#Payments / Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020

If Nuvei’s IPO gets the green light from regulators, it could be the largest Canadian technology IPO of 2020… Founded in 2003, Nuvei’s platform connects to all major payment card schemes worldwide, and supports more than 450 local and alternative payment methods and 150 currencies.

Last summer, Nuvei bought the omnichannel payments firm SafeCharge International Group for $889 million. The London-based proprietary payment platform connects more than 150 local payment methods to major players, including Visa and Mastercard.

[Novacap:] “By marrying SafeCharge’s market-leading technology and Nuvei’s established distribution channels… Nuvei will now be able to deliver fully-supported payment solutions to its clients and distribution networks, regardless of size, vertical or geography.”