SEATTLE, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Nuvei Corporation ("Nuvei" or the "Company") (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announces today a partnership with Unikrn, the world’s leading esports betting operator. By supporting card acquiring and over 450 alternative payment methods (APMs) and 150 currencies worldwide, Nuvei will enable Unikrn to continue platform expansion as the popularity of esports and online casino gaming grows worldwide.

Unikrn will be using Cashier, Nuvei’s innovative hosted payment page, to process customer transactions worldwide within a single interface — simplifying the customer journey to deposit and redeem funds.

Esports has grown from a niche market segment to one that now attracts an audience of approximately 495 million people worldwide due to monumental growth over the last decade and an additional surge of interest during the global COVID-19 pandemic.

Unikrn, the two-time winner of EGR’s Esports Operator of the Year, is a global gaming operator uniquely positioned to take advantage of this explosive growth. Founded in 2014 by the former CEO of Microsoft Ventures, the company is currently active in 24 countries, including 41 states in the U.S. Unikrn offers a wide range of online gaming options on one platform, from its award-winning innovations in 24/7 virtual esports and skill-betting on popular online games, to sports betting and even a suite of traditional casino games.

Nuvei’s Cashier is designed to handle high volumes of international payments reliably and securely, while maintaining regulatory compliance. It provides a localized interface and is integrated with nearly 150 global currencies and hundreds of local payment methods, ensuring a seamless payment experience for users in over 200 global markets. It also comes embedded with tools proven to minimize abandonment and offers industry-leading payouts.

Unikrn's customer base continues to grow in both size and diversity. This has brought the new challenge of catering to customers with different preferences as to payment method, currency and language, while maintaining a seamless and enjoyable user experience. With its steadily expanding global footprint and supporting the industry’s most extensive list of APMs and currencies, Nuvei was the evident choice to solve this problem.

"Unikrn offers our global customer base access to an unrivaled spectrum of gaming experiences without interruption," said Rahul Sood, co-founder of Unikrn. "Nuvei was the best option for us to ensure we meet these expectations and offer a platform that will scale with our rapid growth. Cashier makes our customers' payment journey safe and seamless. We look forward to working with Nuvei for many years to come."

"Nuvei's payment platform offers a complete toolkit for gaming operators looking to diversify and scale their offerings domestically and internationally, along with the global growth of their industry," said Yuval Ziv, managing director of digital payments at Nuvei. "This new partnership with Unikrn is in line with our vision of an expanding ecosystem of partners that benefits operators and customers alike."

About Nuvei

We are Nuvei, the payment technology partner of thriving brands. 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 offers direct connections to all major payment card schemes worldwide, supports over 450 local and alternative payment methods and 150 currencies. Our purpose is to make our world a local marketplace. Learn more at www.nuvei.com.

About Unikrn

Established in 2014, Unikrn is one of the world’s leading esports companies, building extensive crossroads through betting, gaming and esports. Funded with investments from Mark Cuban, Ashton Kutcher, Elisabeth Murdoch, Sheri Redstone and others in 2015, Unikrn has been recognized for Esportsbook of the Year and Wagering Innovation of the Year by EGR’s 2019 & 2020 awards. As the leading endemic bookmaker in esports and video games, Unikrn has patent-pending technologies and unique award-winning gaming experiences alongside best-in-class traditional betting options including an online casino and sports betting. Visit us online at https://unikrn.com/

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable securities laws, including statements regarding its partnership with Unikrn. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to those described under “Risk Factors” in Nuvei’s supplemented prep prospectus dated September 16, 2020. Forward-looking information is based on management’s beliefs and assumptions and on information currently available to management. Although the forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

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