MONTREAL, October 3 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has opened its latest operational hub in Shanghai, China as it continues to expand its presence in the Asia-Pacific (APAC) region.Philip Fayer, Nuvei Chair and CEO, commented on the announcement: “We’re thrilled to add an office in China to our global footprint as we continue to build our services in APAC. Ecommerce businesses rely on payments partners with global reach as well as local market expertise when they scale internationally. Our increased presence will enable businesses in APAC to enter new markets as we build on our existing regional expertise.”

Nuvei is already providing cross-border payment services to many Chinese businesses as they scale internationally, including Geekbuying, Vakatrip, and Cupshe. With its new increased footprint in the region, Nuvei is extending its global reach, as well as servicing current and future clients with an enhanced local expertise and customer service.

Launching an office in China is only the latest announcement from Nuvei as it continues to demonstrate its commitment to supporting businesses with accelerating their growth through payments in APAC. Recently, Nuvei announced that it had extended its global reach in the region by obtaining its local acquiring license in Australia, following the announcement that it had obtained local acquiring licenses in Singapore and Hong Kong in 2022. Nuvei also enables businesses in APAC to connect with customers across the region by offering all the relevant alternative payment methods (APMs) to every customer from its suite of 634 APMs.

Last month Nuvei also announced that it had partnered with Mastercard to enable businesses, including trading platforms, to offer customers instant payouts to bank cards. Already available to Nuvei customers in Singapore, the Mastercard Send™ service – which powers rapid payments for merchants, acquirers, governments, consumers and more, wherever they interact worldwide – will also be available in Australia and Hong Kong SAR, starting later this year.

About Nuvei  

‍Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. 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 47+ markets, 150 currencies and 634 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:  

Public Relations

‍alex.hammond@nuvei.com

‍Investor Relations

‍IR@nuvei.com

SINGAPORE & MONTREAL – August 28, 2023 – Canadian fintech company Nuvei (Nasdaq: NVEI) (TSX: NVEI) and Mastercard today announced that they will enable near instantaneous payout capabilities for online trading platforms and investors in the Asia Pacific region via Mastercard Send™. Already available to Nuvei customers in Singapore, the Send™ service – which powers rapid payments for merchants, acquirers, governments, consumers and more, wherever they interact worldwide – will also be available in Australia and Hong Kong SAR, starting later this year. Nuvei customers will then be able to process payouts, including business to consumer disbursements, and funding transactions between over 1.5 billion debit, credit, and prepaid Mastercard cards.

In the Asia Pacific region, the increasing prevalence of remote working, triggered by the pandemic, has encouraged the parallel growth in the number of new online retail investors, especially younger, first-time users of online trading platforms. According to a recent report by Fortune Business Insights, the global online trading platform market is projected to grow from USD9.94 billion in 2023 to USD15.34 billion by 2030. This trend is driven in part by technological advancements and the integration of trading platforms on smartphones, with Asia Pacific being one of the fastest-growing regions.

One business in Singapore that is already utilizing Mastercard Send™ to offer an enhanced payout experience to its customers is trading platform Plus500. With this new service, online traders will enjoy a simpler and more convenient method of cashing out their investments, backed by Mastercard’s best-in-class fraud protection. Whenever they wish to cash out, users only need to input their card details and make a request via Mastercard Send™. This option is easily located in the platform cashier, and funds are immediately accessible.“

Trading platforms rely on fast, secure deposits and payouts to optimize user experience. Partnering with Mastercard Send™ enables us to offer our partners another trusted, instant payout method that will win new traders and generate revenue growth,” said Nuvei Chair and CEO Philip Fayer.

“In today’s always-on world, faster payments are the foundation for accelerated growth,” said Sandeep Malhotra, Executive Vice President, products & innovation, Asia Pacific, Mastercard. “Given the boom in online trading in the Asia Pacific region, Mastercard Send™ presents Nuvei’s customers with the opportunity to improve the payments experience for their users while standing to grow their own revenues – a win-win. Meeting consumers’ expectations for greater speed, wider choice, and tighter security in their payments is no longer negotiable.”

“In an unpredictable trading environment where price fluctuations happen in seconds, Mastercard Send™ provides online traders with the peace of mind that that they can cash-out instantly, at the click of a button. With easy, fuss-free access to their money, investors can make quick decisions and enjoy full visibility over the real-time availability of their funds,” said Alon Cohen Naznin, COO, Plus500.Learn more about Mastercard Send™: https://b2b.mastercard.com/mastercard-send/

‍*Actual posting times for approved transactions will depend on the receiving financial institution.About Nuvei  Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. 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 47+ markets, 150 currencies and 634 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.

‍About Mastercard (NYSE: MA), www.mastercard.com

‍Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.‍

Contact:

努维

‍Public relations:

‍alex.hammond@nuvei.com

‍Investor relations: IR@nuvei.com

‍

Mastercard Communications Contact

‍Sarah Guldin, +65 6390 6199

‍Sarah.Guldin@mastercard.com

‍Agency Communications Contact

‍Louisa Lau, +852 6644 9615

‍LLau@golin.com

Montréal, June 18, 2024 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI)(TSX: NVEI), the Canadian fintech company, is pleased to announce that, at the special meeting (the “Meeting”) of the Company’s shareholders (the “Shareholders”) held on June 18, 2024, Shareholders approved the special resolution (the “Arrangement Resolution”) approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act (the "Arrangement") involving the Company and Neon Maple Purchaser Inc. (the “Purchaser”), a newly-formed entity controlled by Advent International, L.P. Pursuant to the Arrangement, the Purchaser will acquire all of the issued and outstanding subordinate voting shares ("Subordinate Voting Shares") and multiple voting shares ("Multiple Voting Shares" and collectively with the Subordinate Voting Shares, the "Shares") of the Company. The Shares that are not held by Philip Fayer, certain investment funds managed by Novacap Management Inc. (collectively, "Novacap") and Caisse de dépôt et placement du Québec ("CDPQ" and, collectively with Philip Fayer and Novacap and the entities they control directly or indirectly, the "Rollover Shareholders") will be acquired for a price of US$34.00 in cash per Share.

Each of the Rollover Shareholders has agreed to sell all of their Shares to the Purchaser in exchange for consideration consisting of a combination of cash and shares in the capital of the Purchaser or an affiliate thereof. Following completion of the Arrangement, Philip Fayer, Novacap and CDPQ are expected to hold or exercise control or direction over, directly or indirectly, approximately 24%, 18% and 12%, respectively, of the common equity in the resulting private company.

Further details regarding the Arrangement are provided in the management information circular of the Company dated May 13, 2024 (the "Circular") mailed to Nuvei shareholders in connection with the Arrangement, a copy of which is available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.

The Arrangement Resolution was adopted on a vote by way of ballot by (i) at least two-thirds of the votes cast by the holders of Multiple Voting Shares and Subordinate Voting Shares virtually present or represented by proxy at the Meeting, voting together as a single class (with each Subordinate Voting Share being entitled to one vote and each Multiple Voting Share being entitled to ten votes); (ii) not less than a simple majority (more than 50%) of the votes cast by the holders of Subordinate Voting Shares virtually present or represented by proxy at the Meeting; (iii) not less than a simple majority of the votes cast by the holders of Multiple Voting Shares virtually present or represented by proxy at the Meeting; and (iv) not less than a simple majority of the votes cast by the holders of Subordinate Voting Shares virtually present or represented by proxy at the Meeting (excluding the Subordinate Voting Shares held by the Rollover Shareholders and the persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”)). In its interim order dated May 13, 2024, the Superior Court of Québec (Commercial Division) (the “Court”) declared that the vote of not less than a simple majority of the votes cast by the holders of Multiple Voting Shares virtually present or represented by proxy at the Meeting (excluding the Multiple Voting Shares held by the Rollover Shareholders and the persons required to be excluded pursuant to MI 61-101), which is required under MI 61-101, was satisfied as there are no holders of Multiple Voting Shares eligible to cast a vote thereunder, as all holders of Multiple Voting Shares are “interested parties” within the meaning of MI 61-101 and must be excluded from such vote.

Based on proxies and ballots received at the Meeting, votes were cast as follows:

‍Category of Voting: Holders of Subordinate Voting Shares and Multiple Voting Shares, voting together as a single class

Percentages of Votes For: 99.24%

Percentages of Votes Against: 0.76%

‍

Category of Voting: Holders of Subordinate Voting Shares

Percentages of Votes For: 86.08%

Percentages of Votes Against: 13.92%

‍

‍Category of Voting: Holders of Multiple Voting Shares

Percentages of Votes For: 100%

Percentages of Votes Against: 0%

‍

Category of Voting: Holders of Subordinate Voting Shares, excluding the Rollover Shareholders and those required to be excluded under MI 61-101

Percentages of Votes For: 86.04%

Percentages of Votes Against: 13.96%

The Arrangement remains subject to the satisfaction or waiver of certain other closing conditions customary in a transaction of this nature, including the receipt of a final order from the Court approving the Arrangement (the “Final Order”) and certain regulatory approvals. The hearing in respect of the Final Order is scheduled to take place on June 20, 2024. Assuming that these remaining conditions to closing are satisfied, the Arrangement is expected to be completed in late 2024 or the first quarter of 2025.

About Nuvei

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. 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 50 markets, 150 currencies and 700 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" (collectively, "Forward-looking information") within the meaning of applicable securities laws. This forward-looking information is identified by the use of terms and phrases such as "may", "would", "should", "could", "expect", "intend", "estimate", "anticipate", "plan", "foresee", "believe", or "continue", the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking information contains these terms and phrases. Particularly, statements regarding the proposed transaction, including the proposed timing and various steps contemplated in respect of the transaction are forward-looking information.

In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events or circumstances.

Forward-looking information is based on management's beliefs and assumptions and on information currently available to management, and although the forward-looking information contained herein is based upon what we believe are reasonable assumptions, investors are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information.

Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond our 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, the risk factors described in greater detail under the heading "Risk Factors" in the Company's annual information form filed on March 5, 2024 and under the heading "Risk Factors" in the Company's management's discussion and analysis for the three months ended March 31, 2024. These risks and uncertainties further include (but are not limited to) as concerns the transaction, the failure of the parties to obtain the necessary regulatory and court approvals or to otherwise satisfy the conditions to the completion of the transaction, failure of the parties to obtain such approvals or satisfy such conditions in a timely manner, significant transaction costs or unknown liabilities, failure to realize the expected benefits of the transaction, and general economic conditions. Failure to obtain the necessary regulatory and court approvals, or the failure of the parties to otherwise satisfy the conditions to the completion of the transaction or to complete the transaction, may result in the transaction not being completed on the proposed terms, or at all. In addition, if the transaction is not completed, and the Company continues as a publicly-traded entity, there are risks that the announcement of the proposed transaction and the dedication of substantial resources of the Company to the completion of the transaction could have an impact on its business and strategic relationships (including with future and prospective employees, customers, suppliers and partners), operating results and activities in general, and could have a material adverse effect on its current and future operations, financial condition and prospects. Furthermore, in certain circumstances, the Company may be required to pay a termination fee pursuant to the terms of the Arrangement Agreement which could have a material adverse effect on its financial position and results of operations and its ability to fund growth prospects and current operations.

Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein represents our expectations as of the date hereof or as of the date it is otherwise stated to be made, as applicable, and is subject to change after such date. However, we disclaim any intention or obligation or undertaking 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.

For further information please contact:

Investors

Kingsdale Advisors

contactus@kingsdaleadvisors.com

Chris Mammone, Head of Investor Relations

IR@nuvei.com

Media

Joel Shaffer

FGS Longview

Joel.shaffer@fgslongview.com

‍

MONTREAL, June 20, 2024 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI)(TSX: NVEI), the Canadian fintech company, announced today that the Company has obtained a final order from the Superior Court of Québec (Commercial Division) approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act (the "Arrangement") involving the Company and Neon Maple Purchaser Inc., a newly-formed entity controlled by Advent International, L.P. This final court approval follows the shareholder approval that was obtained at the special meeting of Nuvei’s shareholders held on Tuesday, June 18, 2024.  

The Arrangement remains subject to the satisfaction or waiver of certain other closing conditions customary in a transaction of this nature, including the receipt of key regulatory approvals. Assuming that these remaining conditions to closing are satisfied, the Arrangement is expected to be completed in late 2024 or in the first quarter of 2025.

Further details regarding the Arrangement are provided in the management information circular of the Company dated May 13, 2024, mailed to Nuvei shareholders in connection with the Arrangement, a copy of which is available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.

About Nuvei

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. 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 50 markets, 150 currencies and 700 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" (collectively, "Forward-looking information") within the meaning of applicable securities laws. This forward-looking information is identified by the use of terms and phrases such as "may", "would", "should", "could", "expect", "intend", "estimate", "anticipate", "plan", "foresee", "believe", or "continue", the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking information contains these terms and phrases. Particularly, statements regarding the Arrangement, including the proposed timing and various steps contemplated in respect of the Arrangement are forward-looking information.

In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events or circumstances.

Forward-looking information is based on management's beliefs and assumptions and on information currently available to management, and although the forward-looking information contained herein is based upon what we believe are reasonable assumptions, investors are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information.

Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond our 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, the risk factors described in greater detail under the heading "Risk Factors" in the Company's annual information form filed on March 5, 2024, and under the heading "Risk Factors" in the Company's management's discussion and analysis for the three months ended March 31, 2024. These risks and uncertainties further include (but are not limited to) as concerns the Arrangement, the failure of the parties to obtain the necessary regulatory approvals or to otherwise satisfy the conditions to the completion of the Arrangement, failure of the parties to obtain such approvals or satisfy such conditions in a timely manner, significant transaction costs or unknown liabilities, failure to realize the expected benefits of the Arrangement, and general economic conditions. Failure to obtain the necessary regulatory approvals, or the failure of the parties to otherwise satisfy the conditions to the completion of the Arrangement or to complete the Arrangement, may result in the Arrangement not being completed on the proposed terms, or at all. In addition, if the Arrangement is not completed, and the Company continues as a publicly-traded entity, there are risks that the announcement of the Arrangement and the dedication of substantial resources of the Company to the completion of the Arrangement could have an impact on its business and strategic relationships (including with future and prospective employees, customers, suppliers and partners), operating results and activities in general, and could have a material adverse effect on its current and future operations, financial condition and prospects. Furthermore, in certain circumstances, the Company may be required to pay a termination fee pursuant to the terms of the Arrangement Agreement which could have a material adverse effect on its financial position and results of operations and its ability to fund growth prospects and current operations.

Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein represents our expectations as of the date hereof or as of the date it is otherwise stated to be made, as applicable, and is subject to change after such date. However, we disclaim any intention or obligation or undertaking 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.

For further information please contact:

Investors

Kingsdale Advisors

contactus@kingsdaleadvisors.com

Chris Mammone, Head of Investor Relations

IR@nuvei.com

Media

Joel Shaffer

FGS Longview

Joel.shaffer@fgslongview.com

‍

‍

MONTREAL / SOFIA, Bulgaria, October 29, 2019 – Nuvei, a leading provider of global payment solutions and the first-ever community of payment experts, today announces the appointment of Yuval Ziv to Managing Director of SafeCharge and Head of Global Acquiring. Ziv will develop and execute on acquirer acceptance strategies, as well as oversee the combined organization’s global acquiring solutions.

Transitioning from SafeCharge’s Chief Commercial Officer, Ziv will now focus on the expansion of the company’s global acquiring relationships, building key licensing agreements, and facilitating entry into new markets and geographies. As a key member of SafeCharge’s leadership since 2008, Ziv will continue to manage its commercial activities that include client and revenue growth, sales and account management for its teams across Europe, North America, Latin America, China and Southeast Asia.

Nuvei acquired SafeCharge in August 2019 to create a large-scale global payments provider, able to deliver fully-supported solutions to merchant clients and partner distribution networks regardless of size, vertical or geography. With direct connectivity into all major card brands, the combined organization currently processes over US $34 billion in annual transaction volume from clients around the world.

“Yuval’s dual role reflects Nuvei’s primary commitment to accelerating its position as a global payments leader,” said Philip Fayer, Nuvei’s chairman and CEO. “As a seasoned fintech executive with over fifteen years of financial and IT industry experience, his vast knowledge of global payments, processing technologies, industry regulations, and payment culture make him an ideal fit for taking us forward.”

“I am very excited to be taking on this new challenge,” said Ziv. “Our performance over the years has been driven by the ability to mobilize the efforts of our top performing teams. My most important mission is to continue harnessing this magic to create lasting success.”

A high-tech industry veteran and conference speaker, Ziv’s achievements in international online payments have been instrumental to SafeCharge’s success. Under Ziv’s commercial leadership, SafeCharge achieved year-over-year growth exceeding 85% in acquiring volume, 45% in overall volume and 24% in revenues.

Ziv holds a B.A. in Economics (Business Administration) and M.A. in Law from Bar Ilan University, Israel. He will remain based in SafeCharge’s office in Sofia, Bulgaria.

About Nuvei

We are Nuvei, the first-ever community of payment experts. We provide fully-supported omnichannel payments to large-scale merchants, SMBs and distribution partners, powered by our broad suite of proprietary technologies. We also equip ISOs, ISVs, payment facilitators, developers, and eCommerce platforms with the technology, expertise and customer service they need to stand out. Backed by our full-service, globally connected platform, our vision is to build a network in which our merchants and partners can truly thrive. Our goal is to create bigger and better payment opportunities for all, paving the way to great partnerships. Learn more at www.nuvei.com.

About SafeCharge

SafeCharge, a Nuvei company, is the payment service partner for the world’s most demanding businesses. It provides global omni-channel payment services, from card acquiring to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, Mastercard, American Express and UnionPay, as well as over 180 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. For more information see: www.safecharge.com.

MONTREAL, May 04, 2021  — Nuvei Corporation (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announced today that it has made a three-year charitable pledge to the Marie-Vincent Foundation to help support efforts to prevent and fight sexual and physical violence against children.

Around one in five girls and one in 10 boys has experienced sexual abuse at some point during their childhoods*. Nuvei will donate $100,000 over the next three years to the Marie-Vincent Foundation, a nonprofit organization that plays a role in preventing sexual violence by targeting children, adolescents, parents, professionals and the general public with information, while providing specialized treatment to children and adolescents who are victims of sexual violence.

After having to cancel its fundraising events last year due to the pandemic, the Marie-Vincent Foundation launched a three-year fundraising campaign to help more young people in Québec. Its goal is to advance four major projects: improving service access by recruiting additional staff, opening a second Child Advocacy Centre, filling a gap in specialized treatment for young victims, and supporting research into sexual violence.

As part of its ongoing Environmental, Social, and Corporate Governance (ESG) initiatives, Nuvei continues to support meaningful causes, including charitable donations and activities that promote social responsibility. Nuvei’s donation to the Marie-Vincent Foundation will move the charitable organization closer to reaching its objectives.

“The board of directors of the Marie-Vincent Foundation is extremely grateful that we can count on the support of Nuvei,” said Jessica Pathy, chair of the Marie-Vincent Foundation board of directors. “This important commitment will enable us to pursue our mission and help more children in Québec.”

“We are honored to help fight the battle against child sexual abuse alongside the Marie-Vincent Foundation,” said Philip Fayer, Nuvei’s chair and CEO. “We believe in contributing to the communities in which we serve, both locally and globally, and look forward to working with the Foundation to support its long-term goals.”

*SOURCE: https://marie-vincent.org/en/

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 offers direct connections to all major payment card schemes in over 200 markets worldwide, supports 455 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

MONTREAL, October 5 2023 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has launched its enhanced payments solution for business-to-business (B2B) payments in Canada.

B2B businesses working with Nuvei are now able to offer their customers in Canada a holistic payments solution including Card-Not-Present and account-to-account processing capabilities, Level 3 processing and Nuvei’s advanced proprietary accounts receivable (AR) solution, directly integrated with their enterprise resource planning (ERP) system. Benefits of Nuvei’s AR solution include simplified workflows and back office efficiencies, unique payment capabilities designed to handle the nuances and complexities of business to business commerce, and shortened invoice to cash cycles.

B2B payments is a rapidly growing sector of the Canadian payments landscape, as well as a requirement for the ongoing growth of many businesses focused on domestic or cross-border commerce in Canada.

Nuvei is leveraging existing deep integrations into many of the leading ERP solution providers operating in Canada through partnerships in other geographies to accelerate its launch in the country.

Nuvei’s unique B2B payment capabilities are often powered through back-end integrations with ERP software systems that allow organizations to manage day-to-day activities across operations, finance, procurement, and commerce. Additional features of Nuvei’s B2B payment function that are now available to Canadian businesses include the ability to offset the cost of card acceptance with fee recovery, automated invoicing – saving both time and money, tokenized payment account information that is stored on file and accessible, and dynamic discounting to further reduce the length of time to access cash.

Philip Fayer, Nuvei Chair and CEO, commented on the announcement: “B2B payments is a key growth vertical for Nuvei. We’ve had tremendous success supporting our partners and their customers with leading payments solutions in the U.S., so we are thrilled to be expanding our capabilities internationally.”

Fayer continued: “We’re an international payments services provider, but our roots are in Canada, so we are particularly pleased to be bringing this much-needed holistic payments solution to businesses and our partners supporting businesses in the Canadian market.”

‍About Nuvei  

‍Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. 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 47+ markets, 150 currencies and 634 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:  

Public Relations

‍alex.hammond@nuvei.com

‍Investor Relations

‍IR@nuvei.com