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Private company

Nuvei

Logo: Company logo, Public domain, via Wikimedia Commons5

Global payments technology company

Nuvei Corporation, formerly known as Pivotal Payments, is a Canadian payment processor headquartered in Montreal, Quebec. The company provides payment-processing and acquiring services for online and in-person transactions.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

-$696.0KNet income, fiscal 20236
2003Founded1
  • Industryfinancial services1
  • HeadquartersMontreal1
  • Websitewww.nuvei.com
  • Legal formcompany1
  • Incorporated inQuebec, Canada7
  • Business address1100 Rene-Levesque Boulevard West #900, Montreal7
  • LEI894500ET22NO0AUZRG344
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered address900-1100 Rene-Levesque Blvd. West, H3B 4N4 Montreal, Canada4
  • Registered withCompanies Office (Province of Manitoba), 1235004-14

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Nuvei Corporation, formerly known as Pivotal Payments, is a Canadian payment processor headquartered in Montreal, Quebec. The company provides payment-processing and acquiring services for online and in-person transactions.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-0.0%Return on equity6
0.61×Debt to equity6
$252.8MFree cash flow6

Financial statements

Gross profit896$967.0M in 2023+215% since 2020
0$250.0M$500.0M$750.0M$1.0B2020: $307.0M$307.0M20202021: $576.8M$576.8M2021+88%2022: $671.9M$671.9M2022+16%2023: $967.0M$967.0M2023+44%
Operating income896$116.9M in 2023+62% since 2020
0$50.0M$100.0M$150.0M2020: $72.0M$72.0M20202021: $145.5M$145.5M2021+102%2022: $80.9M$80.9M2022−44%2023: $116.9M$116.9M2023+44%
Net income896-$696.0K in 2023−99% since 2020
-$200.0M-$100.0M0$100.0M$200.0M2020: -$103.7M-$103.7M20202021: $107.0M$107.0M20212022: $62.0M$62.0M2022−42%2023: -$696.0K-$696.0K2023
Fiscal year20192020202120222023
Cost of revenue$147.8M9$171.4M6$222.9M6
Gross profit$307.0M8$576.8M9$671.9M6$967.0M6
Selling, general and admin$431.3M9$591.0M6$850.1M6
Operating income$72.0M8$145.5M9$80.9M6$116.9M6
Interest$16.9M9$22.8M6$121.3M6
Income before tax$132.0M9$87.5M6$14.9M6
Income tax$24.9M9$25.6M6$15.6M6
Net income-$103.7M8$107.0M9$62.0M6-$696.0K6
Earnings per share-$1.088$0.739$0.406-$0.066
Earnings per share (diluted)-$1.088$0.719$0.396-$0.066
Shares (weighted, basic)139.7M shares9141.6M shares6139.2M shares6
Shares (weighted, diluted)144.4M shares9144.6M shares6139.2M shares6

Compare Nuvei with another company

Corporate structure

Nuvei sits at the top of its group. 8 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Nuvei

  • GLAZER CAPITAL, LLC Filed SCHEDULE 13G/A on Nuvei, latest Feb 14, 2025 (2 filings since Nov 13, 2024)
  • FIL Ltd Filed SCHEDULE 13G/A on Nuvei, latest Dec 6, 2024 (2 filings since Oct 7, 2024)
  • Philip Fayer Filed SC 13D/A on Nuvei, latest Nov 15, 2024 (5 filings since Feb 14, 2022)
  • Wellington Management Company Filed SC 13G/A on Nuvei, latest May 6, 2024 (5 filings since Oct 11, 2022)
  • FMR LLC Filed SC 13G/A on Nuvei, latest Sep 11, 2023 (4 filings since Feb 9, 2022)
  • Capital International Investors Filed SC 13G/A on Nuvei, latest Jul 10, 2023 (5 filings since Feb 11, 2022)
  • CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Filed SC 13G on Nuvei, latest Feb 14, 2022
  • Novacap Management Inc. Filed SC 13G on Nuvei, latest Feb 14, 2022
  • Nuvei Montreal, Quebec, Canada
    • Nuvei Consulting Services (Israel) Limited Subsidiary · Tel Aviv, Israel
    • Nuvei Global Services B.V. Subsidiary · Amsterdam, Netherlands
    • NUVEI LIMITED Subsidiary · Λευκωσία, Cyprus
      • NUVEI BULGARIA SLLC (НУВЕЙ БЪЛГАРИЯ) Subsidiary · Sofia, Bulgaria
    • Nuvei Services Limited Subsidiary · Nicosia, Cyprus
    • Payaut B.V. Subsidiary · Amsterdam, Netherlands
    • PPI Holding US Inc. Subsidiary · Scottsdale, Arizona, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Nuvei reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$33.1M6 Dec 31, 2023$31.9M6 Dec 31, 2022+3.8%
Operating-lease assets (leased space)$06 Dec 31, 2023$09 Dec 31, 2022

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$170.4M6 Dec 31, 2023$751.7M6 Dec 31, 2022−77.3%
Long-term investments$6.0M6 Dec 31, 2023$678.0K6 Dec 31, 2022+790.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.0B6 Dec 31, 2023$1.1B6 Dec 31, 2022+78.3%
Intangible assets, net (excluding goodwill)$1.3B6 Dec 31, 2023$695.0M6 Dec 31, 2022+87.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$3.2M6 Dec 31, 2023$2.1M6 Dec 31, 2022+49.1%

Timeline

  1. 2003Founded Founded1

Filings

120 filings to the SEC since October 2021: 3 annual reports, 25 large holders, 92 other. The latest 20:

  1. Feb 14, 2025SCHEDULE 13G/A EDGAR
  2. Dec 6, 2024SCHEDULE 13G/A EDGAR
  3. Nov 25, 202415F-12B EDGAR
  4. Nov 15, 2024SC 13D/A EDGAR
  5. Nov 15, 2024SC 13E3/A EDGAR
  6. Nov 15, 2024S-8 POS EDGAR
  7. Nov 15, 2024S-8 POS EDGAR
  8. Nov 15, 2024S-8 POS EDGAR
  9. Nov 15, 20246-K EDGAR
  10. Nov 13, 2024SC 13G EDGAR
  11. Nov 13, 20246-K EDGAR
  12. Nov 12, 20246-K EDGAR
  13. Nov 12, 20246-K EDGAR
  14. Oct 7, 2024SC 13G EDGAR
  15. Aug 6, 20246-K EDGAR
  16. Aug 6, 20246-K EDGAR
  17. Jun 24, 2024SC 13E3/A EDGAR
  18. Jun 20, 20246-K EDGAR
  19. Jun 18, 20246-K EDGAR
  20. Jun 11, 20246-K EDGAR

The 120 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Nuvei is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNuvei Corp2
  • CIK0001765159
  • Employer ID (EIN)48-12984352
  • Incorporated inQuebec, Canada2
  • Fiscal year endsDecember 312
  • Industry code (SIC)7389 Services-Business Services, NEC2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address1100 Rene-Levesque Boulevard West #900, Montreal, Quebec, Canada2
  • Phone514-227-68902
  • On EDGAR sinceSep 29, 20202
  • Filings123 in all: 6-K (65), SC 13G/A (12), SC 13G (9), SC 13E3/A (4), 40-F (3), S-8 (3), S-8 POS (3), SC TO-T/A (3)2
    All 26 form types

    CORRESP (2), SC TO-C (2), SCHEDULE 13G/A (2), 15F-12B (1), 25-NSE (1), 8-A12B (1), CERT (1), D (1), DEFA14A (1), F-10 (1), F-10/A (1), F-X (1), SC 13D (1), SC 13D/A (1), SC 13E3 (1), SC TO-T (1), SUPPL (1), UPLOAD (1)

  • Latest filingsAnnual report (40-F) Mar 5, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

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