Nuvei agrees to acquire licensed Payment Institution in Brazil

August 6, 2024

https://www.prnewswire.com/news-releases/nuvei-agrees-to-acquire-licensed-payment-institution-in-brazil-302214309.html

Proposed acquisition represents significant milestone in global expansion strategy and further strengthens Nuvei’s presence in LATAM

MONTREAL, Aug. 5, 2024 /PRNewswire/ — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX:NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil. This strategic milestone is expected to enhance Nuvei’s capabilities in the Brazilian market and reinforces its commitment to the Latin American (LATAM) region.

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