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Corporation
FINANCIAL | Payments (non-internet/mobile) / Processing
nuvei.com

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Founded Year

2003

Stage

IPO | IPO

Total Raised

$315.47M

Date of IPO

9/16/2020

Market Cap

10.19B

Revenue

$0000 

About Nuvei

Nuvei (TSX: NVEI.U) provides fully-supported omnichannel payments to large-scale merchants, SMBs and distribution partners, powered by their broad suite of proprietary technologies. The firm equips ISOs, ISVs, payment facilitators, developers, and eCommerce platforms with the technology, expertise and customer service they need to stand out.

Nuvei Headquarter Location

1100 René-Lévesque West Suite 900

Montreal, Quebec, H3B4N4,

Canada

514-313-1190

Latest Nuvei News

Bragar Eagel & Squire, P.C. Is Investigating WeWork, Natera, Lucid Group, and Nuvei and Encourages Investors to Contact the Firm

Jan 17, 2022

., a nationally recognized shareholder rights law firm, is investigating potential claims against WeWork, Inc. (NYSE: WE), Natera, Inc. (NASDAQ: NTRA), Lucid Group, Inc. (NASDAQ: LCID), and Nuvei Corporation (NASDAQ: NVEI). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. WeWork, Inc. (NYSE: WE) On December 1, 2021, WeWork disclosed in a U.S. Securities and Exchange Commission filing that “[i]n connection with the preparation of the financial statements as of September 30, 2021, WeWork Inc. (the ‘Company') reevaluated its application of Accounting Standards Codification (‘ASC’) 480-10-S99, Distinguishing Liabilities from Equity, to its accounting classification of the Class A common stock subject to possible redemption (the ‘Public Shares’) issued as part of the units sold in the initial public offering by the Company's predecessor, BowX Acquisition Corp. (‘BowX’). The Company had previously classified a portion of the Public Shares in permanent equity. Upon further evaluation, the Company determined that the Public Shares include certain redemption features not solely within the Company's control that, under ASC 480-10-S99, require such shares to be classified as temporary equity in their entirety.” Accordingly, WeWork advised that certain of its previously issued financial statements should not be relied upon and would be restated. In addition, WeWork disclosed that its management has concluded that, that in light of the classification error described above, there was a material weakness in internal control over financial reporting relating to the interpretation and accounting for certain complex features of the Public Shares.” The stock dropped more than 5% in extended trading after the disclosure. For more information on the WeWork investigation go to: https://bespc.com/cases/WE Natera, Inc. (NASDAQ: NTRA) On January 1, 2022, an article from the New York Times called into question the accuracy of certain prenatal tests, alleging that positive results on tests are incorrect about 85 percent of the time, and that patients who receive a positive result are supposed to pursue follow-up testing, which “can cost thousands of dollars, come with a small risk of miscarriage and can’t be performed until later in pregnancy.” On this news, Natera’s stock declined as much as 3.5% during intraday trading on January 3, 2022, thereby injuring investors. For more information on the Natera investigation go to: https://bespc.com/cases/NTRA Lucid Group, Inc. (NASDAQ: LCID) On December 6, 2021, Lucid disclosed in a filing with the U.S. Securities and Exchange Commission (“SEC”) that “[o]n December 3, 2021, [Lucid] received a subpoena from the [SEC] requesting the production of certain documents related to an investigation by the SEC. Although there is no assurance as to the scope or outcome of this matter, the investigation appears to concern the business combination between the Company (f/k/a Churchill Capital Corp. IV) and Atieva, Inc. and certain projections and statements.” On this news, Lucid’s stock price fell sharply during intraday trading on December 6, 2021. For more information on the Lucid Group investigation go to: https://bespc.com/cases/LCID Nuvei Corporation (NASDAQ: NVEI) On December 8, 2021, Spruce Point Capital Management (“Spruce Point”) published a short-seller report on Nuvei. Citing “a forensic financial and accounting review,” the Spruce Point report alleged that Nuvei “has covered up a pattern of business failures, lack of organic growth, and a web of relationships with individuals connected to major Ponzi Schemes and alleged fraudulent activities[. ]” Following pulication of the Spruce Point report, Nuvei’s stock price fell $39.38 or 40.45%, to close at $57.97 per share on December 8, 2021. For more information on the Nuvei investigation go to: https://bespc.com/cases/NVEI About Bragar Eagel & Squire, P.C. : Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information:

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Research containing Nuvei

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CB Insights Intelligence Analysts have mentioned Nuvei in 1 CB Insights research brief, most recently on May 29, 2019.

Expert Collections containing Nuvei

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Nuvei is included in 4 Expert Collections, including E-Commerce.

E

E-Commerce

9,049 items

S

SMB Fintech

1,145 items

P

Payments

1,767 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

3,251 items

Excludes US-based companies

Nuvei Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Nuvei Rank

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