In May 2022, WeCook announced it had secured USD 30.7 million in a strategic equity investment as part of plans to help accelerate its growth across Canada. The Canadian food delivery market, combined with ecommerce, is growing at an accelerated pace, and was estimated to be worth over USD 5 billion in 2021, as per the press release.
WeCook’s officials stated that partnering with a like-minded Canadian technology business like Nuvei is important as they expand into new provinces. Their extensive payment solutions, scalability, stability, and support will provide value to the demands of their growing business.
As part of the collaboration, WeCook benefits from Nuvei’s flexible recurring payment service that increases customer retention and improves conversion with smart routing and cascading tools, auto account updating, and multiple, concurrent subscriptions.
For more information about Nuvei, please check out the company profile in The Paypers Comapny Database.
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