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Financial Services

Ryan Reynolds takes a stake in Canadian fintech firm Nuvei

Nuvei Corporation shares edged 1.3% higher to $57.20 on Monday after it was revealed that Hollywood actor, producer and entrepreneur Ryan Reynolds has taken an equity stake in the Canadian fintech company.

The Canadian-born movie star didn’t disclose the details of his investments, however Nuvei said the actor will be “significantly involved” in much of the creative elements of the brand.

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

Reynolds has become a serial entrepreneur with high-profile investments that include American Aviation Gin, Wrexham Football Club, and Mint Mobile, which was recently acquired by T-Mobile US Inc (NASDAQ:TMUS) for US$1.35 billion.

Nuvei is a global payments technology company that connects eCommerce businesses with their customers wherever they are in the world and however they want to pay.

The company 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.

Contact Sean at sean@proactiveinvestors.com

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