- Business
- Nexi S.p.A. provides payment technology solutions and services across Europe, enabling banks, merchants, consumers, and institutions to conduct digital transactions through card-present and card-not-present acceptance, issuing, acquiring, and related infrastructures. The company offers merchant services and solutions including point-of-sale terminals, e-commerce platforms, and value-added services such as buy-now-pay-later integration; cards and digital payments encompassing credit, debit, prepaid, loyalty, and fuel cards along with smartphone and wearable payments; and digital banking solutions featuring electronic invoicing, bill payments, prepaid card reloading, and postal payments. Nexi operates primarily in Italy, the Nordics and Baltics, DACH region including Germany, Austria, Switzerland, Poland, and Southeastern Europe, serving financial institutions, corporates, small and medium-sized enterprises, and public administrations with full processing for issuing and acquiring, terminal management, disputes, fraud handling, and back-office support. Founded in 1939 and headquartered in Milan, Italy, at Corso Sempione 55, the company has approximately 9,300 employees and functions as a holding entity with subsidiaries such as Nexi Payments S.p.A. and Nexi Central Europe. In recent developments, Nexi completed a selective acquisition strategy in 2024 with the closure of Sparkasse merchant book and the signing of Banca Popolare di Puglia e Basilicata merchant book, while divesting its Nordic eID business and residual Capital Markets operations; the company launched and completed a 500 million euro share buyback program in 2024, renewed strategic partnerships with Italian banks like Crédit Agricole Italia until 2029 and BPER Banca, formed alliances including with Klarna for BNPL, Planet for hospitality payments, and Bancomat for technology infrastructure, secured 220 million euro funding from the European Investment Bank, and in November 2025 agreed to sell its digital banking solutions unit to TPG for 1 billion euros.