Information on the target
Nuvei is a leading global fintech company dedicated to building the infrastructure for every payment, everywhere. Recently, the company announced the acquisition of a direct acquiring license in Israel, which enhances its operational footprint to 53 markets worldwide. This strategic move is part of Nuvei's overarching strategy, known as "Every Payment Everywhere," which aims to integrate deeply within local payment ecosystems while providing businesses with access to global scale through a unified infrastructure.
The newly acquired license allows Nuvei to enhance its capabilities within Israel, offering improved services for both global brands operating in the region and Israeli businesses looking to expand internationally. Phil Fayer, the Chair and CEO of Nuvei, emphasized the importance of local payment performance in a global commerce landscape, highlighting the company's long-standing commitment to the Israeli market.
Industry overview in the target’s specific country
The Financial Technology (Fintech) industry in Israel has experienced significant growth, driven by the country's robust technology sector and innovative startups. In 2025 alone, approximately 775 new high-tech companies were established, contributing to a record high of $85 billion in high-tech exports, which accounted for 58% of all Israeli exports. This dynamic environment fosters a culture of innovation, making Israel a hotbed for fintech solutions that cater to both local and international markets.
Israel's fintech landscape is characterized by a diverse range of companies that provide various financial services, including payment processing, lending, and investment management. The regulatory framework in Israel has also evolved to support fintech growth, with the Israel Securities Authority implementing laws that facilitate the establishment of payment services and enhance consumer protection. This regulatory support, combined with a highly skilled workforce, positions Israel as a leader in the global fintech arena.
Moreover, the increasing demand for seamless payment solutions among consumers and businesses alike has spurred the growth of fintech companies that focus on enhancing payment performance and user experience. As global brands seek to penetrate the Israeli market, the need for local acquiring solutions becomes paramount, further driving the demand for companies like Nuvei that can provide comprehensive payment infrastructure.
As the fintech industry in Israel continues to evolve, companies are increasingly focusing on integrating advanced technologies such as artificial intelligence and machine learning to optimize payme…