Hours before trading started Thursday, the Montreal-based payment-processing company raised its target IPO price to US$26 per share, from the US$20 to US$22 range it had set when it began marketing its offering to investors last week. It closed at $45.05, up 63 per cent after a day of trading only amongst institutional investors on an “if, as and when issued” basis. (The Logic, CBC News)

Talking point: This is the largest dollar amount raised by a tech company in TSX history, yet another example of how much investor demand there is for tech stocks of late, especially software-company listings. Its go-public figure surpasses even that of Shopify, which raised $130 million when it went public in 2015. Last year, Lightspeed POS raised $276 million, which was at the time the largest tech IPO in almost a decade. Nuvei is backed by the likes of Novacap and the Caisse de dépôt et placement du Québec, and has almost 800 employees, 50,000 users and handles $35 billion worth of transactions.