NUVEI
“ At Nuvei , we help our clients to connect with theirs by enabling them to accept payments or to pay globally . We are today the leader in terms of global payment coverage , with more than 500 different payment methods on top of the cards we ’ re acquiring and our own licences ”
YUVAL ZIV PRESIDENT , NUVEI
Progress of digital payments propelled due to the pandemic In March 2020 , traditional shopping and social activities were halted and the world , in effect , went almost completely cashless overnight . Events moved further and faster into the digital realm . Contactless methods of shopping for essentials were introduced . It became mandatory to book a space and pay online for any in-person events .
All of the above posed challenges for businesses across various sectors , as well as people ’ s everyday lives , so Nuvei launched into action and and helped merchants devise ways around some of the issues .
“ When the pandemic just started , we saw that a lot of the UK ’ s small retailers were facing a big issue . They didn ’ t have the capability , the resources , the time to go and open a complete new web shop to allow the user to transact online , but they also didn ’ t want to lose all of their day-to-day transactions . So , with unique QR codes and pay-by-link capabilities , we enabled these companies to continue trading . Those capabilities brought in at least the opportunity for small UK retailers to save their businesses .”
For Nuvei , it was almost as though the ongoing situation was tailored towards its goals , and staff relished the opportunity to get stuck into the various challenges posed by COVID-19 .
“ Think about the summer of 2020 : to do anything or go anywhere , you had to all of a sudden book your place and pay in advance – in other words , cashless payments were required almost everywhere . So , together with cities across Europe , we developed the Smart City Platform – customers could book seats and pay online safely and securely , all on one platform ,” Ziv explains .
“ And this is exactly what I love in this industry ,” Ziv says enthusiastically . “ The fact that we are engaging , we are helping . It ' s not just like a provider and a client . It is a real partnership that we are bringing into the world . And we are helping clients – our clients , yes , but also their clients – to engage .”
2003
Year founded
$ 724.5mn
In the 12 months December 31 , 2021 , revenue increased 93 % to $ 724.5mn ( source Q4 / FY 2021 results released March 8 , 2022 )
1,350 + Number of employee