Nuvei completes acquisition of Smart2Pay
Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced it has completed the previously announced acquisition of Smart2Pay Global Services B.V. (“Smart2Pay”).
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The acquisition strengthens Nuvei’s presence in high-growth digital commerce verticals and further expands the Company’s geographic footprint in additional regions. Furthermore, the transaction creates one of the largest and most complete alternative payment method (APM) solution providers in the world, with 450 APMs supporting online merchants in more than 200 global markets.
RBC Capital Markets advised Nuvei on the transaction, while FT Partners advised Smart2Pay.