According to the publicly-listed Canadian company, Nuvei will use this opportunity to enhance their alternative payment method solutions portfolio. Simplex offers fiat-to-crypto on and off-ramp services and could definitely help in this regard.
According to Simplex, they processed “processed approximately $500 million of total volume” last year. This makes them one of the fastest-growing crypto solutions startups.
Philip Fayer, Nuvei’s Chair and CEO shared his remarks.
Source: Cryptocurrency - investing.com