An actor invests in a technology company – level 2
21-04-2023 07:00
Nuvei is a company that provides payment services for sports betting. Recently, it received investment from Ryan Reynolds, a well-known Hollywood actor, and investor.
The company was established in Montreal, Canada, in 2003 and operates in around 50 countries. It offers payment services to clients from the gaming and crypto industries. Reynolds didn’t say how much money he invested, but he joked about the CEO’s low profile compared to other US tech executives.
In the past, Reynolds invested in several businesses, including Aviation Gin and Mint Mobile, a budget mobile phone service.
Difficult words: sports betting (predicting sports results to get money), crypto industry (business with digital money), budget (cheap).
You can watch the original video in the Level 3 section.
What advantages does Nuvei offer to its clients from the gaming and crypto industries?
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