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Nuvei Corp T.NVEI

Alternate Symbol(s):  NVEI

Nuvei Corporation is a Canadian fintech company accelerating the business of clients around the world. Its modular, flexible and scalable technology allows companies to accept payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in over 200 markets, with local acquiring in 50 markets, 150 currencies and 716 alternative payment methods (APMs), it provides the technology and insights for customers and partners to succeed locally and globally with one integration. Its technology platform is purpose-built for eCommerce, integrated payments and business to business. Its platform enables customers to pay and/or accept payments worldwide regardless of their customers’ location, device or preferred payment method. Its technology includes gateway, global processing, APMs, currency management, global payouts, risk management, card issuing, open banking, data reporting, and reconciliation tools.


TSX:NVEI - Post by User

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Post by retiredcfon Jan 10, 2021 8:11am
381 Views
Post# 32262778

Potential Growth

Potential GrowthNVEI is using a more 'traditional' sales team focus for growth. NVEI is operating cash flow positive, so we would be less concerned with the negative earnings overall. Regardless, losses have been increasing as the company has been growing which is not unreasonable for high growth companies but something to watch. As the top line grows, the level of investments to fund the growth tends to normalize or even decline which helps improve profits. 

So said 5iResearch when questioned last week. GLTA
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