Nuvei | Jotup

KoreConX selects Nuvei to power payments for its private investments platform

Retrieved on:

Wednesday, November 1, 2023

FINRA, Jofre, Legislation, Jumpstart Our Business Startups Act, Trust, A2A, ATS, Ecosystem, Partnership, JOBS, Investment, TSX, Cryptocurrency, Security (finance), Nuvei

MONTREAL and NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by KoreConX, a leading infrastructure technology platform that enables individuals to invest in private companies with regulated intermediaries, as its primary payments partner.

Key Points:

Private businesses can accept SEC-compliant investments from as little as $50 via card payments and A2A transactions.
Through its global partnership with Nuvei, private businesses based in the U.S. that are connected to the KoreConX infrastructure platform can accept SEC-compliant investments from as little as $50 via card payments and account-to-account transactions.
Nuvei Chair and CEO Philip Fayer added: "We're excited to partner with KoreConX as it reshapes the investing landscape for private businesses.
Facilitating SEC-compliant investments for entrepreneurs and private businesses is a game-changer for democratizing investing."

Guidde announces $15.6M in Funding to Reimagine Software Adoption With AI Video

Retrieved on:

Tuesday, October 31, 2023

BELMONT, Calif., Oct. 31, 2023 /PRNewswire/ -- Guidde, the video documentation platform harnessing generative AI, today announced a $11.6 million Series A funding round led by Norwest Venture Partners, joined by existing investors Entrée Capital, Honeystone Ventures, Crescendo Ventures, and new investor Tiferes Ventures. The Series A funding comes within a year of the company's product launch, bringing its total capital raised to $15.6 million. Guidde will use the capital to expand its engineering and data science teams and grow its go-to-market team as it looks to develop its presence around the globe.

Key Points:

As a result, employees are tasked with operating more tools with less training than ever before, negatively impacting software adoption and engagement.
The product leverages generative AI to enable anyone to create, edit and share how-to guides for any software or process - without requiring any prior design or video skills.
What today's software is missing is an effective navigation system," said Yoav Einav, Co-Founder and CEO of Guidde."
"At Guidde we are building the 'Waze for software', which helps you navigate any application using video.

Sensible Money Names David Schoenecker Chief Operating Officer

Retrieved on:

Thursday, October 26, 2023

Nuvei, Growth, Commerce, Workforce, Chemistry, Acquisition, Bond, Schoeneck & King, Financial services, Management

SCOTTSDALE, Ariz., Oct. 26, 2023 /PRNewswire-PRWeb/ -- Sensible Money (sensiblemoney.com), a leader in helping clients transition out of the workforce into a financially secure retirement, has added David Schoenecker to its executive team. Schoenecker, who was instrumental in scaling payments processor Base Commerce before its acquisition by Nuvei, joins the company as chief operating officer as it seeks to expand while maintaining exceptional client service.

Key Points:

Financial planning firm Sensible Money has named David Schoenecker COO.
SCOTTSDALE, Ariz., Oct. 26, 2023 /PRNewswire-PRWeb/ -- Sensible Money ( sensiblemoney.com ), a leader in helping clients transition out of the workforce into a financially secure retirement, has added David Schoenecker to its executive team.
Schoenecker, who was instrumental in scaling payments processor Base Commerce before its acquisition by Nuvei, joins the company as chief operating officer as it seeks to expand while maintaining exceptional client service.
"I'm excited to join a firm with such great chemistry and a demonstrated commitment to client success," said Schoenecker.

Curve selects Nuvei to boost customer experience and facilitate international expansion

Retrieved on:

Thursday, October 19, 2023

Cropping system, Mastercard, Nuvei, Growth, VISA, TSX, Cryptocurrency, Online shopping, Curve

Card payments are optimized through Nuvei’s smart routing engine to maximize card payment acceptance and reduce operating costs.

Key Points:

Card payments are optimized through Nuvei’s smart routing engine to maximize card payment acceptance and reduce operating costs.
All the relevant APMs in each market Curve operates will be available to Curve customers soon.
Consumers simply will not tolerate delays or the inability to transfer funds, so we are proud to partner with Nuvei.
Bialick continued: “Nuvei enables us to accelerate our growth and scale at pace without compromising the optimization of our payments function.

Nuvei and Esenda partner to launch online payments for education providers

Retrieved on:

Monday, October 16, 2023

Nuvei, Collection, School, Parent, Partnership, TSX, Student, Tutoring, Online shopping

Payments can be made online for tuition fees, corporate debentures, extra-curricular activities, and additional student-related fees.

Key Points:

Payments can be made online for tuition fees, corporate debentures, extra-curricular activities, and additional student-related fees.
In addition to card payments, an education provider’s single integration with Nuvei and Esenda enables it to offer every relevant global alternative payment method to its students and their families, no matter where they are located.
Nuvei Chair and CEO Philip Fayer commented on the announcement: “Consumer expectations have changed when it comes to the convenience of making payments online in all areas of their lives, and education providers cannot afford to fall behind.
The partnership is already live with one of the largest educational providers in Dubai, enabling the school to accept global payments, including card payments from all major issuers in the region, online for the first time.

Nuvei launches upgraded solution for B2B payments in Canada

Retrieved on:

Thursday, October 5, 2023

Level 3, TSX, Commerce, Nuvei, Organization, ISO 8583, Growth, AR, ERP, Online shopping

MONTREAL, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has launched its enhanced payments solution for business-to-business (B2B) payments in Canada.

Key Points:

MONTREAL, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has launched its enhanced payments solution for business-to-business (B2B) payments in Canada.
B2B businesses working with Nuvei are now able to offer their customers in Canada a holistic payments solution including Card-Not-Present and account-to-account processing capabilities, Level 3 processing and Nuvei’s advanced proprietary accounts receivable (AR) solution, directly integrated with their enterprise resource planning (ERP) system.
B2B payments is a rapidly growing sector of the Canadian payments landscape, as well as a requirement for the ongoing growth of many businesses focused on domestic or cross-border commerce in Canada.
Philip Fayer, Nuvei Chair and CEO, commented on the announcement: “B2B payments is a key growth vertical for Nuvei.

Nuvei opens new office in China as it continues to expand its footprint in APAC

Retrieved on:

Tuesday, October 3, 2023

Mastercard, TSX, Growth, Cropping system, Nuvei

MONTREAL, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has opened its latest operational hub in China as it continues to expand its presence in the Asia-Pacific (APAC) region.

Key Points:

MONTREAL, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today it has opened its latest operational hub in China as it continues to expand its presence in the Asia-Pacific (APAC) region.
Philip Fayer, Nuvei Chair and CEO, commented on the announcement: “We’re thrilled to add an office in China to our global footprint as we continue to build our services in APAC.
Ecommerce businesses rely on payments partners with global reach as well as local market expertise when they scale internationally.
Launching an office in China is only the latest announcement from Nuvei as it continues to demonstrate its commitment to supporting businesses with accelerating their growth through payments in APAC.

Ecommerce platform Ubuy selects Nuvei to accelerate its international growth

Retrieved on:

Thursday, September 21, 2023

Online, PIX, IDEAL, Cropping system, E-commerce, Nuvei, TSX, Growth, Online shopping, Alipay

Nuvei currently offers its customers access to 634 APMs, all available through a single integration.

Key Points:

Nuvei currently offers its customers access to 634 APMs, all available through a single integration.
Alternative payment methods are increasingly critical to international expansion and accelerating growth for eCommerce businesses.
As an eCommerce business with customers all over the world, Ubuy’s global appeal is underpinned by checkouts tailored to local markets.
We’re proud to support Ubuy as it continues to accelerate its growth.”
This announcement further solidifies Nuvei’s focus and commitment to pursuing growth in the Middle East and Africa region.

Mr. Philip Fayer Acquires Shares of Nuvei Corporation

Retrieved on:

Wednesday, September 20, 2023

Settlement, Equity, Equity Ensemble Awards, Multiple, Hierarchy, Security (finance), Issuer, Nuvei

MONTREAL, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Mr. Philip Fayer, Founder, Chief Executive Officer and Chairman of Nuvei Corporation (“Nuvei” or the “Issuer”), filed today an early warning report with respect to his holdings of subordinate voting shares (the “Subordinate Voting Shares”) of Nuvei, as required by applicable securities laws.

Key Points:

MONTREAL, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Mr. Philip Fayer, Founder, Chief Executive Officer and Chairman of Nuvei Corporation (“Nuvei” or the “Issuer”), filed today an early warning report with respect to his holdings of subordinate voting shares (the “Subordinate Voting Shares”) of Nuvei, as required by applicable securities laws.
Immediately prior to completion of the Settlement, Mr. Fayer held beneficial ownership of, or had control or direction over, directly or indirectly, (i) 27,857,328 multiple voting shares in the capital of the Issuer (the “Multiple Voting Shares”) (representing 36.62% of the issued and outstanding Multiple Voting Shares), (ii) nil Subordinate Voting Shares, (iii) equity awards (collectively, with all related dividend equivalents thereto, the “Equity Awards”), to acquire up to 3,439,259 Subordinate Voting Shares (217,609 of which were or would be vested and exercisable or settled within 60 days) (the “Vested Equity Awards”).
Each Multiple Voting Share represents 10 votes and is convertible into a Subordinate Voting Share on a one-for-one basis at any time in accordance with its terms.
Immediately following completion of the Settlement, 22,151 Subordinate Voting Shares, representing 0.035% of the issued and outstanding Subordinate Voting Shares, were issued to Mr. Fayer, and Mr. Fayer now holds beneficial ownership of, or has control or direction over, directly or indirectly, (i) 27,857,328 Multiple Voting Shares (representing 36.62% of the issued and outstanding Multiple Voting Shares), (ii) 22,151 Subordinate Voting Shares (representing 0.035% of the issued and outstanding Subordinate Voting Shares), (iii) Equity Awards to acquire up to 3,417,108 Subordinate Voting Shares (including 195,458 Vested Equity Awards).

Nuvei launches the new iDeal in the Netherlands

Retrieved on:

Tuesday, September 19, 2023

TSX, IDEAL, E-commerce, Nuvei, Chair, Online shopping

Nuvei already offers direct connectivity to iDEAL, but is now enabling merchants to enhance their eCommerce checkout experience for Dutch consumers through the introduction of the latest upgrade to the iDEAL solution.

Key Points:

Nuvei already offers direct connectivity to iDEAL, but is now enabling merchants to enhance their eCommerce checkout experience for Dutch consumers through the introduction of the latest upgrade to the iDEAL solution.
The collaboration will leverage Nuvei’s agile, full stack payments technology and iDEAL's strong market presence to enable Dutch eCommerce merchants to offer a seamless payment experience to consumers.
iDEAL is the premier online payment method in the Netherlands with 70% market share, making its integration into eCommerce stores essential for Dutch merchants and international brands targeting the Dutch market.
Nuvei's CEO and Chair, Philip Fayer, commented: “iDEAL is already one of the most popular payments methods in the Netherlands, and this upgrade will make it an even attractive proposition for both merchants and consumers.