Nuvei eyeing $250M acquisition of crypto startup Simplex

Canadian payments giant Nuvei is reportedly in talks to acquire Simplex, an Israeli cryptocurrency startup, for up to $250 million – sending a strong signal that the electronic payments processing industry was pivoting towards digital currencies.  The deal between Nuvei and Simplex is expected to be finalized “in the next few days,” according to BlockBeats, […]

Polkadot becomes latest to use Simplex's fiat onramp

Fiat-to-crypto onramp provider Simplex will now support Polkadot in its network of crypto exchanges, wallets, and brokers. In an announcement today, Simplex said its integration of Polkadot (DOT) would allow crypto users to purchase the token with a credit or debit card, Apple Pay, or bank transfer. The financial institution is aiming for “mass cryptocurrency […]

Crypto on-ramp hits Opera browser following Simplex integration

Users of the Opera browser will now be able to purchase cryptocurrencies from directly within the web application following a partnership with Simplex. Founded in 2014, Simplex is an European Union-licensed fintech company that provides access to over 50 cryptocurrencies, and a principal member of the Visa network. The Opera browser was one of the […]

Simplex partners with Visa to issue crypto debit cards

Over 200 Simplex partner companies can now offer crypto debit cards to their customers, potentially enabling greater adoption of cryptocurrencies for retail transactions. The development is the result of a recent partnership between Simplex and Visa announced Monday. Simplex, a fiat-to-crypto on-ramp service is now a principal member of Visa in Europe. A Simplex spokesperson […]