Strategic combination between Nexi and Nets creates a powerful European PayTech leader

The new combined group will become one of the largest pan-European PayTech players with scale, reach and breadth in capabilities.

The group will offer enhanced future-proof innovative payment solutions across rails and channels, underpinned by a best-in-class operating model and technology stack. It will leverage a strong complementary presence across the most digitally-advanced and under-penetrated regions in Europe.

The new group represents a winning platform that will be ideally positioned to further drive consolidation in Europe.

Pan-European leader

We both have leading positions and a complementary presence across Europe. Thus, joining forces has resulted in a player of significant scale which will reshape the payments industry as we know it.

"One-stop-shop"

Combining our capabilities and product portfolios will enable us to establish a European digital payments Powerhouse and deliver a broader product offering both domestically and cross-border.

Innovation

Together, we will leverage our unparalleled scale and technologies to capture the significant market opportunity that exists with the ongoing shift from cash to card payments.

Growth story

The Nordic expansion (2014 – 2016)

Nets was acquired by Advent International, Bain Capital and ATP in July 2014 from the Danish and Norwegian bank owners. Under private equity ownership Nets transformed into a cost-effective, market-oriented regional payments provider, quickly expanding in the Nordics organically and through selective M&A.

Listed at Copenhagen Stock Exchange (2016 – 2018)

In September 2016 the company listed on the Copenhagen Stock Exchange and continued its growth journey becoming a leading Nordic payments provider. After one and a half years Nets was taken private by a consortium led by Hellman & Friedman.

The European journey (2018 – 2020)

Under Hellman & Friedman's ownership, Nets has undergone significant transformation and investments resulting in accelerated growth of its core business, both organically and through strategic M&A. This has expanded Nets' footprint into fast-growing payments areas like Germany, Austria, Switzerland, and Poland. The commercial focus has been on merchant services, establishing a strong eCommerce exposure and proposition, issuing processing and developing innovative digital payment products.

Nets joins forces with Nexi to create an advanced and innovative European PayTech leader.

Nets and Nexi

Presentations and links

Media and IR contacts

Nets

Media contact:

Søren Winge, swing@nets.eu
Mobile: +45 29 48 26 46

IR contact:

Christian Lintner, clint@nets.eu
Mobile: +45 29 48 26 70

Nexi

Media and IR contact:

https://www.nexi.it/en/investor-relations/contacts.html

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