Announced
Synopsis
Nuvei, a payment technology partner of brands, agreed to acquire Paymentez, a payment solution provider. Financial terms are not disclosed. “Paymentez further increases our total addressable market by significantly expanding and strengthening our presence in Latin America, along with enhancing our regional processing capabilities, enabling us to support even more local payment methods. Online commerce in Latin America is growing at an unprecedented rate, representing one of the fastest growing markets in the world," Philip Fayer, Nuvei Chairman and CEO.
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