Payment technology services provider Nuvei Corp (TSE:NVEI) today announced the appointment of Neil Erlick as its Chief Corporate Development Officer.

In this role, Mr Erlick will focus on strategic business development in key industry verticals, corporate partnerships, as well as enhancing Nuvei’s overall growth in the rapidly growing U.S. regulated gaming market. He will be joining Nuvei on January 5, 2021 and will report to Philip Fayer, Nuvei’s Chairman and CEO.

Mr Erlick spent nearly two decades in senior leadership roles at Paysafe Group, most recently having served as Executive Vice President of Business Development. Supporting global gaming operators, he helped grow the company from a start-up to a multibillion-dollar enterprise. He has facilitated partnerships with professional sports teams and leagues, as well as brokered transformational deals in high growth digital verticals.

Having worked closely with the card brands and payment stakeholders, Mr Erlick has helped collaborate, educate and pioneer industry awareness to the rapidly growing opportunity in U.S. sports betting, following the Supreme Court ruling over two years ago to end the federal ban. In 2015, Erlick was elected to the Board of Directors of the Fantasy Sports Trade Association (FSTA) and was named in Global Gaming Business Magazine’s 2017 class of 40 Under 40.

Mr Erlick commented on his appointment:

“I’m excited to be joining the Nuvei team to drive its expanding number of strategic corporate initiatives and leverage its full-stack innovative platform to further support the company’s long-term growth plans.”