When was Nuvei founded?

Nuvei was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is Nuvei located?

Nuvei is headquartered in Montreal, Canada.

Who is the current CEO of Nuvei?

Philip Fayer of Nuvei. They have also founded 1 company.

How many employees does Nuvei have?

As of Aug 31, 2026, the latest employee count at Nuvei is 2753.

Is Nuvei a funded company?

Nuvei is a funded company, having raised a total of $322M across 5 funding rounds to date. The company's 1st funding round was a $51.7M Series B round, raised on 2006.

When was the latest funding round of Nuvei?

Nuvei's latest funding was a Post IPO round on May 19, 2023, with participation from 0 investor. Its primary sector is Payments. In Canada, the Payments sector has seen $159M in funding in 2026 to date.

Is Nuvei a Payments company?

The primary sector of Nuvei is Payments.

Where does Nuvei rank among its competitors?

Nuvei ranks 31st amongst 6274 active competitors, of which 536 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Nuvei?

Nuvei's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

Nuvei - 2026 Company Profile, Team, Funding & Competitors

Q: Is Nuvei an acquired company?

Nuvei got acquired by Advent International on Apr 01, 2024.

Sectors and market segments that Nuvei operate in

Nuvei serves in the FinTech market segments.The primary business model of Nuvei is:

FinTech > Payments > ***** **** > ***** ******

Company Details

Provider of payment solutions, risk management, and banking and issuing services. It offers payment processing, fraud prevention, and chargeback management. The company provides currency management and reconciliation services. It facilitates bank transfers, real-time payments, and crypto and digital asset transactions.

Website: www.nuvei.com/
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2003

Location

Montreal, Canada

Stage

Acquired

Total Funding

$322M in 5 rounds

Latest Funding Round

Post IPO, May 19, 2023, Undisclosed

Investors

Novacap & 8 more

Ranked

31^st among 6274 active competitors

Employee Count

2,753 as on Aug 31, 2026

Investment & Acquisitions

Payoneer & 12 more

Similar Companies

PayPal & 3747 more

Exit Details

Acquired by Advent International (Apr 01, 2024)

View Nuvei's full profile

Nuvei is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Nuvei Corp CIN: 1765159 , United States, Active		$5M - $25M (As on Sep 29, 2020)	-	-

Nuvei got acquired by Advent International on Apr 01, 2024 at an acquisition amount of $*****.

Click here to take a look at Nuvei's acquisition in detail

Nuvei has raised a total funding of $322M over 5 rounds. Its first funding round was on 2006. Nuvei has 8 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Nuvei:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 19, 2023	Undisclosed	Post IPO	-	-	-	-
Sep 29, 2020	$3.23M	Post IPO	-	-	-	-
Dec 11, 2019	$270M	Series D	-	-	Novacap	CDPQ

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View details of Nuvei's funding rounds and investors

The founders of Nuvei is Philip Fayer. Philip Fayer is the CEO of Nuvei.

Here are the details of Nuvei's key team members:

Philip Fayer: Founder & CEO of Nuvei. They serve on the board of 1 company.
Contact Info: 1 email address

View details of Nuvei's Founder profiles and Board Members

Nuvei's employee count trend

Nuvei has 2,753 employees as of Aug 26. Here is Nuvei's employee count trend over the years:

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Top competitors of Nuvei include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Nuvei, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 36 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	82/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 187 others	80/100
9th	GoCardless 2011, London (United Kingdom), Acquired	Provider of automated bank payment collection and recurring billing services	$540M	Adams Street Partners, Permira & 26 others	80/100
10th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
31st	Nuvei 2003, Montreal (Canada), Acquired	Provider of payment solutions, risk management, and banking and issuing services	$322M	Goldman Sachs, Bregal Sagemount & 7 others	72/100

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Nuvei has made 1 investments in companies including Interchecks. Nuvei has also acquired 12 companies including Payoneer and Payaut.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 15, 2026	Acquisition	Payoneer	2005	New York City (United States)
Nov 14, 2024	Acquisition	Payaut	2019	Amsterdam (Netherlands)
Aug 05, 2024	Acquisition	Pay2All		-