Nuvei Corp.
(Source: Nuvei Corp.)
  • Nuvei Corp. (TSX:NVEI) has signed a partnership with Sylogist (TSX:SYZ) to accelerate its growth through payments
  • Sylogist selected Nuvei to power its new cross-platform payment solution, SylogistPay
  • Nuvei has eliminated complexity within Sylogist’s software ecosystem and by consolidating multiple payment providers into a single, committed partner
  • Nuvei Corp. (NVEI) opened trading at C$41.13

Canadian fintech company Nuvei Corp. (TSX:NVEI) has signed a partnership with Sylogist (TSX:SYZ) to accelerate its growth through payments.

Sylogist selected Nuvei to power its new cross-platform payment solution, SylogistPay. Nuvei has eliminated complexity within Sylogist’s software ecosystem and by consolidating multiple payment providers into a single, committed partner, Sylogist can enhance customer experiences while continuing its growth.

Sylogist’s VP of Development, Rusty Butler said his team had previously worked with various payments providers resulting in a complex and costly environment, so it was aware that it needed to upgrade and simplify its offering.

“The lack of modern functionalities, inconsistent brand experiences, and varying customer service levels left us searching for a unified and innovative payment partner to orchestrate a payments program. We’re thrilled to partner with Nuvei as its solution meets all our needs.”

Nuvei’s CEO and Chair, Philip Fayer, added, “By leveraging our technology and expertise, we’re confident that this partnership will deliver outstanding value for years to come.”

Sylogist is a global software company that provides mission-critical software-as-a-service (SaaS) solutions to more than 2,000 public sector nonprofit, education, and other government and non-governmental organizations globally.

Nuvei is a Canadian fintech company whose technology allows companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk, and fraud management services. Nuvei connects businesses to their customers in more than 200 markets, with local acquiring in 45-plus markets, 150 currencies and more than 600 alternative payment methods. The company recently announced it is partnering with Resorts Digital Gaming to enable the iGaming operator to offer Nuvei Instant Bank Transfer to online casino players across all of its brands. Click here to read more.

Nuvei Corp. (NVEI) opened trading at C$41.13.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

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