{"id":17814,"date":"2019-12-12T15:00:30","date_gmt":"2019-12-12T20:00:30","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/caisse-participating-in-financing-round-for-quebec-payment-tech-provider-140138"},"modified":"2019-12-12T15:00:30","modified_gmt":"2019-12-12T20:00:30","slug":"caisse-participating-in-financing-round-for-quebec-payment-tech-provider","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/12\/12\/caisse-participating-in-financing-round-for-quebec-payment-tech-provider\/","title":{"rendered":"Caisse participating in financing round for Quebec payment-tech provider"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"><img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2017\/09\/DigitalPayment-123RF.png\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"Caisse participating in financing round for Quebec payment-tech provider\"> <\/div>\n<\/div>\n<p class=\"byline\"><span>Staff<\/span>&nbsp;|&nbsp;December 12, 2019<\/p>\n<p>The&nbsp;Caisse&nbsp;de d\u00e9p\u00f4t et placement du Qu\u00e9bec is taking part in a $358-million round of&nbsp;equity financing by Montreal-based Nuvei, a global payment-technology provider.<\/p>\n<p>Nuvei offers omni-channel, end-to-end, payment-acceptance solutions, foreign-exchange services, streamlined payouts and more for clients in&nbsp;Asia Pacific, Canada, Europe, Latin America and the United States.<\/p>\n<p>The Caisse is&nbsp;already a&nbsp;shareholder in Nuvei, which is currently valued at $2.65 billion. Private equity firm Novacap and some of its limited partners are also participating in this latest financing.<\/p>\n<p><strong>Read: <a href=\"https:\/\/www.benefitscanada.com\/news\/caisse-taking-stake-in-fighter-pilot-training-company-cppib-in-latin-american-fitness-chain-139424\">Caisse taking stake in fighter pilot training&nbsp;company, CPPIB in Latin American fitness chain<\/a><\/strong><\/p>\n<p>The financing will allow the company to increase its plans for both organic and acquisition-related growth,&nbsp;according to a press release.&nbsp;In 2019, it acquired multiple companies, including SafeCharge International Group Ltd., another global payment-technology company.<\/p>\n<p>\u201cOur partnership continues ahead to support the&nbsp;global expansion of a leading Quebec tech firm,\u201d said Charles \u00c9mond, executive vice-president of private equity and strategic planning for Quebec at the Caisse. \u201cSince this initial investment, the CDPQ and its partners are proud to have sustained Nuvei\u2019s growth, especially through the transformational acquisition of SafeCharge, and to have supported the emergence of a world-class, global player in its field.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/caisse-invests-in-quebec-venture-capital-tech-firm-126153\">Caisse invests in Quebec venture capital tech firm<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/caisse-participating-in-financing-round-for-quebec-payment-tech-provider-140138\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;December 12, 2019 The&nbsp;Caisse&nbsp;de d\u00e9p\u00f4t et placement du Qu\u00e9bec is taking part in a $358-million round of&nbsp;equity financing by Montreal-based Nuvei, a global payment-technology provider. Nuvei offers omni-channel, end-to-end, payment-acceptance solutions, foreign-exchange services, streamlined&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17814"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=17814"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17814\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=17814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=17814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=17814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}