Nuvei Corp. says it has secured a deal to buy Brazilian payments institution Pay2All.
Phil Fayer, founder and chief executive officer of Nuvei Corp., speaks during the Canada FinTech Forum in Montreal, Quebec, Canada, on Tuesday, Sept. 26, 2023.MONTREAL —
Nuvei says in a statement today that the deal will let it provide payment services as an “issuer of electronic currency” through Pay2All’s payment institution licence from Brazil’s central bank. Nuvei CEO Philip Fayer says the agreement marks a major milestone in its global expansion strategy and allows it to offer “fully localized” payment methods to Brazilian businesses.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nuvei to buy Brazil-based Pay2All as Canadian fintech firm expands its reachMONTREAL — Nuvei Corp. says it has secured a deal to buy Brazilian payments institution Pay2All. The Montreal-based payment technology firm says the agreement would expand its reach in Brazil and the broader Latin American market.
Read more »
Nuvei to buy Brazil-based Pay2All as Canadian fintech firm expands its reachMONTREAL — Nuvei Corp. says it has secured a deal to buy Brazilian payments institution Pay2All.
Read more »
Banks Kick Off $2.55 Billion Loan Deal for Nuvei Buyout(Bloomberg) -- A group of underwriters led by Bank of Montreal have launched a $2.55 billion loan to back the acquisition of Nuvei Corp., marking the biggest...
Read more »
Langford-based Canadian women’s rugby team stuns France to reach medal roundCanada plays Austraila in semifinal on Tuesday
Read more »
Defending-champion Island-based Canadian women's eight advance to Olympic finalFinal race set for Saturday in Paris
Read more »
Calgary-based Canadian Natural reports earnings of $1.72B in second quarterCanadian Natural Resources says earnings were up in the second quarter in part because of higher oil sales and prices.
Read more »