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Nuvei completes $270M common equity financing

Nuvei Technologies completed a $270 million common equity financing, valuing the Montreal-based payment technology provider at $2 billion.

The investment mostly came from Nuvei's existing shareholders, such as Novacap TMT, supported by some of its key limited partners, and Caisse de dépôt et placement du Québec.

The company said the financing will further bolster its organic and acquisition growth plans.