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January 5, 2022
On the wires
Nuvei Enables International Ecommerce Merchants to Accept Local Payment Methods in Latin America
“Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI) the global payment technology partner of thriving brands, has announced today its capability enhancement which enables international merchants to accept local payment methods in 10 Latin American countries in addition to international card schemes and alternative payment methods (APMs). The Company’s newly introduced solution will support local card schemes and alternative payment options, streamlining the setup needed to support local payment methods, while boosting acceptance rates. This includes settlement in local currency, settlement in non-Latin American currencies, regional settlement, or a combination of all three.”
June 10, 2021
On the web
HPE Collects €160 Million to Support Portfolio Company PPRO
Wall Street Journal
“European growth investor HPE Growth has collected €160 million (roughly $194.8 million) to support an increasingly popular deal structure that gives the firm more time to support PPRO Financial Ltd., a cross-border payments infrastructure technology company the firm initially backed in 2014. HPE Growth, which invests in small and medium-size technology companies across Western Europe, is recapitalizing London-based PPRO, pronounced as “P-pro.”…PPRO helps consumers pay for online transactions using local payment methods they are familiar with and serves companies such as Citibank Inc., PayPal Holdings Inc. , Mollie BV and Mastercard Payment Gateway Services. HPE Growth first backed the company out of its debut growth-equity fund, which closed in 2011.”
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