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IndustryUpdate

ing that its recent innovations, including fintech tools to offer seamless, compliant one-click crypto-to-fiat and
like Payment on Sell-Through and expanded analytics, fiat-to-crypto payment solutions for businesses globally,
complement its suite of marketplace, logistics and bank- including multi-payee transactions, the company stated.
ing solutions. Backed by a $125 million Series D funding The platform supports a wide range of currencies, ensur-
round, LeafLink aims to streamline operations and drive ing smooth operations across borders while maintaining
growth across the regulated cannabis industry. compliance with top regulatory standards, the company
noted, adding that this move strengthens its position as
Nuvei acquired by Neon Maple Purchaser a one-stop finance platform, empowering businesses to
streamline payments, accounting and compliance while
Nuvei Corp. was acquired by Neon Maple Purchaser driving digital currency adoption in a secure and trans-
Inc., led by Advent International, making Nuvei a whol- parent manner.
ly owned subsidiary. Nuvei founder and CEO Philip
Fayer, who rolled 95 percent of his shares, remains a
significant shareholder and will continue to lead as APPOINTMENTS
chair and CEO. The acquisition, supported by Novacap
and CDPQ, aims to drive Nuvei’s global expansion PayNation hires Erik Avner
and operational optimization under its Value Creation
Plan. Fayer highlighted the company’s ongoing commit- PayNation appointed Erik Avner as its vice president
ment to providing flexible, modern payment solutions. of national sales, bringing his 16 years of expertise in
Nuvei’s shares will be de-listed, marking a new chapter payment solutions and team leadership to the com-
focused on accelerated growth and innovation. pany. Avner has a proven history of helping companies
expand payment capabilities; enhance cash flow; and
Request Finance acquires Pay.so Lithuania improve transaction speed, security, and reliability,
PayNation stated, adding that he has led teams of up to
Request Finance, a crypto and fiat financial operations 150 employees, driving SaaS sales, compensation strat-
platform, acquired Pay.so Lithuania, a regulated Virtual egy and scaling initiatives.
Asset Service Provider. This acquisition enables Request

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