Cyprus · Payments & e-money
Nuvei Limited
Nuvei Limited is a private limited company registered in Cyprus under number HE 129880, with its office in Nicosia. The Central Bank of Cyprus authorises it as an electronic money institution under licence 115.1.3.9, which it has held since July 2018. It was formerly named SafeCharge Limited. It is a wholly owned subsidiary of Nuvei Corporation of Montreal, which a group led by Advent International took private in November 2024. It provides card acquiring, payment and e-money services to merchants.
Licences and registrations
Held by Nuvei Limited (LEI 98450092FC6781F74S30). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterCentral Bank of CyprusLinked by LEI. Matched by Elucidate to GLEIF on name and country only. | Electronic money institutionE-Money / Stored Value Institution | 115.1.3.9 | Cyprus | Active | 2018-07-19 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- NUVECY22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of NUVECY22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2022-10-01
- Last updated
- 2022-10-01
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
100% Nuvei Corporation
Firm type
Merchant acquiring and processing
Trades as Nuvei
- Standing
- The firm was formerly named SafeCharge Limited. The EBA register shows its electronic money institution authorisation from the Central Bank of Cyprus as active.
- Ownership
- Nuvei Corporation owns 100% of the firm directly. Since November 2024 Nuvei Corporation has been wholly owned by Neon Maple Purchaser Inc. That company is held about 46% by Advent International, 24% by Philip Fayer, 18% by Novacap and 12% by CDPQ.
- Direct parent
- Nuvei Corporation ↗, Canada 100%
- Head office
- 9 Kafkasou Street, Treppides Tower, Floor 3, Office 301, Aglantzia, 2112 Nicosia, Cyprus
- Company register
- Cyprus Registrar of Companies HE 129880
- Former name
- SafeCharge Limited
Online
- Websites & references
- nuvei.com ↗
docs.nuvei.com ↗ developer documentation (group) - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 10 pages consulted
- lb.lt/en/sfi-financial-market-participants/nuvei-limited
- ftc.gov/legal-library/browse/cases-proceedings/nuvei
- ftc.gov/news-events/news/press-releases/2026/09/payment-processor-nuvei-must-implement-robust-mer
- sec.gov/Archives/edgar/data/1765159/000176515924000007/nuvei-aifx2023xfvcleanv2.htm
- nuvei.com/
- nuvei.com/posts/nuvei-appoints-new-coo-cfo-cpto
- nuvei.com/posts/nuvei-announces-completion-of-going-private-transaction
- nuvei.com/posts/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-l
- nasdaq.com/articles/nuvei-announces-completion-going-private-transaction
- nuvei.com/legal/licences-and-certifications
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Central Bank of Cyprus authorises the firm as an electronic money institution under licence 115.1.3.9. The firm provides services in other EEA states under this authorisation through passporting.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of Cyprus Cyprus | Electronic money institution | 115.1.3.9 | In its own name | Active | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Not disclosedThe group states that its EEA-licensed subsidiaries must safeguard customer funds. The pages reviewed do not say how the firm does this.
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
The EBA register lists payment services, card acquiring and e-money issuance as the firm's authorised activities. The group sells acquiring, payouts and business accounts under the Nuvei brand.
The group states that its Cyprus subsidiary uses EU passporting rights to serve EEA member states, subject to certain exceptions. The Bank of Lithuania lists the firm as providing services in Lithuania without a branch.
- Sells to
- Enterprises · Small businesses · Platforms and marketplaces
- Serves customers in 2 countries
- Cyprus · Lithuania
Leadership
Researched 29 Sep 2026 · Sources
- Chair & chief executive
- Philip Fayer Chair and Chief Executive Officer, Nuvei group
- Chief financial officer
-
David McLaughlin
Chief Financial Officer, Nuvei group
- Compliance / MLRO
- Samir Zabaneh Chief Operating Officer, Nuvei group (responsible for compliance, risk and underwriting globally)
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Enforcement
The US Federal Trade Commission (FTC) announced a USD 4.85 million settlement with Nuvei entities, including the firm, over alleged processing for deceptive merchants.
ftc.gov ↗ -
Leadership
The Nuvei group appointed Samir Zabaneh as Chief Operating Officer, David McLaughlin as Chief Financial Officer and Eli Rosner as Chief Product and Technology Officer.
nuvei.com ↗ -
Merger / acquisition
The Nuvei group agreed to acquire Payoneer Global Inc. for about USD 2.75 billion. Completion is expected in mid-2027.
nuvei.com ↗ -
Merger / acquisition
Neon Maple Purchaser Inc., an entity formed by Advent International, completed its acquisition of the parent, Nuvei Corporation, at about USD 6.3 billion enterprise value.
nuvei.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- NUVECY22XXX
- How the BIC breaks down
- NUVEBank
- CYCountry · Cyprus
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 98450092FC6781F74S30
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 115.1.3.9
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name and country only.
- Register-entry ID
- 29a7f72c93af
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Payment services
- Card acquiring
- E-money / stored value
- Licensed in
- Cyprus
- Country · region
- Cyprus · Europe & Central Asia
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Nuvei Corporation · Canada894500ET22NO0AUZRG34 ↗
The Nuvei Corporation group has 3 institutions in the directory, in 2 countries: 1 holds a BIC and 2 do not.
Including Nuvei Global Services B.V., Payaut B.V..
See the Nuvei Corporation group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- TREPPIDES TOWER FLOOR 3 9 KAFKASOU STREET NICOSIA (LEFKOSIA) 2112 CYPRUS
- Operational address
- TREPPIDES TOWER FLOOR 3 9 KAFKASOU STREET NICOSIA (LEFKOSIA) 2112 NICOSIA (LEFKOSIA) CYPRUS
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>NUVECY22XXX</BICFI>
<LEI>98450092FC6781F74S30</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>NUVECY22XXX</BICFI>
<LEI>98450092FC6781F74S30</LEI>
<Nm>NUVEI LIMITED</Nm>
<PstlAdr>
<TwnNm>NICOSIA LEFKOSIA</TwnNm>
<Ctry>CY</Ctry>
<AdrLine>TREPPIDES TOWER FLOOR 3 9 KAFKASOU STREET NICOSIA (LEFKOSIA) 2112</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: nuvei.com (official website); David McLaughlin: nuvei.com (official website) · original.
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