Nuvei's Asia-Pacific Expansion: Unveils New Office in China

<p>The Canadian fintech giant Nuvei Corporation has opened a
new office in China, strengthening its commitment to expanding its presence in
the Asian-Pacific (APAC) region. This expansion aligns with Nuvei's vision to
empower e-commerce businesses with global reach and local market expertise.</p><p>Nuvei's CEO, Philip Fayer, said: "We are thrilled to
add an office in China to our global footprint as we continue to build our
services in APAC. E-commerce businesses rely on payments partners with global
reach as well as local market expertise when they scale internationally. Our
increased presence will enable businesses in APAC to enter new markets as we
build on our existing regional expertise."</p><p>Nuvei Eyes Global Expansion </p><p>Nuvei has partnered with several Chinese businesses looking
to expand globally. Some of them, such as Geekbuying, Vakatrip, and Cupshe, are
currently using its cross-border payment services. </p><p>Establishing a new operational hub in China is one of
<a href="https://www.financemagnates.com/tag/nuvei-corp/" target="_blank" rel="follow">Nuvei</a>'s recent initiatives, demonstrating its commitment to supporting
businesses in accelerating their growth through <a href="https://www.financemagnates.com/terms/p/payments/">payments</a> within the APAC
region. In 2022, the company announced its expansion in the region after obtaining local
acquiring licenses in Singapore and Hong Kong. Besides that, it secured a
local acquiring license in Australia.</p><blockquote><p lang="en" dir="ltr"><a href="https://twitter.com/Nuvei?ref_src=twsrc%5Etfw">@Nuvei</a> is expanding its presence in the APAC region with a new operational hub in China, enhancing its global reach and enabling businesses to enter new markets with increased local expertise