Nuvei
Nuvei is a Montreal-headquartered global payments technology company providing modular payment acceptance, acquiring, payouts, issuing, banking, fraud management, and crypto services to enterprise merchants and platforms across 190+ countries, processing over $1 trillion annually.
- Company typePrivate
- Founded2003
- HeadquartersMontréal, Canada
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Nuvei does
Nuvei is a Canadian-headquartered global payments technology company founded in 2003 that provides a modular platform spanning payment acceptance, global acquiring, payouts, card issuing, embedded banking, fraud and risk management, and crypto/digital asset services. Its infrastructure is cloud-native, built on Microsoft Azure, supporting over $1 trillion in annual payment volume across 190+ countries, 150 currencies, 720+ alternative payment methods, and direct local acquiring in 50+ markets. The platform is delivered via a single REST API with modular adoption, enabling merchants to access capabilities such as the AI-powered Nuvei Optimize engine for authorization rate improvement, Shields Up fraud detection with 200+ configurable rules, payment orchestration through a central Control Panel, and emerging stablecoin settlement across 14 blockchains. Nuvei serves enterprise merchants and platforms in verticals including global ecommerce, online gaming and sports betting, travel and hospitality, marketplaces, B2B, and crypto platforms, with named logos spanning Virgin Atlantic, Bet365, DraftKings, FanDuel, Crypto.com, Shein, and MediaMarktSaturn.
The company operates a transaction-based revenue model charging fees on payment processing volume, cross-border settlements, FX margins, alternative payment method processing, and banking/issuing services, with custom enterprise pricing rather than public rate cards. Nuvei was taken private by Advent International in November 2024 in a $6.3 billion buyout, and has since pursued an aggressive acquisition strategy including Paya ($1.3B, 2023), Pay2All Brazil (2024), Payaut (2024), and a pending $2.75 billion all-cash acquisition of Payoneer announced June 2026, expected to close mid-2027 and bring combined annual revenue to approximately $3 billion across 2.4 million customers. Go-to-market combines direct enterprise field sales with channel partnerships through ISVs and platform embeds (Syspro, FreedomPay, WEX) and strategic alliances with card networks (Visa, Mastercard) and technology providers (Microsoft).
Nuvei firmographics
Firmographics- Name
- Nuvei
- Legal name
- Nuvei Corporation
- Website
- https://nuvei.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Nuvei is a Montreal-headquartered global payments technology company providing modular payment acceptance, acquiring, payouts, issuing, banking, fraud management, and crypto services to enterprise merchants and platforms across 190+ countries, processing over $1 trillion annually.
- Ownership category
- akta.pro rank
Nuvei industry classification
Industry- Product category
- Payment Processing Technology
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Crypto Payments & Digital Asset Settlement for Gaming (MPAEALAL)
- akta.pro secondary industry
- Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC)
Keywords
Where Nuvei is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Offices5 records
Markets served
Nuvei business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Payment Processing Transaction Fees: Transaction-based fees charged on payment processing volume. Merchants pay per transaction with rates varying by payment method, currency, and market. This is the primary revenue stream.
- Cross-Border Payment Services: Revenue from cross-border transactions including currency conversion margins and international settlement fees.
- Alternative Payment Method Processing: Fees from processing alternative payment methods including digital wallets, bank transfers, and local payment schemes beyond card networks.
- FX and Currency Management: Revenue from foreign exchange margins when merchants offer pricing in local currencies or require currency conversion services.
- Banking and Issuing Services: Revenue from card issuing services, business accounts, and embedded banking features including multi-currency accounts and financing services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Custom enterprise pricing based on volume, markets, and payment methods |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Nuvei product offering
Product offeringCore offering
Nuvei provides a modular, cloud-native global payments technology platform enabling merchants to accept, process, and disburse payments across 190+ markets through a single integration. Its core offerings include omnichannel payment acceptance (Pay-ins) supporting 720+ alternative payment methods, global acquiring in 50+ markets, payout solutions, card issuing, banking-as-a-service, and crypto/stablecoin money movement, all orchestrated via an AI-powered platform on Microsoft Azure.
Product overview
Nuvei is a modular, flexible, and scalable global payments technology platform built as a platform-plus-modules architecture. The core platform consists of an omnichannel payment acceptance solution (Pay-ins) supporting over 720 alternative payment methods and local acquiring in 50+ markets, paired with a comprehensive Payout Solutions suite and Global Acquiring infrastructure. The platform's central orchestration hub is the Control Panel, which provides unified visibility and management across all payment operations. Revenue optimization is driven by Nuvei Optimize, an always-on AI engine that handles intelligent routing, fraud prevention via Shields Up, automated reconciliation through Reconciliation Manager+, and partial approval capture. Supporting services include Issuing (physical and virtual cards), Banking Services (multi-currency accounts, merchant financing, BNPL), Crypto & Digital Assets (fiat-crypto conversion, stablecoin settlement across 14 blockchains), and Nuvei for Platforms (embedded payments for marketplaces and fintechs). All capabilities are accessible via a REST API with JavaScript SDK and multiple integration options (hosted payment pages, web/mobile SDKs, server-to-server REST API, Dev Connect).
Differentiator
Problem solved
Functional benefit
Products and services
- Omnichannel Payments (Pay-ins)
Quantifiable outcome
- Up to 5 percentage points improvement in authorization rates through AI-powered optimization and intelligent routing
- +5 more outcomes
Companies that use Nuvei
Customer profileNamed customers17 records
Segments8 records
Ideal customer profiles3 records
Nuvei technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability5 records
Feature6 records
Nuvei partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered flagship, core and strategic.
- PayoneerflagshipNuvei agreed to acquire Payoneer for $2.75 billion in an all-cash transaction (pending shareholder and regulatory approval expected to close mid-2027). The acquisition combines Nuvei's merchant payment acceptance with Payoneer's cross-border payouts, multi-currency accounts, and regulatory footprint across 150+ markets. Post-close, the combined entity is expected to generate approximately $3 billion in annual revenue and process over $500 billion in annual payment volume for more than 2.4 million customers.
- MastercardcoreNuvei among first partners to support Mastercard's expanded stablecoin settlement capabilities, enabling issuers and acquirers to settle card transactions using regulated stablecoins including USDC, PYUSD, and RLUSD across multiple blockchain networks including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL.
- SysprocorePartnership announced May 2026 to embed integrated payments directly into Syspro's ERP platform for manufacturers and distributors. The integration connects sales orders and accounts receivable to Nuvei's global payment infrastructure, enabling real-time payment processing, automatic AR updates, and multi-currency support across 150 currencies and 200+ markets.
- CNBV (Mexico)coreMexico's National Banking and Securities Commission (CNBV) granted Nuvei a license for direct acquiring operations in Mexico. The three-year licensing process required multimillion-dollar infrastructure investment, enabling Nuvei to process transactions directly within Mexico through its own licensed infrastructure.
- MediaMarktSaturncoreEuropean consumer electronics retailer selected Nuvei in February 2026 to support online marketplace payments across European markets. Partnership provides access to locally preferred payment methods including Klarna, Wero, BLIK, and Bizum through a single scalable platform, addressing fragmented European payments landscape.
- WEXcorePartnership announced January 2026 to integrate WEX's virtual card technology into Nuvei's global merchant network for the travel industry. Enables travel merchants including OTAs, airlines, and hospitality brands to streamline supplier payments through automated virtual card issuance with built-in controls, funding directly from incoming settlement flows.
- FreedomPaycoreGlobal partnership announced January 2026 to provide enterprise merchants with unified payments platform combining digital and in-person commerce capabilities. The integration brings FreedomPay's Next Level Commerce platform with Nuvei's scalable payments infrastructure for unified tokenization, reporting, and fraud prevention across stores, venues, hotels, and digital channels.
- EU Regulatory BodiescoreNuvei received Crypto-Asset Service Provider license under EU MiCAR, enabling regulated crypto-asset services across the European Union including crypto storage, transfers, and exchange. Also received Payment Institution license enabling unified platform for crypto, EMT, and fiat-based payments.
- European Payments Initiative (EPI)strategicNuvei announced that its eCommerce merchants began processing transactions via Wero, the EPI digital wallet, enabling instant secure account-to-account payments across Europe. Wero has over 46 million users and has processed over 100 million peer-to-peer transactions valued at over 5 billion euros.
- VisacoreNuvei integrated Visa Direct for Account into its global payments platform, becoming one of the first global acquirers to offer the service. Enables merchants to send funds directly to consumers' bank accounts in eligible countries with near real-time settlement and multiple currency support. Rollout began in Europe with expansion planned for 2026.
- Visa (Trusted Agent Protocol)strategicNuvei announced support for Visa's Trusted Agent Protocol, a framework enabling secure transactions with AI agents within Visa's Intelligent Commerce ecosystem. The collaboration aims to facilitate merchant adoption of AI-driven payments and transform digital commerce through the Agent Enabler program.
- Volkswagen BrazilstrategicPartnership to develop payment solution for connected vehicles in Brazil, enabling subscription-based connectivity services and seamless recurring payments for vehicle data packages. Solution supports Volkswagen's digital transformation in Latin America with potential for expansion across additional markets.
- Ryan ReynoldsstrategicActor Ryan Reynolds invested in Nuvei over a two-year period, announced in April 2023 alongside an advertising campaign. The investment aligns Reynolds' storytelling focus with Nuvei's global growth narrative including the $1.3 billion Paya acquisition. Other Reynolds investments include Mint Mobile, Wrexham AFC, and Aviation Gin.
- MicrosoftcoreStrategic partnership expanded in December 2025 to migrate Nuvei's core payment processing APIs to Microsoft Azure. The migration enables support for over 10,000 transactions per second with a target of 99.999% availability, supporting over $1 trillion in annual payment volume. Azure infrastructure provides AI and security features for transaction optimization.
- RainstrategicRain, a stablecoin payment infrastructure company, partners with Nuvei as part of its ecosystem. Rain's platform facilitates over $3 billion in annual transactions across 200+ partners, enabling stablecoin-based payments for global businesses.
Scale indicators15 records
Recent moves7 records
Expansion highlights6 records
Nuvei competitors and assessment
Company assessmentDirect peers
- Checkout.com: Checkout.com is a UK-based global acquirer focused on enterprise merchants and digital platforms with local acquiring, alternative payment methods, and AI-driven optimization. Closely mirrors Nuvei's enterprise-centric, cross-border, optimization-led go-to-market.
- Adyen: Adyen is a Dutch global payment processor offering unified acquiring, payouts, and multi-currency settlement for enterprise merchants across digital and in-person channels. Directly comparable to Nuvei's enterprise field-sales motion, local acquiring footprint, and modular platform-plus-modules architecture.
- Stripe: Stripe is a leading global payment processor serving online businesses, platforms, and enterprises with payment acceptance, payouts, fraud, and embedded financial services. Competes head-to-head with Nuvei on online retail, marketplaces, platforms, and developer-first integration.
- Worldpay: Worldpay is one of the largest global merchant acquirers, now private under GTCR, processing payments across 135+ currencies for enterprise and SMB merchants. Comparable to Nuvei in global acquiring, multi-currency, and broad payment-method coverage.
- Paysafe: Paysafe is a global payments provider specializing in online gaming, iGaming, and digital wallets with integrated acquiring and payout capabilities. Direct overlap with Nuvei's online gaming vertical and alternative payment methods strategy.
Broad incumbents
- FIS: FIS is a large financial technology incumbent offering merchant acquiring, treasury, and banking infrastructure through Worldpay Merchant Solutions and other units. Comparable to Nuvei on merchant acquiring, multi-currency, and B2B/enterprise payment capabilities.
- Global Payments: Global Payments is a large-scale merchant acquirer and payment technology provider serving enterprise, SMB, and software-integrated commerce globally. Overlaps with Nuvei on omnichannel acquiring, alternative payment methods, and software-embedded commerce.
- PayPal (Braintree): PayPal operates a global consumer wallet plus Braintree, an enterprise acquiring platform serving marketplaces and large merchants. Comparable in cross-border payouts, alternative payment methods, and platform integrations to Nuvei's enterprise and marketplace motion.
Emerging players
- Remitly: Remitly is a digital remittance and cross-border payments fintech serving immigrants and SMBs globally. Overlaps with Nuvei's emerging-markets payout rails and stablecoin-based cross-border settlement ambitions.
- Wise: Wise specializes in cross-border money transfers and multi-currency accounts for consumers and SMBs. Comparable to Nuvei's Payout Solutions and Payoneer-pending capabilities around cross-border B2B/SMB disbursements.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Nuvei social profiles
Digital presenceNuvei compliance and trust
Trust signalCompliance2 records
Nuvei financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nuvei leadership team
Management profileNumber of profiles
Profiles9 records
Nuvei subsidiaries and ownership
Company hierarchySubsidiaries4 records
Nuvei funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nuvei M&A and investment
M&A and investmentM&A12 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nuvei
What does Nuvei do?
Nuvei provides a modular, cloud-native global payments technology platform enabling merchants to accept, process, and disburse payments across 190+ markets through a single integration. Its core offerings include omnichannel payment acceptance (Pay-ins) supporting 720+ alternative payment methods, global acquiring in 50+ markets, payout solutions, card issuing, banking-as-a-service, and crypto/stablecoin money movement, all orchestrated via an AI-powered platform on Microsoft Azure.
Is Nuvei a public or private company?
Nuvei is a private company. It is classified as private equity controlled and is currently operating.
When was Nuvei founded?
Nuvei was founded in 2003. It employs 1,001 to 5,000 people.
Where is Nuvei based?
Nuvei is headquartered in Montréal, Canada, in the North America region.
How does Nuvei make money?
Five revenue lines are on record. Payment Processing Transaction Fees are the primary driver. The others are cross-Border Payment Services, alternative Payment Method Processing, FX and Currency Management and banking and Issuing Services.
Who are Nuvei's main competitors?
Direct peers on record are Checkout.com, Adyen, Stripe, Worldpay and Paysafe. Broad incumbents are FIS, Global Payments and PayPal (Braintree). Emerging players are Remitly and Wise.
Does Nuvei have an API?
Yes. Nuvei offers a REST API for payment processing integration. The API supports payment acceptance, payouts, card issuing, fraud management, currency management, and reconciliation. Developers can access the API via hosted payment pages (HPP), web and mobile SDKs, REST API for server-to-server connections, and Dev Connect for modular code deployment. Developer documentation is at docs.nuvei.com/api/main/indexMain_v1_0.html?json#.
What industry is Nuvei in?
Nuvei's product category is Payment Processing Technology. Its primary akta.pro industry code is MPAEALAL, Crypto Payments & Digital Asset Settlement for Gaming, with a secondary code of FSADAIAC, Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid). Its NAICS code is 52232 and its SIC code is 6199.