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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 offers future banking and card issuing capabilities. While sharing more details about the acquisition,...