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Cards and Payments Technologies


Fasken is at the forefront of advising on traditional payment systems as well as new and evolving payment methods, including mobile and digital payments.
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Overview

Fasken has a strong presence in the card space as we provide advice to many of the largest credit card issuers in Canada which includes expertise on loyalty programs, co-brand credit and debit card programs, prepaid cards, gift cards, stored value cards, electronic wallet products and mobile payments.

We also advise extensively in payments and card networks – an area evolving significantly as the Government proposes more and more regulation and codes of conduct in this area.  We interface with merchant acquirers and assist new entrants as technology breaks down the barriers to entry.

With the importance of technology in payments, we have an interdisciplinary team  which draws upon technology and intellectual property expertise focused on financial services so we know and understand the business, the technology around it and the regulatory environment in which it operates. 

Team

Primary Contacts
  • Koker Christensen, Partner | CO-LEADER, FINANCIAL SERVICES, Toronto, ON, +1 416 868 3495, kchristensen@fasken.com
  • Nicolas Faucher, Partner | Co-Leader, Financial Services | Co-Chair of the Corporate/Commercial Regional Section, Montréal, QC, +1 514 397 5114, nfaucher@fasken.com
  • Sylvie Bourdeau, Partner, Montréal, QC, +1 514 397 4388, sbourdeau@fasken.com
  • Kareen A. Zimmer, Partner, Vancouver, BC, +1 604 631 4775, kzimmer@fasken.com

Client Work

  • Chexy Inc. secures C$4.1 million in seed funding round led by UK-based venture capital firm Venrex, [Deal - Chexy Inc.], Startup offering a rewards platform for renters raises capital in seed finding round.
  • Novacap supported Nuvei’s privatization by Advent, valued at US$6.3 billion, alongside Philip Fayer and CDPQ, [Deal - Novacap], Nuvei announced a going-private transaction valued at US$6.3 billion with Advent, alongside Philip Fayer, Novacap and CDPQ.
  • Chexy Inc. completes C$1.3 million pre-seed financing, [Deal - Chexy Inc.], Provider of tenant-facing payments platform completes pre-seed financing
  • Nuvei Corporation completes Nasdaq Listing and U.S. IPO, [Deal - Nuvei Corporation], Nuvei Corporation completed a marketed offering of subordinate voting shares in the United States and Canada, representing Nuvei’s initial public offering in the United States.
  • Nuvei Corporation acquires Paymentez, [Deal - Nuvei Corporation], Acquisition of Paymentez LLC, a leading payment solution provider in Latin America.
  • Nuvei Corporation acquired all of the issued and outstanding shares of SimplexCC Ltd. for US$250 million, [Deal - Nuvei Corporation], Nuvei Corporation acquires SimplexCC.
  • Nuvei on its US $500 million bought deal secondary offering, [Deal - Nuvei Corporation], Nuvei closes previously announced bought deal secondary offering.
  • Nuvei Corporation acquires all of the issued and outstanding shares of Mazooma Technical Services Inc., [Deal - Nuvei Corporation], Nuvei acquires a focused gaming and sports wagering payment technology provider.
  • Nuvei completes a US$552 million bought deal secondary offering, [Deal - Nuvei Corporation], Nuvei completes bought deal offering.

Knowledge

News

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