Nexi: sells Ratepay and plans a strategic partnership with Affirm in the BNPL sector
(Il Sole 24 Ore Radiocor) - Nexi, the European digital payments infrastructure provider, has sold Ratepay, the German fintech and payments service provider operating in Germany, Austria and Switzerland, to Affirm. The company announced this in a press release. As part of the transaction, Nexi and Affirm have signed a memorandum of understanding to expand their existing partnership in the DACH region and jointly explore new opportunities. “The sale is in line with our strategy of focusing on core activities and optimising our portfolio to generate greater value for all our stakeholders,” said Bernardo Mingrone, CEO of Nexi Group “At the same time, given the commercial compatibility between Ratepay and Affirm, the new ownership will enable Ratepay to strengthen its BNPL offering for the benefit of its customers and of us as a partner.” The transaction is in line with the capital allocation priorities outlined at Nexi’s Capital Markets Day 2026: disciplined investment in profitable growth, continued reduction of debt and financial leverage, and sustainable returns for shareholders. Upon completion of the agreement, Nexi will provide transitional support to Ratepay and Affirm, including specialist on-the-ground support and technological expertise. The transaction, the statement explains, has a slight positive effect on the group’s net financial position and will contribute positively to Nexi’s ability to generate excess cash flow. Affirm has confirmed that the transaction is not expected to have a significant impact on its financial results or on its outlook for the 2027 financial year. Nomura acted as financial adviser to Nexi in connection with the transaction.
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