Stock Groups

Nuvei To Provide Instant Payment Solutions in FTX Partnership -Breaking

by Mike Robinson

[ad_1]


Sam Boughedda

Investing.com — Nuvei Corp, a payment technology company (NASDAQ:), announced that it has partnered with cryptocurrency exchange FTX.

Nuvei announced that the partnership would allow FTX’s users instant payment options and instant deposits, which will support high-value transactions.

Our users should have an easy experience, be able convert between fiat and crypto seamlessly and we want them to feel comfortable. We’re delighted to be partnering with Nuvei in order to offer a safe and reliable way to pay our users,” Sam Bankman Fried, CEO and founder of FTX.

Philip Fayer (Chair and CEO of Nuvei) stated that “our partnership with FTX demonstrates Nuvei’s leader in the growing cryptocurrency sector and our ability to deliver innovative solutions for clients from all walks of the planet.”

Nuvei shares have fallen by more than 7% on Tuesday despite the announcement. This is in addition to their decline of 40% last week, when they lost over 40% after a negative news story. short report from Spruce Point Capital Management.

Today’s Nuvei board issued a response to the report. The statement stated that it was “misleading and false” and did not relate to Nuvei business.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]