar (www.sedar.com), as well as at Nuvei’s investor relations website.

About Nuvei
We are Nuvei, the payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform offers direct connections to all major payment card schemes worldwide, supports 450 local and alternative payment methods and nearly 150 currencies. Our purpose is to make our world a local marketplace. For more information, visit www.nuvei.com.

Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable securities laws, including statements with regard to our objectives and the strategies to achieve these objectives. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to those described under “Risk Factors” in Nuvei’s supplemented prep prospectus dated September 16, 2020. Forward-looking information is based on management’s beliefs and assumptions and on information currently available to management. Although the forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

Non-IFRS Financial Measures
The information presented within this news release includes the non-IFRS financial measures, “Adjusted EBITDA” and “Adjusted Net Income”. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management’s perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. These non-IFRS measures are used to provide investors with a supplemental measure of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. We also believe that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Our management also uses non-IFRS measures to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation. We believe Adjusted EBITDA and Adjusted Net Income are important supplemental measures of Nuvei’s performance, primarily because these and similar measures are used widely among others in the payments industry as a means of evaluating a company’s underlying operating performance.

Adjusted EBITDA is defined as net income (loss) before finance costs, finance income, depreciation and amortization, income taxes expense/recovery, acquisition, integration and severance costs, share-based payments, net gain/loss on foreign currency exchange, and other.

Adjusted net income is defined as net income (loss) before acquisition, integration and severance costs, share-based payments, net gain/loss on foreign currency exchange, amortization of certain intangible assets, and the related income tax expense or recovery for these items. Adjusted net income also excludes change in redemption value of liability-classified common and preferred shares and accelerated amortization of deferred transaction costs.

Contact:
Investor Relations
NuveiIR@icrinc.com

Public Relations
Nuvei-PR@icrinc.com

MONTREAL, Aug. 25, 2022 (GLOBE NEWSWIRE) –  Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, announces the publication of its inaugural Environmental, Social, and Governance (“ESG”) report.

The report sets out Nuvei’s ongoing drive to build sustainable business practices to protect the environment, support the communities in which it operates and create value for employees, investors, and customers.

“Nuvei’s value creation story is simple: we only grow when our stakeholders thrive,” said Nuvei Chair and CEO Philip Fayer. “So, whether it is helping our customers accelerate their business, fostering an engaged and diverse workforce, supporting our local communities or achieving superior financial results for our shareholders, it is clear that embedding ESG into our operations benefits Nuvei and creates long-term value for all of our stakeholders.”

The report highlights Nuvei’s ESG commitment to sustainable and responsible business practices and disclosures, focusing on:

• Responsible Commerce: using our unique position to expand financial access, enhance transparency, support ethical transactions while at the same time building partnerships that promote responsible and ethical practices that help serve our communities.
• Human Capital Management: applying a human touch in supporting our team members in their professional development and fostering purposeful and meaningful work.
• Diversity, Equity and Inclusion: continuing to build and expand our multicultural and diverse workforce in ways that fit our purpose and represent our local and global reach.
• Data Privacy: prioritizing the protection and privacy of sensitive data and information for all stakeholders including our customers’, partners’ and team members’.
• Cybersecurity: continuously improving our security posture of detecting, preventing and responding to cybersecurity threats and implementing globally accepted best practices and standards.
• Environmental Stewardship: advancing our efforts to reduce the environmental impact of our business.
• Corporate Governance: ensuring integrity, accountability and transparency are foundational to our corporate governance program and are integral to how we conduct ourselves each and every day.
• Ethics and Compliance: upholding a high degree of ethics and maintaining robust risk management policies and procedures, to develop and deploy rigorous compliance programs.

“We know we are just getting started on our ESG journey and as Nuvei continues to grow, we recognize that we can make a real difference. So, on behalf of our colleagues around the world, I am proud of the steps we have taken so far. I am even more excited for what is still to come,” Fayer said.

The ESG report is available at https://nuvei.com/esg2021.

About Nuvei

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 45+ markets, 150 currencies and more than 570 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

For more information, visit www.nuvei.com.

Contact:

Investor Relations

anthony.gerstein@nuvei.com

Public Relations

chris.ferguson@nuvei.com

MONTREAL, January 12, 2021 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, has today announced the release of its latest white paper, Mystery to Opportunity: The Future of Crypto Payments. It uncovers detailed facts and compelling statistics on cryptocurrencies as a viable payment method in eCommerce.

This whitepaper deep dives into the current and future use cases of crypto, dispels the most common misconceptions of digital currencies, and explores which likely scenarios will tip crypto into mainstream usage. It also analyses the significant uptick in technological innovations such as non-fungible tokens (NFTs), stablecoins, and central bank digital currencies (CBDCs), expanding the horizon of possibilities for merchants and consumers.

The white paper’s data shows that crypto payments within eCommerce are still nascent today, representing approximately $6 billion of the $10 trillion global market. It further explains why we are now at a point of market inflection in which several forces of disruption and market initiatives have come to the fore.

“At Nuvei, we’re big believers in innovation to provide choice and convenience to consumers,” explains Philip Fayer, Nuvei’s Chair and CEO. “In the last year, innovation around digital currencies has accelerated. With the rise of NFTs and stablecoins, regulatory, technological, and corporate adoption drivers are creating catalysts for accelerated crypto payments acceptance.”

Nuvei’s comprehensive white paper forecasts waves of crypto evolution and adoption to disrupt and accelerate crypto payments in the coming three to five years. The paper closes with a future vision for how mainstream adoption could develop, with the objective of illustrating the future possibilities held by crypto payments.

The white paper, Mystery to Opportunity: The Future of Crypto Payments, can be downloaded from the Nuvei site here.

About Nuvei  

We are Nuvei (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide, with local acquiring in 45 markets. With support for over 500 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.

For more information, visit www.nuvei.com.

Contact: 

‍Investor Relations

IR@nuvei.com

Public Relations
PR@nuvei.com

MONTREAL. Dec. 17, 2025 — Nuvei today announced that it has received a Crypto-Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCAR), positioning the company to operate under the EU’s new, harmonized regulatory framework for crypto assets.

The MiCAR license enables Nuvei to provide regulated crypto-asset services across the European Union and passport those services across EU member states under a single regulatory regime. This significantly simplifies expansion for merchants and platforms seeking to deploy crypto-enabled payment and settlement capabilities across multiple European markets.

Under the license, Nuvei can offer regulated crypto-asset services including cryptocurrency storage and administration, transfers, and the exchange of crypto-assets into funds, integrated into its broader global payments infrastructure.

“This authorization marks an important milestone in the convergence of payments and digital assets,” said Phil Fayer, Chair and CEO of Nuvei. “MiCAR brings long-needed regulatory clarity to Europe. Operating under this framework allows us to help customers move value across crypto and traditional payment rails with confidence, consistency, and scale.”

In addition to the MiCAR authorization, Nuvei has also obtained a Payment Institution license, enabling services related to electronic money tokens (EMTs). Together, these authorizations allow Nuvei to support crypto-asset, EMT, and fiat-based payment and settlement flows through a unified, regulated platform.

For customers, the combined capabilities mean:

• Simplified access to crypto payments across Europe

• Compliant fiat-to-crypto and crypto-to-fiat flows

• Faster, more transparent settlement options

• Reduced regulatory and operational complexity when scaling across EU markets
‍

With these licenses, Nuvei will serve both business clients and retail consumers. Retail users will have access to simple and accessible crypto services, while business customers will benefit from solutions designed to support efficient settlements, crypto acceptance, and transparent, blockchain-based movement of funds, fully integrated into broader payment, payout, and treasury workflows.

About Nuvei

Nuvei is building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation 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 50 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights that help customers and partners succeed locally and globally through one integration.

Contact:  

Public Relations

Jeremiah.Glodoveza@nuvei.com

‍[1] https://www.trade.gov/country-commercial-guides/japan-ecommerce-0 [2] https://www.nuvei.com/jp/posts/nuvei-launches-in-japan. [3] https://www.researchandmarkets.com/reports/5987254/japan-online-retail-forecast-28

INDIANAPOLIS, August 05, 2020 – Nuvei, the global payment technology partner of thriving brands, announced today that it has been awarded a certificate of registration for sports wagering in the state of Indiana. The approval from the Indiana Gaming Commission authorizes the internationally based company to provide payment services supporting sports betting transactions in Indiana. Nuvei, a full-service payments provider to the iGaming and sports betting industries, will now be able to empower gaming operators and companies to accept payments from their Indiana-based clients.

In May of 2018, the U.S. Supreme Court ended the federal ban on sports betting. In the two years since, three quarters of all U.S. states have legalized sports wagering or are attempting to do so.

Sports betting was legalized in Indiana in the fall of 2019, opening the opportunity for anyone over the age of 21 in the state to place legal wagers on games in Major League Baseball, the National Football League, the National Basketball Association, the National Hockey League, and any other professional and amateur sports games in which adults compete.

Wagers can be placed from mobile apps and online betting sites within the state’s boundaries, as well as with bookmakers licensed in the state.

“Nuvei’s approval to transact in the State of Indiana is just the beginning of our efforts to expand into U.S. markets,” said Philip Fayer, Nuvei’s chairman and CEO. “We are excited to be able to bring our innovative, revenue-enhancing payment technology stack to Indiana, with an eye toward further expansion in states that have legalized online sports betting.”

Nuvei currently services many of the world’s leading iGaming brands. Through a single integration, gaming operators can optimize their payments flow through the company’s award-winning Cashier solution while being compliant with local gaming regulations. In addition to leveraging enhanced identity and risk management solutions, Nuvei’s platform allows businesses to improve their players’ journey through a quicker deposit and withdrawal process, paving the way to greater customer satisfaction and revenue opportunities.

‍About Nuvei

We are Nuvei, the payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform offers direct connections to all major payment card schemes worldwide, supports over 450 local and alternative payment methods and 150 currencies. Our purpose is to make our world a local marketplace. Learn more at www.nuvei.com.

MONTREAL and PHOENIX, November 23, 2021 — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, has announced that its wholly-owned subsidiary has been granted an Event Wagering and Fantasy Sports Supplier license in Arizona.

Online sports betting became legal in Arizona in April 2021. Regulated sportsbooks and sportsbook apps formally began operating in the state on September 9, 2021, just prior to the kickoff of the 2021 NFL season. It is estimated that sports wagering in the state will be worth over $3 billion annually and generate over $200 million in gaming revenue⁽¹⁾.

The approval from the Arizona Department of Gaming allows Nuvei to further grow its U.S. online sports betting footprint into yet another state. The Company’s deep-rooted industry expertise and future-forward solutions including a broad range of payment methods, optimized transaction flows, and instant payouts can offer state operators even greater revenue possibilities.

About Nuvei

We are Nuvei (Nasdaq: NVEI) (TSX: NVEI) the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless pay-in and payout capabilities, connecting merchants with their customers in 204 markets worldwide, with local acquiring in 45 markets. With support for over 500 local and alternative payment methods, 210 currencies including 100 cryptocurrencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.

For more information, visit www.nuvei.com.

Contact:

Investor Relations
IR@nuvei.com

Public Relations
PR@nuvei.com

⁽¹⁾ PlayAZ.com: Arizona Sportsbooks Will Grow To Take In More Than $3 Billion In Bets Annually