Nuvei Corporation (formerly Pivotal Payments)

Nuvei Corporation (formerly Pivotal Payments) is an electronic payment processing company. The Montreal-based company is Canada’s largest private and non-bank payment processor.

The company went public in September 2020 with a $700 million initial public offering on the Toronto Stock Exchange. As of December 2020, the company is worth US$7.6 billion and processes over $35 billion in transactions annually.

Traded as:           TSX: NVEI

Industry:             

  • Financial services
  • Payment processor

Founded:            2003; 18 years ago

Founder:             Philip Fayer

Headquarters:   Montreal, Quebec, Canada

Website:              www.nuvei.com

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