Nexi is the leading PayTech company in Italy, the reference point for digital payments in the country.
The company, listed on MTA of Borsa Italiana, operates in strong partnership with 150 partner banks.
The transaction gives Nexi greater exposure to attractive fast-growing and underpenetrated regions of Europe. The combined Group will be well positioned to capture further organic and inorganic growth opportunities. This is underpinned by the addressable market size and favourable industry dynamics such as the accelerated shift towards digital payments across Europe and increased demand for a fullservice payment provider.
The merger has received all the required regulatory approvals and became effective 1 July 2021, after publication of the prospectus for the listing on the MTA of the Nexi shares to be issued as effect of the merger.
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