is nuvei a buy?
Rappi, a consumer technology company, is one of the region's fastest-growing consumer technology companies, as well as DirecTV, a US provider of direct broadcast satellite services, and General GM, a multinational automobile corporate. Paymentez offers its platform as a service to buyers and banks, such as Redeban and Davivienda, to help them serve customers looking for a platform to process online payments, thereby eliminating complexity and improving their competitiveness.
Paymentez currently has 46 employees and is growing rapidly. Paymentez CEO and Co-Founder Juan F. Franco will join Nuvei as General Manager of Latin America, with responsibility for leading the company's business and operational expansion in the region.
In order to further increase our total market, Paymentez significantly expands and strengthens our presence in Latin America. Philip Fayer, Nuvei President and CEO said that this allows them to offer even more local payment methods.
Latin America is considered to be one of the fastest growing markets in the world due to the growth of online commerce. The acquisition ensures that we are well positioned with the technology and market expertise to serve new customers, as well as expand our capabilities and deepen relationships with our existing global customers."
The next chapter of Paymentez is exciting.
Our presence, experience, connections and knowledge in Latin America, together with Nuvei's technology, creates a leading payments platform in the region. Our clients will have a world-class platform with the best help in the region. Juan F. Franco is the general director of Latin America for Nuvei.
About Nuvei.
Nuvei is a payment technology partner of successful brands.
We give businesses the intelligence and technology they need to succeed locally and globally. We help businesses remove payment barriers and increase acceptance rates by connecting payment technology and relevant advice. Our platform connects merchants with their customers in 204 markets around the world, with local procurement in 45 markets. Merchants can take advantage of any payment opportunity that comes their way with over 480 local and alternative payment methods.
Our goal is to make our world a local market.
You can find more information at www.nuvei.com/es.
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