Tag: Nuvei

February 18, 2022 BY Steffy Bogdanova

Nuvei announced promotion of Yuval Ziv as President

Senior leadership appointments The company further announced that its Chief Strategy Officer in Digital Payments Praful Morar was named Global Expansion Officer. As Global Expansion Officer, Morar will relocated form London to Singapore. He will lead Nuvei’s international growth in target markets across Asia Pacific, the Middle East and North Africa. Nuvei also appointed Netanel…

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Nuvei
December 14, 2021 BY Steffy Bogdanova

Nuvei and Visa team up to release crypto-friendly debit cards

Nuvei’s Chair and CEO, Philip Fayer, commented: The branded Visa debit card is a huge asset to our partners and their users, enabling the immediate and seamless spending of crypto earnings,” he said, “With this program, Visa has played a vital role in expanding the crypto ecosystem by closing the gap between traditional finance and…

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Forex Weekly Look Back
May 07, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: CEO Alex Pusco talks ActivTrades social trading platform development, SEC Chairman plans to tackle ‘gamification’

Canada-based payments processor, Nuvei, are rumoured to be in the process of acquiring Simplex.  This Israeli start-up company works to provide crypto companies with a fiat infrastructure. Though the acquisition is yet to be officially confirmed, there have been reports that the companies are in definitive talks surrounding a deal worth around $250 million, paid…

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Nuvei
May 07, 2021 BY Steffy Bogdanova

Nuvei linked to Simplex acquisition

Also, in December 2020, the start-up announced the launch of Simplex Banking, its very own crypto banking solution created with the intention of integrating seamlessly into exchanges and wallet apps. Simplex is fully licensed as a financial entity under the European Union.  Although its actual valuation is still unknown, it has reportedly raised around $19…

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Nuvei
August 05, 2020 BY Steffy Bogdanova

Nuvei announces brand merger with SafeCharge

Phil Fayer, Nuvei’s chairman and CEO said: Businesses are looking for partners, both strategic and technological. We’ve become the payment technology partner that our clients can count on to make our world a local marketplace. We aim to deliver unified commerce solutions and expertise, helping our clients capture every payment opportunity that comes their way…

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SafeCharge launches Identity Manager
February 26, 2020 BY Steffy Bogdanova

SafeCharge enters new European markets with Fortuna Entertainment Group

SafeCharge, a Nuvei company, announced yesterday its entry into Slovakia and the Czech Republic and markets with Fortuna Entertainment Group, a betting and gaming operator in Central and Eastern Europe. SafeCharge is also further developing their payment processing capabilities in other countries including Romania and Croatia. Fortuna can accept all standard, local payment methods specific…

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February 20, 2020 BY Steffy Bogdanova

Nuvei teams up with Max Group and agrees to sell CreditGuard

Nuvei, electronic payment processing company, announced yesterday its strategic partnership with the Max Group (MAX), Israel-based financial institution. The collaboration will allow MAX’s commercial customers who wish to set up business activities outside of Israel access to Nuvei’s payment acquiring network in Europe, North America, Latin America, and Asia Pacific. Nuvei also agreed to sell…

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Nuvei completes acquisition of SafeCharge for US $889m
August 02, 2019 BY Valentina Kirilova

Nuvei completes acquisition of SafeCharge for US $889m

Montreal-based payment technology firm and provider of global payment solutions, Nuvei, announced that it has completed the acquisition of SafeCharge International Group Limited for approximately US $889 million. LeapRate reminds that the Financial Conduct Authority has approved the proposed change in control of SafeCharge Financial Services Limited last month. The acquisition creates a global payment…

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