Ryan Reynolds makes investment in Canadian fintech Nuvei

Hollywood actor, producer and co-owner of Wrexham Football Club Ryan Reynolds has invested in Canadian global payments fintech Nuvei.

The amount Reynolds has invested in Nuvei has not been disclosed, although in a promotional video, the actor and investor confirmed that he made his investment in Canadian dollars, “which is a real thing”.

It comes less than a month after it was announced that Mint Mobile, a budget wireless provider which is partly owned by Reynolds, had been acquired by telecoms company T-Mobile US for US$1.35 billion.

The actor has also made investments in American Aviation Gin and UK-based Wrexham Football Club.

Nuvei investor Ryan Reynolds

“I know about as much about fintech as I did about gin or mobile a few years ago,” said Reynolds.

“But Nuvei is impressive. The leadership team is exceedingly intelligent and hard-working and it’s about time a Canadian company got the type of attention American tech companies do.”

Phil Fayer, Nuvei’s chair and chief executive officer, added: “We’re thrilled to welcome Ryan to the Nuvei family.

“We’re a global company but extremely proud of our Canadian roots and values, so to have one of the most internationally recognizable Canadians, as well as an entrepreneur with such renowned business acumen, join our investors is a privilege.”

At the start of 2023, Nuvei acquired US-based integrated payments provider Paya in a deal valued at US$1.3 billion.

Nuvei recently launched local acquiring capabilities in Hong Kong, Singapore, and Australia.