Nuvei acquires Mazooma, expanding portfolio of alternative payment methods

Nuvei acquires Mazooma, expanding portfolio of alternative payment methods
Share this article


MONTREAL – Nuvei Corporation (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today reported the completion of the previously announced acquisition of Mazooma Technical Services Inc.

The acquisition enhances and expands Nuvei’s portfolio of North American payment options with instant bank-to-bank payments for pay-ins and payouts and real-time payments for accelerated withdrawals, allowing customers to receive payouts immediately into their bank accounts 24/7/365.

While originally developed for the U.S. online gaming and sports betting market, Nuvei will offer this increasingly accepted and popular payment method to its merchants across all verticals.

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Asia Pacific, and Latin America. It provides a suite of payment solutions designed to support the entire lifecycle of a transaction across mobile or in-app, online, unattended, and in-store channels while providing what they believe is a superior payments experience. The company sells and distributes its solutions through direct sales, independent sales organizations, value-added resellers, and online marketplaces. Nuvei Corporation was founded in 2003 and is based in Montreal, Canada.


We seek Safe Harbor.

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.