Bitfinex Offers Nuvei’s Crypto On-ramp Service in Bid to Capture Millions of New Users

Montreal, Canada, October 26, 2021: Bitfinex, a state-of-the-art digital token trading platform, has joined forces with Nuvei, via its subsidiary Simplex, a leading fiat-crypto gateway provider, enabling users to deploy its suite of crypto on-ramp services.

Bitfinex customers with an intermediate verification level will obtain access to the new Simplex funding options. Users will be able to purchase a variety of digital tokens using debit and credit cards. Initially, they will be able to purchase bitcoin (BTC), Ethereum (ETH), Tether (USDt) and Tether Gold (XAUt), with further tokens to be added in the coming months. Simplex’s industry-leading anti-fraud systems will underpin all transactions.

Nimrod Lehavi, CEO and co-founder of Simplex, said:

Paolo Ardoino, CTO at Bitfinex, said:

Nuvei is the global payment technology partner of thriving brands.

Bitfinex is a pioneer in the digital token space, having carved out a reputation for delivering a high performance platform that delivers an impeccable trading experience.

We are Nuvei (Nasdaq:NVEI) (TSX: NVEI). We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless pay-in and payout capabilities, connecting merchants with their customers in 204 markets worldwide, with local acquiring in 45 markets. With support for over 500 local and alternative payment methods, nearly 210 currencies and 100 cryptocurrencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.