Nuvei launches Invoice Financing to unlock merchant cash flow [Yahoo! Finance]
Nuvei Corporation (NVEI)
Company Research
Source: Yahoo! Finance
MONTREAL April 11, 2024 /CNW/ -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces the launch of its new Invoice Financing services that have been integrated into several leading enterprise resource planning (ERP) platforms, including Sage and Acumatica. This new service enables merchants to access Nuvei's Invoice Financing solutions directly within their ERP systems to optimize cash flow and unlock working capital more efficiently. Nuvei's flagship Accounts Receivable Automation suite is built with the intent of helping customers manage and improve DSO (Days Sales Outstanding). The launch of Invoice Financing represents an off-balance sheet extension of this solution, providing new and existing customers with a high degree of certainty to same day or next day cash. Invoice Financing has emerged as a crucial tool for businesses to scale as they seek innovative solutions to manage their finances effectively during a period of high interest
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NVEI
Sec Filings
- 4/29/24 - Form 6-K
- 4/24/24 - Form 6-K
- 4/24/24 - Form 6-K
- NVEI's page on the SEC website