FinTech

Nuvei Unveils New Card Issuing Platform for Expanded Payment Solutions

Published November 30, 2023

MONTREAL -- Nuvei Corporation ("Nuvei"), a leading global payment technology provider based in Montreal, Canada, announced the launch of its comprehensive card issuing solution. The new service is set to empower clients by enabling a multitude of new use cases in the financial technology sector. This move by Nuvei, which is listed on Nasdaq and the Toronto Stock Exchange under the ticker symbol NVEI, aims to leverage the growing demand for versatile payment solutions and facilitate cross-selling opportunities.

Expanding Nuvei's Payment Ecosystem

Nuvei's card issuing solution marks a significant expansion in their suite of financial technology offerings. With this launch, Nuvei further positions itself as a key player in the fintech industry, providing clients with the tools they need to offer end-users a seamless payment experience. The new platform will support businesses in creating custom-branded cards, fostering enhanced engagement across various customer segments.

The Strategic Impact on Nuvei's Growth

The incorporation of card issuing capabilities into its service portfolio underscores Nuvei's commitment to innovation and value creation for its partners and merchants. This strategic development is anticipated to open new revenue streams and solidify Nuvei's presence in the ever-evolving global payments landscape. Such advancements underscore the company's agility in responding to the dynamic needs of the marketplace.

Nuvei, Payment, Technology