Nuvei agrees $250m deal to buy crypto firm Simplex
By Ulises in Business
Updated 3 years ago
Canadian payments firm Nuvei has agreed a $250 million cash deal to acquire Simplex, a fintech startup providing fiat infrastructure to the cryptocurrency industry. Founded in 2014, Simplex provides a fiat-cryptocurrency gateway connecting market participants including exchanges, brokers, wallet and liquidity providers. The firm's infrastructure enables users to buy and...