Streetbeat News

NVEI

Nuvei Corporation

https://www.nuvei.com

Industry

Software - Infrastructure

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. It provides a suite of payment solutions to support lifecycle of a transaction across mobile or in-app, online, unattended, and in-store channels. The company sells and distributes its solutions through direct sales, indirect sales for small-and-medium sized businesses, and eCommerce resellers. Nuvei Corporation was founded in 2003 and is headquartered in Montreal, Canada.

Open

33.98

Mkt cap

4.8B

Volume

3.1M

High

34.00

P/E Ratio

212.44

52-wk high

34.00

Low

33.98

Div yield

0.01

52-wk low

19.07

Nuvei Corporation (NASDAQ:NVEI) has partnered with Scanco Software to enhance Scanco's new Invoice2Payment (i2PAY) solution, improving payment capabilities for warehouse and manufacturing operations.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:36 pm

Nuvei (NASDAQ:NVEI) reported Q2 2024 earnings per share of $0.41, missing the analyst estimate of $0.46. However, the company beat sales estimates with $345.478 million, a 12.52% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:04 pm

Nuvei is set to acquire Pay2All Instituição de Pagamento, enhancing its capabilities in the Brazilian market and strengthening its presence in Latin America. This acquisition marks a significant milestone in Nuvei's global expansion strategy.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:22 pm

Nuvei Corporation has secured approval for a Retail Services Category II License from the Central Bank of the UAE, allowing it to expand into the United Arab Emirates and strengthen its presence in the Middle East and North Africa.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:37 am

Nuvei Corporation has received final court approval for its plan of arrangement with Neon Maple Purchaser Inc., which is controlled by Advent International. This follows the approval from Nuvei's shareholders.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 4:31 pm

Nuvei Corporation's shareholders have approved a plan for the company to go private through a transaction with Advent International. The deal involves the acquisition of all outstanding shares for $34.00 per share in cash, except for shares held by key stakeholders who will receive a combination of cash and shares in the new private entity.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 4:06 pm

ViaPlus, a subsidiary of VINCI Highways, has partnered with Nuvei Corporation to enhance payment experiences for mobility services. This partnership will offer over 700 new types of payments in 150+ currencies, benefiting consumers and transportation agencies in countries like Brazil, Peru, and Colombia.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:10 pm

Nuvei Corporation has partnered with Visa to offer Visa Direct in Colombia, becoming the first global payments provider to do so in the country.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:07 pm

Nuvei Corporation (NASDAQ:NVEI) has announced the filing and mailing of a management proxy circular to shareholders regarding its go-private transaction with Advent International. The transaction offers a purchase price of US$34.00 per share, a 56% premium over the last closing price before the potential transaction was reported. Shareholders are advised to vote 'FOR' the arrangement before the June 14, 2024 deadline.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:49 pm

JP Morgan analyst Reginald Smith downgraded Nuvei (NASDAQ:NVEI) from Overweight to Neutral but raised the price target from $32 to $34. This adjustment reflects a more cautious outlook on the stock while acknowledging some positive aspects that could support a higher valuation.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:17 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.