Nuvei Corporation, the Canadian payments and fintech giant, and Paya Holdings Inc., a leading provider of integrated payment and commerce solutions in the U.S., announced they have signed a legally binding agreement under which Nuvei will acquire Paya in an all-cash deal for roughly $1.3 billion. Said Philip Fayer, Nuvei’s Chair and CEO, “the proposed acquisition of Paya is a powerful next step in the evolution of Nuvei, creating a preeminent payment technology provider with strong positions in global e-commerce, Integrated Payments and business-to-business (“B2B”)”.
Nuvei Enters Definitive Agreement to Acquire Paya
