skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. NVEI: Business wise, 'til what point Paysafe competite with Nuvei? [Nuvei Corporation]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Business wise, 'til what point Paysafe competite with Nuvei? Could we consider them proxy?

Thanks
Asked by Daniel on March 12, 2024
5i Research Answer:

While both PSFE and NVEI are payment processing companies, there are some differences in the two business models. PSFE historically focused more on digital wallet solutions and online payment processing, while NVEI has a broader focus on providing pay-in/payout solutions encompassing e-commerce, retail, and integrated payment solutions. PSFE also has a stronger focus on entertainment while NVEI is mainly focussed on retail and e-commerce. We would not consider them a proxy for each other although the two are similar. Many companies in the payment processing space are highly similar in what their products/solutions do, but the slight differences shift who the target market is.