- Financial technology firm Nuvei Corporation’s (NVEI) latest investor comes with some name recognition
- Actor Ryan Reynolds is investing in the Montreal-based global payments company
- Reynolds has a long track record of investing and entrepreneurship
- Nuvei CEO Phil Fayer called the investment a “privilege”
- Nuvei Corporation (TSX:NVEI) is down 0.85 percent, trading at $55.98 at 10:00 a.m. ET
Financial technology firm Nuvei Corporation’s (NVEI) latest investor comes with some name recognition.
Actor Ryan Reynolds is investing in the Montreal-based global payments company.
From Vancouver, Reynolds is known for more than starring in Hollywood blockbusters and cutting across genres. The 46-year-old has a long track record of investing and entrepreneurship.
Reynolds has successfully invested and grown his Aviation Gin brand, based out of Portland, Oregon.
He was also an investor in American budget wireless provider Mint Mobile, which was acquired by telecom giant T-Mobile for US$1.35 billion.
He’s also garnered a ton of publicity as co-owner of the Wrexham Football Club in the United Kingdom.
“I know about as much about fintech as I did about gin or mobile a few years ago. But Nuvei is impressive,” the Deadpool star said Monday.
“The leadership team is exceedingly intelligent and hard-working and it’s about time a Canadian company got the type of attention American tech companies do.”
Nuvei’s focus lies in accelerating its customers’ revenue growth through payments.
It has card acquiring services in more than 200 markets, including direct local acquiring in over 47 countries, as well as access to more than 600 alternative payment methods.
Nuvei also acquired integrated payments technology provider Paya earlier this year.
“We’re thrilled to welcome Ryan to the Nuvei family. We’re a global company but extremely proud of our Canadian roots and values, so to have one of the most internationally recognizable Canadians, as well as an entrepreneur with such renowned business acumen, join our investors is a privilege,” said Nuvei Chair and CEO Phil Fayer.
Nuvei Corporation (TSX:NVEI) is down 0.85 percent, trading at $55.98 at 10:00 a.m. ET.