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IndustryUpdate

Nuvei acquires SafeCharge follows Boost's April 2019 closing of its Series B funding
led by Mosaik Partners and North Atlantic Capital.
Payment technology firm Nuvei completed its acquisi-
tion of SafeCharge International Group Ltd. for $889 PayIt hires Alexandru Otrezov
million. The acquisition creates a leading, global pay-
ment solutions provider with significant scale that is Digital government and payment platform PayIt select-
able to service clients of any size across the world, Nuvei ed Alexandru Otrezov to be the company's chief mar-
stated. The strategic acquisition is aimed at accelerat- keting officer. Otrezov, who has a proven track record
ing the growth of the combined organization, further within the disruptive marketing space, will lead PayIt's
strengthens Nuvei's payment technology and creates a marketing organization with the aim of accelerating the
truly global presence, the company added. Montreal, company's brand and growth efforts. Most recently, he
Quebec, will become the worldwide headquarters for served as head of search and experimentation at Uber,
the combined organization. where he led teams responsible for growth across all
Uber brands.
APPOINTMENTS Daniel Peak joins CaseWare RCM Advisory Board

Boost expands leadership teams CaseWare RCM, a provider of financial crime detection
and prevention solutions and a division of CaseWare
Boost Payment Solutions, which specializes in com- International Inc., appointed Daniel Peak to its Advisory
mercial card optimization, made seven strategic hires Board. CaseWare stated that Peak has acted as an advisor
to fill key roles in its executive leadership and business and operating officer for many companies and gathered
development teams. Joining Boost are Lou Longhi, chief expertise in risk intelligence, online risk, cybercrime
revenue officer; Tamar Amoyal, senior vice president as well as compliance with the Foreign Account Tax
marketing; Marco Castro, senior vice president business Compliance Act and the Common Reporting Standard
development LAC; Alejandro Macias, vice president for international tax reporting and information exchange
LAC; and Daniel Artin, special projects coordinator. This targeting tax evasion.