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Nuvei Completes $1.3 Billion Acquisition Of Paya

Feb 22, 2023

Acquiring Company

Nuvei

Acquired Company

Paya

MontrealInformation TechnologyFinancial ServicesPaymentsFintechOtherProfessional ServicesFinancial ServicesSoftware

Description

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has completed its acquisition of Paya Holdings Inc. (“Paya”) (Nasdaq: PAYA). Paya amplifies Nuvei’s existing growth strategy and expands its reach into new underpenetrated and non-cyclical verticals where Nuvei’s proprietary technology is well positioned to accelerate customer growth.

Quick answer

Nuvei is acquiring Paya for $1.3 billion, announced February 22, 2023. Nuvei is based in Montreal, Quebec, Canada.

How much did Nuvei pay for Paya?
The reported deal value is $1.3 billion.
What does Nuvei do?
Nuvei Corp. is a payment technology firm that offers a full suite of payment services for businesses.
Where are Nuvei and Paya based?
Nuvei is based in Montreal, Quebec, Canada.
Who are the decision-makers at Nuvei?
Fundz holds 1 contact at Nuvei. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Nuvei

Location

1100 Boulevard Rene-Levesque O

Montreal, Quebec, Canada

About

Nuvei Corp. is a payment technology firm that offers a full suite of payment services for businesses. It provides solutions facilitating transactions and payment processing across various platforms. The company is known for its efficient and flexible payment solutions. Nuvei aims to enhance the payment experience for businesses and their customers.

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Frequently asked

Who acquired Paya?

Paya was acquired by Nuvei, based in Montreal. The deal was reported on February 22, 2023. Nuvei Corp. is a payment technology firm that offers a full suite of payment services for businesses. It provides solutions facilitating transactions and payment processing across various platforms. Nuvei is privately held and operates in Information Technology.

When did Nuvei acquire Paya?

Nuvei's acquisition of Paya was reported on February 22, 2023. Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has completed its acquisition of Paya Holdings Inc. (“Paya”) (Nasdaq: PAYA). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Paya do?

Paya (NASDAQ: PAYA) is a leading provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiencies. It is privately held, operating in Other.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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