Last year, inDrive was the second most downloaded ride-hailing app worldwide based on Google Play and App Store data.
The California-based mobility and urban services platform has been downloaded over 175 million times, providing an expanding list of urban services, including intercity transportation, freight delivery, task assistance, and courier delivery across four dozen countries.
“InDrive remains steadfast in its commitment to consistently enhance the ridesharing experience, empowering its users with unprecedented freedom of choice,” stated Alexander Akhmataev, Director of Latin America Countries for the company.
The Mountain View firm announced this month that it has selected Canadian financial technology upstart Nuvei Corporation to be its payments provider for driver payouts in Latin America, where urban mobility solutions are popular but businesses face payment challenges such as lower card acceptance rates and an unbanked population that relies on alternative payment methods for financial inclusion.
“Our partnership with Nuvei represents another step forward in advancing the payment landscape in Latin America … by seamlessly and securely enabling our drivers to receive payments through their preferred methods,” Akhmataev said.
Nuvei CEO Phil Fayer agrees, asserting that, “By combining inDrive’s local expertise with Nuvei’s payments technology, we’re bringing inDrive closer to its drivers through payments.”
“We are thrilled to partner with inDrive to elevate the payment experience for rideshare drivers in Latin America,” the chief executive added.
Nuvei has been making headlines for its partnerships, large enterprise commercial wins and high-profile investors over the past year—among them renowned actor Ryan Reynolds. In April, the Vancouver celebrity Ryan Reynolds unveiled an investment in Nuvei.
“We’re a global company but extremely proud of our Canadian roots and values, so to have one of the most internationally recognizable Canadians, as well as an entrepreneur with such renowned business acumen, join our investors is a privilege,” Fayer stated at the time.
“Leveraging our technology and expertise, we’re confident that this partnership will deliver outstanding value for years to come,” Fayer commented.
In addition, the firm welcomed industry veteran Laura Miller to fill the newly formed role of Chief Revenue Officer and Global Head of eCommerce.
Miller brings 25 years of expertise in strategic planning, sales leadership, and business development within the payments industry. Her role at Nuvei focuses on amplifying the company’s global commercial strategy across growth target verticals and heading its e-commerce commercial organization across multiple continents.
“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,” Miller 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.”
And all of 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 since 2020—remains dedicated to connecting businesses to their customers.