TORONTO, August 3rd, 2021 – Nuvei Corporation (“Nuvei”) (TSX: NVEI and NVEI.U), has completed its acquisition of Mazooma Technical Services Inc. (“Mazooma”). Mazooma’s merchants will be able to benefit from expanded payment offerings supplied by the acquisition.
Mazooma will strengthen Nuvei’s portfolio of payment methods, especially with instant bank-to-bank payments for pay-outs. The acquisition will also provide vendor registration, compliance, and operational infrastructure to address merchants’ requirements in any regulated U.S. state.
Read the full press release here.
Mazooma is a payments technology company on a mission to simplify payments. As a leading solution in both sports wagering and iGaming, our patented technology can be found on the cashier of sports wagering and iGaming operators in the U.S. Offering a best-in-class experience, seamless integration, and secure bank connections, Mazooma creates raving fans of both merchants and consumers. Headquartered in Toronto, Canada, the company is trusted by industry-leading brands such as DraftKings, BetMGM, theScore, and PartyPoker. To learn more, visit www.mazooma.com.
We are Nuvei (TSX: NVEI and NVEI.U), 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 204 markets worldwide, with local acquiring in 45 markets. With support for over 480 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. For more information, visit www.nuvei.com.