Nuvei Corporation (“Nuvei” and “the Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced the completion of the previously announced acquisition of SimplexCC Ltd. (“Simplex”). Simplex, through its proprietary fraud and risk management tools which are backed by proven artificial intelligence (AI) technology, is a leading fiat-cryptocurrency gateway connecting market participants, including… Read More
Simplex, the largest fiat infrastructure for digital currencies globally, and Linen, the self-custody crypto wallet, are joining forces to allow the Linen community to instantly acquire Ether, stablecoins, and other crypto assets using cards as a payment method. Simplex is the provider underpinning many fiat onramps on leading exchanges such as Binance, Huobi, and BitPay.… Read More
Global industry leader, Simplex, has partnered with ARCHOS, the pioneer in consumer electronics to further democratize access to crypto for all. Simplex revolutionizes the fiat/crypto space by creating a secure and user-friendly way for its partner network to enable all of their users to seamlessly buy and sell digital assets. Constantly innovating the electronics market,… Read More
For Bitcoin, 2020 was a year unlike any other. Records were broken, investor interest surged, and millions who’d never heard of crypto last year, now have their digital wallets filled with the stuff. The best part is—there’s no end in sight. Bitcoin continues to grow daily, with no peak rearing over the horizon to speak… Read More
There is no question that 2020 has been the year for crypto adoption. Continued economic uncertainty, primarily due to COVID-19, has encouraged a piqued interest in digital currencies across the globe, even in some unexpected regions. Volatile local currencies and economies have provided the drive and opportunity for many in India, Turkey, and Ukraine to… Read More
Israel-based payments processor Simplex said Tuesday it has become a principal member of the Visa network. Through the membership, Simplex now has permission to issue Visa cards, giving its consumers access to digital currencies daily. “We’re excited to work with leading fintechs like Simplex [that] are helping to enable simple, secure and compliant conversions between… Read More
Simplex, an Israel-based company that provides fiat onramp services to crypto firms, has become a principal member of Visa in Europe. The membership allows Simplex to issue Visa debit cards to its customers that include popular crypto exchanges and wallets. Simplex is a business-to-business (B2B) firm, meaning it caters to other companies. Simplex CEO Nimrod Lehavi told… Read More
Fiat-to-crypto on-ramp service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards. Over 200 Simplex partner companies can now offer crypto debit cards to their customers, potentially enabling greater adoption of cryptocurrencies for retail transactions. The development is the result of a recent partnership between Simplex and Visa… Read More
Follow Simplex CEO, @nimrodlehavi and the official Simplex handle, @SimplexCC for industry insights