A close look will reveal that Nuvei is about as profitable as a fintech can be and far above average.

Source: https://seekingalpha.com/article/4583269-top-picks-2023-part-2-investment-property-stocks?source=feed_all_articles

At the top of the list was Philip Fayer, chair and CEO of Montreal-based payment solutions company Nuvei, who earned a staggering $140.7 million in 2021.

Source: https://globalnews.ca/news/9383371/canada-executive-pay-records-2021/

Essentially, Nuvei just bought a year's worth of unexpected growth without diluting shareholders, enhanced its product offerings, and gained access to key new markets, all while diversifying its revenue mix to be less cyclical.

Source: https://seekingalpha.com/article/4569816-nuvei-acquires-paya-qualitatively-and-quantitatively-accretive?source=feed_all_articles

Nuvei Corp. CEO Philip Fayer is shown in a handout photo.

Source: https://montreal.ctvnews.ca/montreal-payment-tech-company-nuvei-signs-deal-valued-at-us-1-3b-to-buy-paya-1.6222972

Nuvei was founded in 2003.

Source: https://247wallst.com/investing/2023/04/21/__trashed-2700/