Nuvei is in talks to buy Israeli cryptocurrency startup Simplex for between $200 million and $250 million, and the deal is expected to close in the next few days, according to Blockbeats.
Nuvei bought SafeCharge, an Israeli-founded payment technology company, for $889 million two years ago. Simplex provides online payment processing and fraud protection for the cryptocurrency industry. The company now employs more than 100 people, mostly in Israel, and has so far raised $18 million, mostly from local private investors. (CTECH)