Simplex is an EU-licensed financial institution and a Level 1 Service Provider, empowering the crypto industry with a full fiat infrastructure. They process crypto-to-credit card payments with a 100% guarantee – in case of a fraud chargeback, the merchant gets paid by Simplex. In September 2021, Nuvei, a leading global payment technology provider, acquired Simplex, offering partners a greater suite of fintech solutions to make crypto even more accessible to all.