Company Database - Nuvei

Tomorrow’s Payment Platform

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is tomorrow’s payment platform. Designed to accelerate customers’ business, Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200+ markets, with local acquiring in 45+ markets, 150 currencies and more than 550 alternative payment methods, including cryptocurrencies, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

Core solution 

Nuvei allows businesses to accept cutting-edge payment options, optimise new revenue streams, and get the most out of their existing tech stack – all o n one platform.

Target market 

Merchants: financial services, consumer retail marketplaces, digital goods & services, social gaming, regulated online gaming, digital assets and cryptocurrencies and travel

Contact details 

https://nuvei.com/contact/

Geographical presence 

Europe, North America, LATAM, Asia Pacific, MENA

Year founded 

2003

Investors 

More information available upon request

License type 

Payment Institution (EEA), Electronic Money Institution (EEA), Principal member of Visa, Mastercard, and Discover 

Member of industry association and/or initiatives 

ETA (Electronic Transactions Association), AGA (American Gaming Association), AMVO (Mexican Association of Online Sales), CGA (Canadian Gaming Association), RMAI (Receivables Management Association International), Nacha 3rd Party Validation Preferred Partner, Faster Payments Council, Merchant Risk Council, Merchant Advisory Group, Wespay. 

Company’s motto 

Tomorrow’s Payment Platform 

Service provider type

Payment Gateway 

Yes

Payment Service Provider - Acquirer

Yes

Payments and Financial infrastructure

Yes 

Cryptocurrency payments solution

Yes

Channels - context

Online 

Yes

POS/In store 

Yes

Omnichannel 

Yes

Payments capabilities

Hosted pages 

Yes

Whitelabel solution 

Yes

Recurring billing 

Yes

Payment methods supported

over 550

Settlement currencies 

17+

Tokenization 

Yes, universal token

Pay-out/Disbursements 

Yes

Payments orchestration 

Yes

Reconciliation and reporting 

Yes

B2B payments 

Yes

ERP integration 

Yes

E-invoicing (automated) 

Yes

Reporting/dashboards

Consolidated data and reporting dashboard

Yes

Fraud and risk management capabilities

Chargeback management 

Yes

Fraud ratio PSD2/SCA 

<0.06%

Fraud and risk management partners

In-house Risk Engine 

Financial and compliance capabilities

FX - number of currencies available

150

Virtual IBAN 

Yes

Multi currencies virtual IBAN

Yes

Current account/settlement account

Yes

Instant settlement 

More information available upon request

Client onboarding (KYC/KYB) 

Yes

Clients

Main clients/references 

New Balance, GM, Gucci, FTX, Avon, Draft Kings, Valentino, BetMGM, Crypto.com, D&G, Shein, FanDuel, WestJet, Entain, Bumble, Rappi, Riot Games, Gett, lastminute.com, WIX 

Case studies 

Awards 

  • Blockchain Fest, Cryptocurrency Awards, Best Payment Processor 2021;
  • SBC Awards, Payment Innovation of the Year 2021;
  • The EGR (EGR Global) Italy Awards 2020, Winner Payments and Fraud Company;
  • Airlines & Travel Payments Summit 2018, Winners of Best product;
  • Reconciliation ManagerSBC Awards 2018, Winners The Payments Provider of the Year;
  • Retail Systems Awards 2019, Winners Mobile Solutions of the Year.

Future developments 

More information available upon request

Transactions

Transaction volume 

Total volume increased 121% to USD 95.6 billion from USD 43.2 billion in the year to end December 31, 2021. 

Transaction value 

Revenue increased 93% to USD 724.5 million from USD 376.2 million in the year to end December 31, 2021