MONTREAL and IRVINE, CA, July 7, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Payments Platform of Tomorrow and GAN Limited (NASDAQ: GAN ) (the “Company” or “GAN”) today announce that it has entered into a strategic partnership that will provide gambling operators with access to Nuvei’s full line of payment solutions through an integration with GAN’s software-as-a-service gaming platform technology.
The partnership began after the Ontario regulated gaming market launched earlier this year and is now expanding to support operators in the US and Canada. Nuvei technology is seamlessly integrated into GAN software and this partnership allows players to make instant deposits and request instant withdrawals using the industry’s leading cashier technology. This includes multiple regional and alternative payment methods in addition to cards, such as Interac and digital wallets.
Don Ryan, President of Enterprise Solutions for GAN, commented on the announcement: “We are excited to partner with Nuvei to bring such an exciting solution to the North American gaming industry. GAN and Nuvei have a strong reputation for providing the best solutions for operators. This strategic partnership takes our combined proposition to the next level.”
Philip Fayer, CEO and Chairman of Nuvei, added: “Providing a fully customizable payment platform for game operators, including local acquiring solutions and a full suite of payment methods through a single integration, is at the heart of our vision for the future of payments in both gaming and broader verticals.
“The opportunity to partner with GAN to bring this vision to North American operators is a major step forward for an industry poised for further significant growth in the coming years. GAN is known throughout the gaming world for its industry-leading software, which is why we believe this is such an exciting partnership.”
The announcement is the latest from Nuvei as it continues to cement its position as the payment technology partner of choice for gaming, fantasy sports and sports betting in regulated markets around the world.
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the payment platform of tomorrow. Nuvei’s modular, flexible and scalable technology is designed to accelerate customers’ business and enable leading companies to accept next-gen payments, offer all payout options and take advantage of card issuance, banking, risk and fraud management services. Nuvei connects businesses with their customers in more than 200 markets, with local sourcing in more than 45 markets, 150 currencies and more than 550 alternative payment methods, including cryptocurrencies, providing the technology and insights for customers and partners to succeed locally and globally with one integration .
For more information, visit www.nuvei.com
GAN is a leading business-to-business provider of Internet gaming software-as-a-service solutions primarily for the US land-based casino industry. Coolbet, a division of GAN, is a market-leading operator of proprietary online sports betting technology with market leadership positions in select European and Latin American markets. GAN has developed its own proprietary Internet gaming software system, GameSTACK™, which it licenses to land-based casino operators as a turnkey technology solution for regulated real money Internet gaming, including Internet gaming, Internet sports gaming and virtual simulated gaming. Additional information about GAN can be found online at www.GAN.com.
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