Nuvei, a leading Canadian fintech, has responded to speculations about going private. The company confirmed that a special committee of independent directors is exploring strategic alternatives, including potential privatization. This announcement spurred a 30% surge in Nuvei’s stock price.
Although discussions with third parties are ongoing, no agreement has been reached. The Special Committee continues evaluating proposals and strategic options.
Meanwhile, Nuvei has been advancing its fintech offerings, recently launching a tokenization technology for enhanced payment security. Trading on the Toronto Stock Exchange, Nuvei supports 150 currencies and 680 alternative payment methods, underlining its significant role in global fintech.
Want to know more? Check out the source code on Fintech.ca.