Nuvei, formerly Pivotal Payments, was established in 2003 by Philip Fayer. It is a global payments technology company with headquarters in Montreal.
Nuvei‘s payments business spans more than 200 markets, with local acquiring in 46 markets and businesses able to accept more than 150 currencies and 530 alternative payment methods, including cryptocurrencies.
Nuvei went public in September 2020 with a $700 million initial public offering on the Toronto Stock Exchange. A year later in October 2021, Nuvei closed a $424.8 million IPO on Nasdaq.
In August 2019 Nuvei acquired regulated Cyprus-based SafeCharge (PC42 profile) for the amount of US$889 million.