Nuvei has been making headlines for its partnerships, large enterprise commercial wins and high-profile investors—among them renowned actor Ryan Reynolds.
The fintech accelerates the business of clients around the world through a modular and scalable technology that allows companies to accept next-gen payments, among other banking, risk, and fraud management services.
The Canadian firm disclosed this month a double-pronged approach to sustain growth.
First, the company announced a strategic partnership with Sylogist, a global software provider for non-profit and government organizations. Concurrently, the firm welcomed industry veteran Laura Miller to fill the newly formed role of Chief Revenue Officer and Global Head of eCommerce.
The strategic collaboration with Sylogist will provide streamlined payment solutions across the Sylogist platform. This move is designed to reduce payment complexity and enhance customer experiences, while stimulating growth for both parties. The launch of SylogistPay, a cross-platform payment solution, exemplifies this synergy.
“We pride ourselves on providing our customers with best-in-class services for their sector through our platform, including payments,” stated Rusty Butler, VP of Development at Sylogist.
According to Butler, Sylogist “previously worked with various payments providers resulting in a complex and costly environment, so we were aware that we needed to upgrade and simplify our offering.”
A 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,” he said.
“By leveraging our technology and expertise, we’re confident that this partnership will deliver outstanding value for years to come,” stated Nuvei CEO Philip Fayer.
On the executive front, the appointment of Laura Miller marks an essential addition to Nuvei’s leadership team. Miller brings 25 years of expertise in strategic planning, sales leadership, and business development within the payments industry. Prior to joining Nuvei, she held roles at JPMorgan Merchant Services and American Express.
Miller’s role at Nuvei will focus on amplifying the company’s global commercial strategy across growth target verticals and heading its e-commerce commercial organization across multiple continents.
Nuvei is at “such an important moment,” according to Miller.
“The company is establishing great momentum with many of the world’s most significant e-commerce businesses, and I am eager to support accelerating its growth further,” she stated. “Nuvei is uniquely positioned to enable global businesses to scale internationally while optimizing their payments in regional markets, so I am looking forward to leveraging my experience working with many leading enterprise businesses as we go on this journey.”
These strategic moves come in the wake of Nuvei’s recent acquisition of US rival Paya.
With services in 200 markets and more than 600 alternative payment methods, Nuvei—which trades publicly as NVEI—remains dedicated to connecting businesses to their customers.