THE Cloudy Canadian fintech Corporation, a global payment solutions provider, and VTEX, a global enterprise digital commerce platform for premium brands and retailers, announced a global partner which will provide greater flexibility and customization to retailers as VTEX expands into Latin America and into new markets in Asia Pacific, North America and Europe.

To cope with the changing dynamics of global retail, VTEX is always looking for ways to help the brands and retailers of its core customers sell faster and more efficiently. Through this new partnership, now available to VTEX customers worldwide, retailers and brands benefit from Nuvei’s advanced win rate optimization capabilities, simplified onboarding and a fully customized approach to accelerate their income.

As an enterprise-grade global digital commerce platform and marketplace, VTEX has over 2,400 customers and over 3,200 online stores in 38 countries. Works with major companies such as Sony, AbInbev, L’Oréal, Carrefour, Mazda, Motorola, Black & Decker, Levis and Whirlpool.

Nuvei was also selected by VTEX for its extensive experience in local payment technology in key markets such as Brazil, Mexico, Colombia, Singapore and Hong Kong, combined with the breadth of its international payment capabilities which include access to over 580 alternative payment methods in over 200 markets.

“Most companies today are forcing brands to choose between personalization or agility. At VTEX, we take a different approach. We offer unprecedented revenue generation time with a wide set of features. That’s why this partnership is so strategic,” says Santiago Naranjo, Revenue Director (CRO) at VTEX. “Right from the start, Nuvei understood our customers’ needs and showed them how to customize payment technology with speed and scalability,” Naranjo adds.

Nuvei President and CEO Philip Fayer commented on the partnership, “We help businesses grow and connect with their customers. VTEX is a global technology company that values ​​collaboration and innovation. We are proud to support them in their global expansion.