Nuvei Corporation, the global payment technology partner of thriving brands, has reported its financial results for the first quarter ended March 31, 2021.
“We’re very pleased with our results for the first quarter with both continuing momentum in the core business and the acceleration of new client wins contributing to 132 per cent total volume growth, 80 per cent revenue growth and 97 per cent Adjusted EBITDA growth over the first quarter of 2020,” said Philip Fayer, Nuvei’s chair and CEO.
“Our focus on building leading-edge solutions to facilitate and help our clients best connect with their clients continued during the first quarter as we expanded our reach with new markets, added multiple alternative payment methods and introduced new capabilities like supporting payment in cryptocurrencies.
"These initiatives coupled with significant volume growth from current and new clients position us extremely well to drive our overall performance and growth this year and into the future. We are proud of our results and raising our financial outlook for the full year 2021.”
