World fee know-how firm Nuvei (TSX: NVEI and NVEI.U) is obvious on its final objective: to supply the perfect fee expertise to followers, retailers, groups and publishers.
On its strategy to attaining this, the agency chooses its companions fastidiously, prioritising shared objectives and beliefs. Lately, Nuvei introduced a partnership with esports-focused leisure and know-how firm ESE Leisure.
Watch Konrad Wasiela, ESE Leisure Founder and Director and Dan Houl, Head of Esports, Gaming, Digital Funds at Nuvei, talking about what’s behind this partnership in an interview moderated by Sam Cooke, Co-founder and Managing Director, Esports Insider.
As part of the deal, Nuvei agreed to sponsor ESE-owned esports organisation K1CK within the upcoming 2021 season. The collaboration consists of jersey brand placement and inclusion in digital belongings, in addition to the mixing of Nuvei’s payment-processing know-how throughout ESE’s e-commerce and esports channels.
“Because the esports ecosystem continues to develop, we’re excited to sponsor an iconic group like K1CK,” commented Philip Fayer, Chairman and CEO of Nuvei in a launch. “Together with our deep expertise in serving the net gaming and controlled sports activities betting industries internationally, we’re thrilled to hitch K1CK, given their comparable historical past of excellence.”
This partnership between ESE and Nuvei builds on a perception that fee options are a major factor of esports, vital for fulfillment. It combines Nuvei’s practices in esports fee options with ESE Leisure’s long-standing esports expertise.
“Localised fintech companions on a world scale are vastly vital for the esports ecosystem,” stated Konrad Wasiela, ESE Leisure Founder and Director. “As an esports organisation, you want a correct fee supplier. Nuvei offers us with a world-class transaction platform, a crucial piece in additional monetising our esports and gaming belongings globally.”
To Nuvei, one of many issues that make this alliance a fantastic match is the mix of world and regional approaches. ESE is diversified throughout a number of markets and focuses on bridging between Europe, Asia, and North America. Partnership with Nuvei thus facilitates the demand for localised funds on a world transaction platform.
Dan Houl, Head of Esports, Gaming, Digital Funds at Nuvei, sees nice potential within the firm’s newest accomplice: “ESE has every part to be one of many international esports leaders and that’s why we took the possibility to take a position all our efforts into securing this partnership. Plus, it’s a means for us to make K1CK seen worldwide and to allow gamers to entry the organisation.
“If there’s an opportunity that an esports organisation has a pool of abilities coming from all around the world, it signifies that it should have a financing system that may cowl completely different territories. That is only one of some ways Nuvei helps ESE,” Houl added.
ESE’s Wasiela mentions a well known concern of delayed funds amongst esports organisations and match organisers: “I’ve heard horror tales of groups not getting paid or of delayed winnings. The trade is extraordinarily fragmented and there’s an absence of professionalism. Our objective as an organization is to deliver extra standardisation by bringing in infrastructure. We wish to present the esports group that there’s a higher strategy to do issues.
“In case you’re a match organiser like us and also you don’t have the correct infrastructure with good companions on the fintech aspect, it’s simply not potential to succeed, not even cash can fight that,” he stated. “That’s why we created this core basis which we are able to additional scale and construct on.”
Wasiela highlights consistency as the perfect method in direction of gaining the belief of the group. “We’ve to deal with the esports athletes the identical means we deal with conventional athletes. We have to collectively work collectively and switch esports right into a champions’ league, the place there may be sufficient professionalism and gamers are taken care of, prize swimming pools are being paid, sponsorships are coming in. That’s the way it’s performed the appropriate means.”
Nuvei and ESE Leisure share the identical beliefs on the significance of fee methods, together with the identical objective of enhancing the esports house, by bringing in additional professionalism, strong infrastructure, and finally constructing belief throughout the group.