KoreConX selects Nuvei as its main funds companion

Canadian fintech firm Nuvei Company (TSX:NVEI) declares as we speak that it has been chosen by KoreConX, an infrastructure expertise platform, as its main funds companion.

By means of its world partnership with Nuvei, personal companies primarily based within the U.S. which are linked to the KoreConX infrastructure platform can settle for SEC-compliant investments from as little as $50 through card funds and account-to-account transactions. Nuvei’s worldwide attain connects these companies to potential retail buyers wherever these buyers are situated.

Along with buyers and companies, the KoreConX expertise infrastructure connects broker-dealers, FINRA registered funding platforms, Marketplaces ATS and auxiliary funding providers to the personal funding sector. KoreConX’s partnership with Nuvei permits all events within the ecosystem, together with companies and buyers, to work together on a contemporary scalable funds expertise infrastructure that’s absolutely able to streamlining compliant investor transactions.

KoreConX CEO and Co-Founder Oscar A. Jofre commented:

“KoreConX is democratizing funding in personal corporations, enabling people to take a position alongside establishments safely, securely, and compliantly for the primary time. In 2012 this wasn’t attainable in any respect; as we speak the market cap for this trade is billions of {dollars} and nonetheless quickly accelerating. However belief is all the things, and KoreConX is main the best way in providing a mechanism for investing that’s compliant with SEC rules.”

Nuvei Chair and CEO Philip Fayer added:

“We’re excited to companion with KoreConX because it reshapes the investing panorama for personal companies. Facilitating SEC-compliant investments for entrepreneurs and personal companies is a game-changer for democratizing investing.”