The Canadian fintech firm targets e-commerce businesses in the APAC region.
Nuvei currently offers cross-border payment services to some of the companies in China.
The Canadian fintech giant Nuvei Corporation has opened a
new office in China, strengthening its commitment to expanding its presence in
the Asian-Pacific (APAC) region. This expansion aligns with Nuvei's vision to
empower e-commerce businesses with global reach and local market expertise.
Nuvei's CEO, Philip Fayer, said: "We are thrilled to
add an office in China to our global footprint as we continue to build our
services in APAC. E-commerce businesses rely on payments partners with global
reach as well as local market expertise when they scale internationally. Our
increased presence will enable businesses in APAC to enter new markets as we
build on our existing regional expertise."
Nuvei Eyes Global Expansion
Nuvei has partnered with several Chinese businesses planning to expand globally. Some of them, such as Geekbuying, Vakatrip, and Cupshe, are
currently using its cross-border payment services.
Establishing a new operational hub in China is one of
Nuvei's recent initiatives, demonstrating its commitment to supporting
businesses in accelerating their growth through payments within the APAC
region. In 2022, the company announced its expansion in the region after obtaining local licenses in Singapore and Hong Kong. Besides that, it secured a
local license in Australia.
Moreover, Nuvei recently entered into a strategic
partnership with Mastercard, bringing the convenience of instant payouts to
bank cards for businesses, including trading platforms. Initially available to
Nuvei customers in Singapore, this service will soon expand to Australia and
Hong Kong, the company said.
Expansion through Strategic Partnerships
According to Fayer: "Trading platforms rely on fast,
secure deposits and payouts to optimize user experience. Partnering with
Mastercard Send enables us to offer our partners another trusted, instant
payout method that will win new traders and generate revenue growth."
Nuvei, listed on Nasdaq and on the Toronto Stock Exchange as NVEI, anticipates that
the surge in online trading activity will propel the adoption of its services. Recently, the firm cited a report by Fortune Business
Insights, which predicts explosive growth in the global online trading platform
market, expected to soar from USD $9.94 billion in 2023 to USD $15
billion by 2030.
In January, Nuvei announced its acquisition of the Atlanta-based integrated payment service provider Paya in a deal valued at approximately USD $1.3 billion. This strategic move solidified Nuvei's commitment to expanding
its payment infrastructure.
The Canadian fintech giant Nuvei Corporation has opened a
new office in China, strengthening its commitment to expanding its presence in
the Asian-Pacific (APAC) region. This expansion aligns with Nuvei's vision to
empower e-commerce businesses with global reach and local market expertise.
Nuvei's CEO, Philip Fayer, said: "We are thrilled to
add an office in China to our global footprint as we continue to build our
services in APAC. E-commerce businesses rely on payments partners with global
reach as well as local market expertise when they scale internationally. Our
increased presence will enable businesses in APAC to enter new markets as we
build on our existing regional expertise."
Nuvei Eyes Global Expansion
Nuvei has partnered with several Chinese businesses planning to expand globally. Some of them, such as Geekbuying, Vakatrip, and Cupshe, are
currently using its cross-border payment services.
Establishing a new operational hub in China is one of
Nuvei's recent initiatives, demonstrating its commitment to supporting
businesses in accelerating their growth through payments within the APAC
region. In 2022, the company announced its expansion in the region after obtaining local licenses in Singapore and Hong Kong. Besides that, it secured a
local license in Australia.
Moreover, Nuvei recently entered into a strategic
partnership with Mastercard, bringing the convenience of instant payouts to
bank cards for businesses, including trading platforms. Initially available to
Nuvei customers in Singapore, this service will soon expand to Australia and
Hong Kong, the company said.
Expansion through Strategic Partnerships
According to Fayer: "Trading platforms rely on fast,
secure deposits and payouts to optimize user experience. Partnering with
Mastercard Send enables us to offer our partners another trusted, instant
payout method that will win new traders and generate revenue growth."
Nuvei, listed on Nasdaq and on the Toronto Stock Exchange as NVEI, anticipates that
the surge in online trading activity will propel the adoption of its services. Recently, the firm cited a report by Fortune Business
Insights, which predicts explosive growth in the global online trading platform
market, expected to soar from USD $9.94 billion in 2023 to USD $15
billion by 2030.
In January, Nuvei announced its acquisition of the Atlanta-based integrated payment service provider Paya in a deal valued at approximately USD $1.3 billion. This strategic move solidified Nuvei's commitment to expanding
its payment infrastructure.
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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π Subscribe to our YouTube channel for more!π
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage.
π Subscribe to our YouTube channel for more!π
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa