The all-share merger between Nets and Nexi has come into effect from 1 July 2021. This creates a powerful Paytech leader providing Nexi Group with greater exposure to attractive fast-growing and underpenetrated regions of Europe. Hence, the combined group is 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 full-service payment provider.
The combination of Nexi and Nets is an important next step on the journey to realise the vision of forming a leading European player in the digital payments landscape. The scale, technology, capabilities and product portfolio will serve as a “one-stop shop” to a wide range of customers. This will be further enhanced by the planned acquisition of SIA, an Italian and European leader in payment technology and infrastructure services.