Nuvei, the Canadian fintech company, has established a new operational hub in China, reinforcing its presence in the Asia-Pacific (APAC).

Philip Fayer, Nuvei Chair and CEO commented, “We’re excited to announce our new office in China as we continue expanding in APAC. Our increased presence will provide APAC enterprises with local expertise and support as they explore new markets.”

The fintech is already serving Chinese businesses with cross-border payment services and aims to extend its global reach further and enhance its regional support.

This expansion aligns with Nuvei’s commitment to facilitating business growth in APAC, with recent achievements including acquiring local licenses in Singapore, Hong Kong, and Australia.

In addition, the Canadian fintech offers access to 634 alternative payment methods (APMs) to help APAC businesses connect with customers across the region.