Nuvei Corporation completed its acquisition of Paya Holdings. Paya amplifies Nuvei’s existing growth strategy and expands its reach into new underpenetrated and non-cyclical verticals where Nuvei’s proprietary technology is well positioned to accelerate customer growth. Nuvei Chair and CEO Philip Fayer commented, "This is an important milestone for Nuvei as we continue to build a preeminent payment technology provider with strong positions in global eCommerce, Integrated Payments and B2B. I’m thrilled to officially welcome our new colleagues from Paya to the Nuvei family. We have been working diligently on our integration planning, and we are ready to begin the next step on this exciting journey as a single, unified team."
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NVEI:
- Nuvei Completes $1.3 Billion Acquisition of Paya
- Nuvei and Mercedes-AMG PETRONAS Formula One Team join forces ahead of new Formula One™ season
- Nuvei, Mercedes-AMG PETRONAS Formula One Team enter partnership
- Nuvei selected as payment technology provider for Le Panier Bleu
- Le Panier Bleu partners with Nuvei to enhance payments for its marketplace platform in Quebec