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Ryan Reynolds Takes Stake in Canadian Fintech Firm Nuvei
Posted
April 19, 2023
Views
3,868
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April 19, 2023
3,868
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2:01Now PlayingFinancial technology firm Nuvei Corp., a provider of payments services to the sports betting industry, announced an investment from Hollywood actor and investor Ryan Reynolds.
The company and Reynolds didn’t disclose the amount. Nuvei shares rose as much as 1.6% before giving up those gains to trade down 0.7% at 10:27 a.m. in Toronto.
Reynolds also did a marketing pitch for Nuvei. On Twitter, he posted a video in which he sits on Chief Executive Officer Philip Fayer’s desk and pokes fun at his low profile compared with US technology executives.
The company, founded in Montreal in 2003, offers a payments platform for businesses in close to 50 countries. It offers services to clients from the gaming and crypto industries, including DraftKings Inc. and Binance Holdings Ltd.
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