Payments and IGaming Industry Veteran Neil Erlick Joins Nuvei as Chief Corporate Development Officer
December 17 2020 - 8:00AM
Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and
NVEI.U), the global payment technology partner of thriving brands,
today announced the addition of Neil Erlick to the executive
leadership team. Erlick will serve as Chief Corporate Development
Officer, where he will focus on strategic business development in
key industry verticals, corporate partnerships, as well as
enhancing the Company’s overall growth in the rapidly growing U.S.
regulated gaming market. He will be joining Nuvei on January 5,
2021 and will report to Philip Fayer, Nuvei’s Chairman and CEO.
Erlick spent nearly two decades in senior leadership roles at
Paysafe Group, most recently having served as Executive Vice
President of Business Development. Supporting global gaming
operators, he helped grow the company from a start-up to a
multibillion-dollar enterprise. He has facilitated partnerships
with professional sports teams and leagues, as well as brokered
transformational deals in high growth digital verticals.
Having worked closely with the card brands and payment
stakeholders, Erlick has helped collaborate, educate and pioneer
industry awareness to the rapidly growing opportunity in U.S.
sports betting, following the Supreme Court ruling over two years
ago to end the federal ban. In 2015, Erlick was elected to the
Board of Directors of the Fantasy Sports Trade Association (FSTA)
and was named in Global Gaming Business Magazine’s 2017 class of 40
Under 40.
“I’m thrilled to welcome Neil to Nuvei. As a passionate and
talented digital payments industry executive, he brings a
tremendous level of depth and knowledge in numerous verticals
including iGaming, regulated gambling and sports betting,” said
Fayer. “With over 20 years of experience serving complex markets,
we believe that Neil’s expertise will provide incredible value as
we continue to strengthen our leadership team.”
“Nuvei has done an exceptional job in developing an end-to-end
global platform that solves many payment challenges faced by
digital businesses,” said Erlick. “I’m excited to be joining the
Nuvei team to drive its expanding number of strategic corporate
initiatives and leverage its full-stack innovative platform to
further support the company’s long-term growth plans.”
About NuveiWe are Nuvei, the payment technology
partner of thriving brands. We provide the intelligence and
technology businesses need to succeed locally and globally, through
one integration – propelling them further, faster. Uniting payment
technology and consulting, we help businesses remove payment
barriers, optimize operating costs and increase acceptance rates.
Our proprietary platform offers direct connections to all major
payment card schemes worldwide, supports 450 local and alternative
payment and nearly 150 currencies. Our purpose is to make our world
a local marketplace. For more information, visit www.nuvei.com.
Forward-Looking InformationThis press release
contains “forward-looking information” within the meaning of
applicable securities laws, including statements regarding Nuvei’s
hire of Neil Erlick as Chief Corporate Development Officer.
Forward-looking information involves known and unknown risks and
uncertainties, many of which are beyond the Company’s control, that
could cause actual results to differ materially from those that are
disclosed in or implied by such forward-looking information. These
risks and uncertainties include but are not limited to those
described under “Risk Factors” in Nuvei’s supplemented prep
prospectus dated September 16, 2020. Forward-looking
information is based on management’s beliefs and assumptions and on
information currently available to management. Although the
forward-looking information contained in this press release is
based upon what management believes are reasonable assumptions, you
are cautioned against placing undue reliance on this information
since actual results may vary from the forward-looking information.
Unless otherwise noted or the context otherwise indicates, the
forward-looking information contained in this press release is
provided as of the date of this press release, and the Company does
not undertake to update or amend such forward-looking information
whether as a result of new information, future events or otherwise,
except as may be required by applicable law.
Contact:Investor
RelationsNuveiIR@icrinc.com
Public RelationsNuvei-PR@icrinc.com
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