Hollywood Actor Ryan Reynolds Invests In Canadian Fintech Firm Nuvei

  • Payments technology company Nuvei Corporation NVEI has received investment from Hollywood actor, producer, and entrepreneur Ryan Reynolds. The firm has not disclosed the investment sum.
  • The latest investment comes in a period when the Canada-based provider of integrated payment and commerce solutions is trying to boost its local acquiring capabilities in Hong Kong, Singapore, and Australia.
  • "Nuvei is impressive," Reynolds said, adding that 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.
  • Also ReadAnalysts Cheer Nuvei Post Upbeat Q4; 20%+ Ex-Crypto Organic Growth Validates Its Moats And Market Share Gains
  • Ryan Reynolds' latest investment comes less than a month after Mint Mobile, the budget wireless provider partly owned by Reynolds, had been acquired by telecom giant T-Mobile US, Inc.TMUS for $1.35 billion. Reynolds' other high-profile investments include American Aviation Gin and Wrexham Football Club.
  • RelatedRyan Reynolds' Mobile Company Gets $1.35B Buyout From T-Mobile: Will He Purchase An NHL Team With That Money?
  • "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", Chair and CEO Phil Fayer said.
  • Price Action: NVEI shares traded higher by 0.43% at $42.38 on the last check Monday.
  • Photo Via Company
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