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Payment Tech Firm Nuvei Prepares to File for IPO Led by Goldman

Aug. 28, 2020, 4:40 PM

Nuvei Technologies Corp., a seller of payment technology to merchants and software vendors, is preparing to file for an initial public offering in the U.S. and Canada next month, according to people familiar with the matter.

Montreal-based Nuvei was valued at $2 billion in December, when shareholders Caisse de depot et placement du Quebec and private equity firm Novacap Investments Inc. helped it raise $270 million in equity. The IPO is expected to increase that valuation, said one the people, who asked not to be named because the matter is private. Goldman Sachs Group Inc. is the lead underwriter, ...