Nuvei Shares Gain on Adobe Partnership
January 23 2024 - 3:47PM
Dow Jones News
By Dean Seal
Shares of Nuvei advanced after the company said it is partnering
with Adobe to simplify online payments on the Adobe Commerce
platform.
The stock is up more than 7% at $24.59. Shares are still down 7%
since the start of the new year.
The Canadian fintech company said Tuesday that customers of
Adobe Commerce, Adobe's platform that allows businesses to manage
and scale their commerce offerings, can now access Nuvei's full
suite of payment types, including online, offline, mobile, in-app,
recurring and more.
The partnership will allow business-to-business and
business-to-customer clients on the Adobe Commerce platform to
simplify their payment relationships and expand into new markets,
Nuvei said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 23, 2024 15:32 ET (20:32 GMT)
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