M&A Deal Summary

Nuvei Acquires Paymentez

On September 7, 2021, Nuvei acquired internet software and services company Paymentez

Acquisition Highlights
  • This is Nuvei’s 1st transaction in the Internet Software and Services sector.
  • This is Nuvei’s 3rd transaction in the United States.
  • This is Nuvei’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-09-07
Target Paymentez
Sector Internet Software and Services
Buyer(s) Nuvei
Deal Type Add-on Acquisition

Target

Paymentez

Miami, Florida, United States
Paymentez provides a breadth of payment solutions to merchants and financial institutions, including gateway, white-labeling, card acquiring and prepaid card options. Paymentez supports high-growth eCommerce verticals including online games, delivery platforms, mobility, transportation, sports, as well as other segments throughout Latin America. Paymentez was founded in 2008 and is based in Miami, Florida.

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Buyer(S) 1

Buyer

Nuvei

Montreal, Quebec, Canada
Category Company
Founded 2003
Sector Financial Services
Revenue 1.2B USD (2023)
DESCRIPTION

Nuvei is a payment technology platform that offers direct connections to all major payment card schemes worldwide. Nuvei was founded in 2003 and is based in Montreal, Quebec.

DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Florida) 1 of 1
Country (United States) 3 of 4
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-06 Simplex

Givatayim, Israel

Simplex is a fintech startup providing the fiat infrastructure to the cryptocurrency industry. Simplex provides a zero-chargeback guarantee to its customers, resulting in higher conversion rates. Simplex was founded in 2014 and is based in Givatayim, Israel.

Buy $250M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Paya

Dunwoody, Georgia, United States

Paya is a provider of payment processing and merchant-acquiring solutions in North America. The company provides credit card, ACH, check, gift, and loyalty card processing services to small and medium-sized businesses in the United States and Canada. Paya's payment solutions integrate with merchants' business management software solutions and enable them to securely accept electronic payments through multiple channels, including card-present, e-commerce, and mobile. Through the Company's EFT subsidiary, Paya offers specialized ACH processing services to merchants, processors, and other businesses. It serves a diversified client base of approximately 100,000 SMBs including healthcare providers, non-profit and faith-based organizations, and accounting software companies. Paya is based in Dunwoody, Georgia.

Buy $1.3B
Mergr

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