Nuvei Launches Invoice Financing To Unlock Merchant Cash Flow
Portfolio Pulse from Benzinga Newsdesk
Nuvei Corporation (NASDAQ:NVEI) announced the launch of its Invoice Financing services, integrated into leading ERP platforms like Sage and Acumatica. This service aims to optimize cash flow for merchants by allowing them to access funds from customer invoices within 24 hours. The solution is part of Nuvei's Accounts Receivable Automation suite, designed to improve Days Sales Outstanding (DSO) and provide financial flexibility during periods of high interest rates. Nuvei's Invoice Financing offers instant access to capital, enhanced cash flow management, and seamless integration with existing workflows.
April 11, 2024 | 1:15 pm
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Nuvei launches Invoice Financing services integrated with ERP platforms, enhancing cash flow management for merchants.
The launch of Invoice Financing services by Nuvei is likely to be viewed positively by investors and customers, as it addresses a critical need for efficient cash flow management among merchants. By integrating this service into leading ERP platforms, Nuvei not only expands its product offering but also strengthens its position in the fintech market. This move could lead to increased adoption of Nuvei's services, potentially boosting its revenue and enhancing its market competitiveness.
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