Nuvei to acquire Simplex for c.$250m.

Nuvei, the global payment technology partner, agreed to acquire Simplex), a fintech startup providing the fiat infrastructure to the cryptocurrency industry, for c.$250m. “Simplex’s infrastructure is a natural fit for Nuvei’s Native Commerce Platform, further strengthening the capabilities and overall value proposition of our single-integration approach to payments. We are excited to welcome Simplex to the Nuvei team,” Philip Fayer, Nuvei Chair and CEO.