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Nuvei Announces Partnership with FTX to Provide Instant Payment Solutions

Uniting payment technology and consulting, Nuvei helps businesses remove payment barriers, optimize operating costs and increase acceptance rates.

Nuvei Announces Partnership with FTX to Provide Instant Payment Solutions

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Nuvei Corporation, the global payment technology partner of thriving brands, announced today it has entered into a partnership with FTX Trading LTD (“FTX”), owner and operator of FTX.COM, a leading global cryptocurrency exchange.

This Partnership with Nuvei will Enable FTX to Provide its Users Instant Payment Solutions for an Enhanced Customer Journey and Experience.

Through this collaboration, FTX can now offer users access to Nuvei’s innovative payment solutions that significantly improves the user journey, enabling instant deposits that support high value transactions. This in return will help FTX’s users to buy cryptocurrencies faster and in a more secured way.

Philip Fayer, Nuvei’s Chair and CEO, said:

“Our partnership with FTX demonstrates Nuvei’s leadership in the growing cryptocurrency vertical and shows our ability to provide innovative solutions for customers of all types around the world. FTX is one of the world’s largest digital currency exchanges, and we are thrilled to partner with them to help simplify the transaction experience for their customers and speed processing times. Together, we will provide instant payment deposits, supporting the higher value transactions that are often required in cryptocurrency trading. We look forward to continuing our collaboration with FTX and to expand the partnership to provide more APMs and enable payouts, bringing the latest innovations to their payment capabilities.”

Sam Bankman-Fried, founder and CEO of FTX, commented:

“We want our users to have a frictionless experience and be able to convert from fiat to crypto and back seamlessly. We are thrilled to partner with an innovative company like Nuvei to provide a reliable payment on and off-ramp for our users.”

We are Nuvei (Nasdaq: NVEI) (TSX: NVEI) the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide, with local acquiring in 45 markets. With support for over 500 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.

FTX is a cryptocurrency exchange built by traders, for traders. It offers innovative products, including industry-leading derivatives, options and volatility products, tokenized stocks, prediction markets, leveraged tokens and an OTC desk. FTX strives to be an intuitive yet powerful platform for all kinds of users, and to be the most innovative exchange in the industry.

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