Case Study: OnBuy accelerates marketplace growth with Nuvei

OnBuy drives 35% revenue growth with Nuvei

OnBuy, a leading UK online marketplace, faced the challenge of supporting its rapid growth and ambitious global expansion plans. It needed a payments partner that could provide a seamless integration and a wide array of payment solutions to meet growing consumer demand for choice and convenience. To achieve this, OnBuy extended its partnership with Nuvei and utilized its Nuvei for Platforms solution.

Nuvei implemented its comprehensive payments platform, enabling OnBuy to move beyond being a PayPal-only marketplace. The solution provided access to numerous payment methods like Visa, Mastercard, and Klarna, along with robust risk mitigation and optimization tools. The results were significant, with OnBuy reporting a 13% increase in conversion rates leading to over 35% revenue growth in the first month. Nuvei's technology also streamlined seller onboarding and payouts, further accelerating OnBuy's growth trajectory and preparing it for international expansion.

OnBuy