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Global Payments Platform Nuvei Set to Acquire Simplex For Approximately $250 Million

Global Payments Platform Nuvei Set to Acquire Simplex For Approximately $250 Million   Nuvei, a global payment technology provider based in Canada, recently announced it has acquired Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, for approximately $250 million. Nuvei reported that the acquisition will provide it with an electronic money institution (EMI) license to offer IBAN accounts to end-users and corporations, and offe...
Philip Fayer Nimrod Lehavi Simplex Co Mazoom Technical Services Inc Native Commerce Platform Mazoom Technical Services

Nuvei acquires Israeli fintech co Simplex for $250m

Nuvei acquires Israeli fintech co Simplex for $250m Simplex provides a secure infrastructure for clearing cryptocurrency transactions and simplifies buying and selling. Canadian payment technology company Nuvei Corporation (TSX: NVEI) today announced that it has entered into a definitive agreement to acquire Israeli fintech startup Simplex for $250 million cash. Simplex provides a secure infrastructure for clearing cryptocurrency transactions. Completion of the acquisition is subject to customa...
Ein Vered Vilniaus Apskritis Tel Aviv Erez Shapira Philip Fayer Teddy Sagi

Forter Partners with Nuvei to Extend its Global Network of Merchants and Banks Fighting Online Fraud and Optimizing Payments

(2) A single payment processing and fraud prevention solution enables retailers to increase revenue by approving more customers and increasing conversions without increased risk of fraud Forter, the leader in e-commerce fraud prevention, today announced that Nuvei (TSX: NVEI and NVI.U), the global payment technology partner of thriving brands, will be joining its global network of merchants and banks to fight online fraud and approve more legitimate customers instantaneously. The increased ...
United States Philip Fayer Liron Damri Yuval Ziv Global Merchant Network Native Commerce Platform

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