Canadian fintech firm Nuvei Company (TSX:NVEI) introduced in the present day it has opened its newest operational hub in China because it continues to broaden its presence within the Asia-Pacific (APAC) area.
Philip Fayer, Nuvei Chair and CEO, commented on the announcement:
“We’re thrilled so as to add an workplace in China to our world footprint as we proceed to construct our providers in APAC. Ecommerce companies depend on funds companions with world attain in addition to native market experience once they scale internationally. Our elevated presence will allow companies in APAC to enter new markets as we construct on our current regional experience.”
Nuvei is already offering cross-border cost providers to many Chinese language companies as they scale internationally, together with Geekbuying, Vakatrip, and Cupshe. With its new elevated footprint within the area, Nuvei is extending its world attain, in addition to servicing present and future shoppers with an enhanced native experience and customer support.
Launching an workplace in China is barely the newest announcement from Nuvei because it continues to show its dedication to supporting companies with accelerating their development via funds in APAC.
Lately, Nuvei introduced that it had prolonged its world attain within the area by acquiring its native buying license in Australia, following the announcement that it had obtained native buying licenses in Singapore and Hong Kong in 2022. Nuvei additionally allows companies in APAC to attach with prospects throughout the area by providing all of the related various cost strategies (APMs) to each buyer from its suite of 634 APMs.
Final month Nuvei additionally introduced that it had partnered with Mastercard to allow companies, together with buying and selling platforms, to supply prospects prompt payouts to financial institution playing cards. Already out there to Nuvei prospects in Singapore, the Mastercard Ship™ service – which powers fast funds for retailers, acquirers, governments, shoppers and extra, wherever they work together worldwide – will even be out there in Australia and Hong Kong SAR, beginning later this 12 months.