Ryan Reynolds announces investment in fintech Nuvei, based in Montreal

By CityNews Staff

Hollywood A-lister Ryan Reynolds is investing in a Canadian-based fintech company, Nuvei Corporation – based in Montreal.

Reynolds, who is already an internationally recognized entrepreneur with ownership in companies like Aviation Gin, Mint Mobile, and is the co-owner of Wrexham AFC, made the announcement Monday.

“I know about as much about fintech as I did about gin or mobile a few years ago. But Nuvei is impressive. 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,” said Reynolds in a statement.

Nuvei is a global payment technology company.

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.

In Feb. 2023, Nuvei finalized the acquirement of B2B and Integrated Payments Technology provider Paya.

“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 Phil Fayer, Nuvei Chair and CEO in a statement.

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