Nuvei

Nuvei’s main activity is providing advanced payment solutions on a global scale. The company offers a technology platform that enables businesses to accept payments in more than 200 markets, with over 150 currencies and multiple local and alternative payment methods. Nuvei’s products and services include online, in-store and mobile payment processing, risk and fraud management, as well as payment optimization and reporting tools. Nuvei primarily serves e-commerce businesses, online gaming platforms, marketplaces, fintechs and other sectors requiring flexible and international payment solutions.

History and Key Milestones of Nuvei

Nuvei is a global financial technology (fintech) company specializing in payment infrastructure. Founded in Montreal, Nuvei has grown to connect businesses with their customers in over 200 markets, with a local presence in 50 countries, 150 currencies, and more than 720 alternative payment methods.

Creation and Development
Nuvei was created to meet the growing needs of businesses for international payments, flexibility, and security. Its model is based on a modular, flexible, and scalable platform, enabling the acceptance of next-generation payments, offering all payout options, and providing card issuing, banking management, risk management, and fraud services.

Products and Innovations
Nuvei offers a comprehensive range of payment solutions: omnichannel payments (online, mobile, in-store), instant bank transfers, currency management, authorization optimization, dispute and chargeback management, analytical tools, integrated banking services, solutions for crypto-assets and digital assets, and more. The company stands out for its ability to integrate more than 700 local and alternative payment methods, facilitating access to new markets for its clients.

Strategic Partnerships
Nuvei has formed major partnerships with technology and industry players such as Microsoft (migration of its services to Microsoft Azure for performance and resilience), FreedomPay (unification of physical and digital payments for large enterprises), WEX (deployment of virtual cards for the travel sector), and the European Payments Initiative (launch of the Wero digital wallet for instant payments in Europe).

Acquisitions and Expansion
To strengthen its offering and international presence, Nuvei has made strategic acquisitions and obtained key licenses, such as the Crypto-Asset Service Provider (CASP) license under European MiCAR regulation, allowing it to offer regulated crypto-asset services throughout the European Union.

Recent Strategic Changes
Nuvei has accelerated its digital transformation by migrating all its platforms to the cloud, thus optimizing the performance, security, and availability of its services. The company has also strengthened its portfolio of alternative payment solutions and services for crypto-assets, while developing omnichannel solutions to meet the needs of large enterprises and international marketplaces.

Clients and Use Cases
Nuvei supports renowned clients such as MediaMarktSaturn (marketplace payments in Europe), Nautilus Plus (omnichannel payments for fitness), Virgin Atlantic (approval rate optimization), Curve (cost reduction and volume increase), and many others in various sectors (retail, gaming, travel, financial services, crypto, etc.).

Conclusion
Thanks to a strategy of continuous innovation, strong partnerships, and international expansion, Nuvei has established itself as a key player in global payment infrastructure, able to support the growth and digital transformation of its clients worldwide.

Founder:
Nuvei was founded in 2003 by Philip Fayer, who still serves as Chairman of the Board and Chief Executive Officer (Chairman & CEO). He has been the central figure of the company since its inception and continues to lead the group’s strategy and growth.

Main members of the executive team:
Nuvei’s executive team is composed of leaders experienced in fintech, banking, and payments. Here are the main publicly identified members:

• Philip Fayer – Chairman of the Board and Chief Executive Officer (Chairman & CEO)
• David Schwartz – Chief Financial Officer
• Yuval Ziv – President, Global Payments
• Max Attias – Chief Technology Officer
• Laura Miller – Chief Legal Officer
• Neil Erlick – Chief Corporate Development Officer
• Brian Donn – General Manager, Americas

About Nuvei’s banking and banking services:
Nuvei also offers embedded banking services, including the issuance of physical and virtual cards, multi-currency accounts with European IBAN, bank transfer solutions (SEPA, SWIFT, open banking), and financing services for businesses. These activities are overseen by the global executive team, under the direct responsibility of Philip Fayer and his vice presidents specializing in banking and technology products.

For more information on Nuvei’s executive team and banking activities, visit the official website: www.nuvei.com