Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces that it has been selected by Curve, the fast-growing financial super app that consolidates your cards into one smart card, to provide card acquiring and alternative payment methods (APMs) for consumer transfer of funds to and from their Curve digital wallet.
Nuvei’s agile, customizable, full stack payments technology enables the fintech app and card issuer to accept VISA and Mastercard transactions. 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.
Curve also benefits from Nuvei’s customizable, real-time reporting tools, which enables the company to monitor all transactions through a single, comprehensive analytics portal. This capability is of particularly high relevance to the financial services industry, in order to route payments traffic effectively and optimize payments flow.
Curve’s Founder & CEO, Shachar Bialick, commented on the announcement: “Our goal at Curve is to be the most customer-centric app, simplifying the way they spend, so industry-leading customer experience is critical to Curve’s service. Consumers simply will not tolerate delays or the inability to transfer funds, so we are proud to partner with Nuvei. Their proven optimized card acceptance rates, platform stability and low latency guarantees that we’re offering the peak payments service to our customers.”
In addition to providing payments services in Curve’s established markets in Europe, Curve is leveraging Nuvei’s global acquiring reach to accelerate its international growth plans.
Bialick continued: “Nuvei enables us to accelerate our growth and scale at pace without compromising the optimization of our payments function. Partnering with a global payments provider fast-tracks our growth plans. Nuvei’s agile technology and single integration access to all the global APMs we need to localize payments anywhere in the world enables us to adapt quickly to changing conditions in the payments landscape in every market we currently operate or plan to operate in the future.”
Philip Fayer, Nuvei Chair and CEO, added: “Payments play a critical role in the user experience for financial services providers, and the market is becoming increasingly competitive. We are proud to partner with Curve to enhance the product it is offering to its customers, and to enable to Curve to reach its customers, wherever they are and however they want to pay.”
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