Canadian Food Tech pioneer Wekuk Nuvin prefers payment

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Montreal, July 06, 2022 (Globe News) – Nuvi Corporation (“Nuvi” or “Company”) (TSX: NVEI) has announced its partnership with tomorrow’s fast-growing platform. – A food-for-food platform expanding across Wekuk across Canada. WeCook is using Nuvin’s payment technology platform and payment experts to meet both business-to-business and direct-to-consumer payment process needs.

As a pioneer in the food registration market, Montreal-based Vekuk delivered more than four million meals throughout Quebec and Ontario last year and is set to become a nationwide home-based caterer by 2023, WeCook announced. As part of plans to accelerate growth in Canada, it has invested $ 40 million in strategic equity investments. The Canadian food market, combined with ecommerce, is growing rapidly and is estimated to be worth more than $ 5 billion by 2021.

WeCook Meals specializes in providing fresh, nutritious meals that meet the needs of Canadians who want to eat healthy, nutritious food but have no time to cook. It grew rapidly after it was set up in 2013 before being shifted to the wholesale market in 2020.

“As a pioneer in the catering subscription market, Wookie has always been creative,” said Jonathan Roy, co-founder of Wookie. “It is a recipe for success as we expand into new states in partnership with like-minded Canadian technology businesses such as Nuvi.

As part of the partnership, WeCook is a proprietary NV dynamic payment service that enhances customer retention and conversion through smart roaming and casing tools, automatic updates and multiple and simultaneous subscriptions.

“WeCook has quickly established itself as a leader in providing ready-to-eat food in Canada,” said Philip Fayer, chairman and CEO of Nuvi. “As a fast-growing business with Canadian Heritage, we are proud to support another fast-growing technology company as it expands its footprint to new markets as we work with brands around the world.”

About WeCook Foods

WeCook Meals was founded in 2013 by two young entrepreneurs who want to spend a little time in the kitchen without compromising on high quality and nutritious food. Food is prepared at home by chefs using only fresh ingredients from local suppliers. Demand for WeCook ready meals has increased by 300% and the Montreal-based company has successfully created 600 new jobs. The Montreal-based company currently has two factories serving more than 4 million meals a year throughout Ontario and Quebec.

Visit https://www.wecookmeals.ca/ for more information

About Nuvi

TSX ፡ Category NVEI is tomorrow’s payment platform. Designed to accelerate customer business, Nuvi modular, flexible and scalable technology leading companies will be able to accept next-generation payments, offer all payment options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to more than 200 markets, providing technology and insights for successful customers at home and internationally in a single integration, including 45+ markets, 150 currencies and more than 550 alternative payment methods, including crypto currencies. .

Visit www.nuvei.com for more information.


        

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