Nuvei Expands Board of Directors with Appointments of Maren Lau and Tim Dent

MONTREAL, Aug. 05, 2022 (World NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), declared now it has appointed two new independent directors, technologies veterans Maren Lau, Regional Vice President, Latin America at Meta Platforms, Inc. and Tim Dent, former Chief Fiscal and Main Compliance Officer of DraftKings Inc. Today’s appointments broaden Nuvei’s Board to eight customers and delivers the Board nearer to attaining its gender diversity concentrate on of 30% woman illustration by the finish of 2023.

Maren Lau is Regional Vice President at Meta for Latin The united states, supporting makes leverage the firm’s platforms to generate prolonged-term business enterprise benefits in the region, and to put together for the metaverse, the future evolution of social connection. She also prospects the regional teams to progress Meta’s mission — supplying people the electric power to develop communities and carry the environment closer together — with beneficial economic and social effects in the location. Prior to this, Maren was a founding associate and CMO at digital marketing corporation IMS, where by she created a regional organization scaling profits and marketing procedures for foremost world wide technology companies throughout Latin The us.

Tim Dent is a previous govt with more than 20 yrs of on the internet gaming encounter. Previously he was the Main Monetary and Chief Compliance Officer at DraftKings, joining the company at a very early phase and building those features throughout its immediate development. Even though at DraftKings, Mr. Dent also designed and oversaw the legal and legislative affairs departments, hazard management and payments features. Prior to signing up for DraftKings, Mr. Dent held several government management roles at Everest Gaming, a when main on the internet European poker and on line casino operator. In the course of his tenure at Everest, he led many initiatives in all of stages of the company’s lifecycle from startup, to quick revenue growth and market enlargement, and its changeover from an unregulated to controlled working ecosystem.

“Both Maren and Tim are tested leaders who convey comprehensive information and encounter that is effective to our company and hugely suitable to our escalating market verticals and geographies,” explained Nuvei’s Chair and CEO Philip Fayer. “They are superb additions to our Board and we seem ahead to doing the job with and understanding from them.”

About Nuvei   
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is tomorrow’s payment platform. Created to speed up customers’ business enterprise, Nuvei’s modular, flexible and scalable technology makes it possible for major providers to acknowledge future-gen payments, supply all payout possibilities and advantage from card issuing, banking, threat and fraud management solutions. Connecting corporations to their clients in extra than 200 marketplaces, with community attaining in 45+ markets, 150 currencies and much more than 550 alternate payment methods, together with cryptocurrencies, Nuvei delivers the know-how and insights for prospects and associates to succeed locally and globally with just one integration.

For additional info, visit www.nuvei.com