FTE:
106 (November, 2022)
EST:
2017, Vilnius
Functions:
Product development, software engineering, compliance, sales, support, customer success, fraud analysis, banking and cards operations, data analytics, finance, HR

Simplex is a licensed financial institution empowering its growing network of partners to accept the widest range of payment methods. In 2021, Simplex was acquired by Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), a Canadian fintech company that accelerates the business of clients around the world through the use of its modular, flexible and scalable technology that allows companies to accept next-gen payments.

Simplex enables merchants to process credit card payments with a 100% chargeback guarantee. The company’s cutting-edge fraud prevention solution and proprietary state-of-the-art AI technology blocks fraudulent users and allows legitimate users to complete payments with ease.

As well as providing banking services to corporate and individual users, Simplex is the leading fiat-cryptocurrency gateway connecting market participants including exchanges, brokers, wallet and liquidity providers. In addition, the company holds an E-Money licence issued by the Bank of Lithuania, as well as Visa Principal Membership, which allows Simplex to issue debit cards to consumers.

Nuvei recently announced the opening of a new office in Vilnius. Many of its team in Lithuania work directly on Simplex products and services, with a focus on product development, research and development, compliance and customer support.

Looking for more in-depth insights?
Gintarė Bačiulienė
Head of Tech team
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    Gintarė Bačiulienė Head of Tech team
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