Nuvei Completes Acquisition of Base Commerce, Expands Product Capabilities and Distribution Network
January 04 2021 - 7:00AM
Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and
NVEI.U), the global payment technology partner of thriving brands,
today announced the completion of the previously announced
acquisition of substantially all of the assets of Base Commerce,
LLC (“Base”), a leading provider of integrated payment solutions.
The acquisition expands Nuvei’s product
capabilities with a proprietary ACH processing platform, further
diversifies its acquiring portfolio, enhances sponsor bank
coverage, and enlarges the Company’s distribution network.
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 methods and nearly 150
currencies. Our purpose is to make our world a local marketplace.
For more information, visit www.nuvei.com.
Contact:
Investor RelationsNuvei-IR@icrinc.com
Public RelationsNuvei-PR@icrinc.com
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