Total amount raised
$830 Millions
Latest funding date
04/01/2023
Location
Nuvei has successfully raised significant funding, culminating in a valuation of approximately $6.3 billion during its acquisition by Advent International, Novacap, and CDPQ. The company offers a comprehensive suite of payment solutions designed to optimize and accelerate business transactions.
Keep reading to explore the intricacies of Nuvei's fundraising journey and the investors backing this innovative platform.
What Is Nuvei?
Nuvei is a global payment technology company headquartered in Montreal, Canada. Founded by Philip Fayer, who serves as the Chair and CEO, Nuvei operates within the fintech industry.
The company offers a comprehensive suite of payment solutions designed to optimize revenue, reduce fraud, and provide actionable insights. Nuvei connects businesses to their customers in more than 200 markets, supporting 150 currencies and 720 alternative payment methods.
How Much Funding Has Nuvei Raised?
- Series A
- Amount Raised: $60M
- Date: January 2006
- Lead Investors: Goldman Sachs
- Venture Round
- Date: September 2017
- Lead Investors: Caisse de Depot et Placement du Quebec, Novacap
- Private Equity Round
- Amount Raised: $270M
- Date: December 2019
- Post-IPO Secondary
- Amount Raised: $500M
- Date: June 2021
- Post-IPO Equity
- Date: April 2023
- Lead Investors: Ryan Reynolds
Nuvei has raised a total of $830M in funding.
Key Investors
- Goldman Sachs
- Details: Goldman Sachs is a leading global investment banking, securities, and investment management firm. Founded in 1869, it is headquartered in New York City.
- Investment Focus Areas: Financial services, technology, healthcare
- Notable Investments: Uber, Spotify, WeWork
- Caisse de Depot et Placement du Quebec
- Details: Caisse de Depot et Placement du Quebec (CDPQ) is an institutional investor that manages several public and parapublic pension plans and insurance programs in Quebec. It was founded in 1965 and is headquartered in Montreal, Canada.
- Investment Focus Areas: Infrastructure, real estate, private equity
- Notable Investments: Bombardier, SNC-Lavalin, Cirque du Soleil
- Novacap
- Details: Novacap is a leading private equity firm in Canada, founded in 1981. It focuses on investing in middle-market companies.
- Investment Focus Areas: Technology, healthcare, manufacturing
- Notable Investments: Syntax, Firmex, Pivotal Payments
- Ryan Reynolds
- Details: Ryan Reynolds is a renowned actor and entrepreneur. He has recently ventured into business investments, including ownership stakes in various companies.
- Investment Focus Areas: Aviation, telecommunications, fintech
- Notable Investments: Aviation American Gin, Mint Mobile, Maximum Effort
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