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  "documentTitle": "Nuvei Corp (NVEI)",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-12-09 00:00:00",
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      "kind": "callout",
      "text": "What Did Fayer Do Prior To Pivotal Payments",
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      "text": "Success With Large Scale Merchants",
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      "kind": "callout",
      "text": "Attended Concordia University Does Not Mean Graduated From Concordia",
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      "kind": "callout",
      "text": "CEO Fayer’s biography has many open hole questions. First, it says he started Nuvei as Pivotal Payments in 2003. However, it fails to say what exactly he did prior to 2003.",
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      "text": "CEO Fayer's biography has many open hole questions. First, it says he started Nuvei as Pivotal Payments in 2003. However, it fails to say what exactly he did prior to 2003. Also notice his biography claims \"the Company expanded organically\". However, there is no time frame associated with this organic growth claim. Lastly, his biography states he \"attended Concordia University\". However, it does not say he graduated.",
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      "kind": "quote",
      "text": "This is actually his second successful business. His first, Paysystems Corp., made millions of dollars and served 23,000 Internet merchants. He was in his early twenties then, making deals with several large international banks. The billing aggregator collected and then dispersed merchant funds. A change to regulations made the business model insolvent and forced Mr. Fayer to rethink his strategy. — Philip Fayer, 31 Quebec, June 2021, Globe & Mail",
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      "text": "Source: Nuvei website (Red emphasis Spruce Point)",
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      "text": "A Critical Look At The Biography of Nuvei's CEO",
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