Nexi Group

What Nexi Group does

Nexi Group is a Milan-headquartered European PayTech providing end-to-end digital payments infrastructure across more than 25 countries, serving approximately 3 million merchants, 140 million cards, and over 250 banks and corporates. Its core offerings span merchant acquiring (POS terminals, SmartStation all-in-one devices, SoftPOS mobile acceptance, Invisible Payments cashierless checkout, and the XPay e-commerce gateway), card issuing (debit, credit, prepaid, co-branded, commercial, plus the Nexi Ready fully managed digital issuing service), open banking APIs, PSD2/PSD3-aligned compliance and KYC, blockchain-based white-label solutions, and central payment infrastructure including STEP2 clearing and SEPA processing (40% of SEPA payments, 13 billion STEP2 transactions and 150 million domestic clearing transactions annually). Regional operating companies such as Nets (Nordic/Baltic), Paytrail (Finland), Ratepay and Computop (Germany), Przelewy24 (Poland), and PforCards (Austria) anchor local market execution alongside a portfolio of sub-brands including Dankort, e-Boks, orderbird, Nexi Drive, Nexi GO, Nexi Check-In, Nexi Express, and Nexi Commerce.

The company operates a hybrid revenue model combining transaction-based fees on processed payment volume with recurring subscription and managed-service revenue across issuing, value-added services (loyalty, DCC, fraud, tokenization), and ATM/self-banking operations. Distribution combines direct enterprise sales to banks and large merchants, partner-bank networks serving SMBs, software-integrated distribution (e.g., Zucchetti, Visa Agentic Ready), and a regional subsidiary field force. Technology investments are increasingly oriented toward AI-driven capabilities, including the Model Context Protocol open-source framework for agentic commerce, a strategic MoU with Google Cloud for AI-agent-based payments, and AI-powered fraud detection and compliance automation, positioning Nexi at the intersection of regulated European payments infrastructure and the emerging agentic commerce stack.

The business is publicly listed on the Milan Stock Exchange (ticker NEXI), headquartered at Corso Sempione 55, Milan, and has been undergoing significant ownership transition, with private equity sponsors Advent and Bain Capital exiting in May 2026 and CDP Equity (Italy's state investment vehicle) increasing its stake to as much as 29.9%. A new CEO, Bernardo Mingrone, was appointed in March 2026. The 2028 strategic plan targets approximately €2.4 billion in total excess cash generation over 2026–2028, a €0.30 per share 2026 dividend, and leverage maintained between 2.0x and 2.5x EBITDA, signaling a mature, cash-generative operator pivoting toward higher-margin managed services and AI-enabled infrastructure.

Name

Nexi Group

Legal name

Nexi S.p.A.

Website

https://nexigroup.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Nexi Group is a Milan-headquartered European PayTech providing merchant acquiring, card issuing, open banking, and central payment infrastructure across 25+ countries, serving approximately 3 million merchants, 140 million cards, and 250+ banks.

Ownership category

akta.pro rank

Product category

Digital Payments Infrastructure

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF), Card-Not-Present / eCommerce Acquirers (FSAMABAD), Card Issuing & Virtual Cards (lodge cards, single-use, tokenization) (THALAHAB)

Keywords

• Digital payments processing
• Merchant acquiring services
• Card issuing solutions
• Open banking infrastructure
• European PayTech

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices35 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Merchant Acquiring & Payment Processing: Revenue from processing digital payments for merchants across in-store, e-commerce, and mobile channels. Q1 2026 showed 1% YoY revenue growth to €821.4 million with underlying growth at 5%, demonstrating resilient diversified payment-processing model.
2. Card Issuing Services: Solutions for banks and financial institutions covering the entire card value chain from processing to end-to-end card management, issuing debit, credit, revolving, co-branded, prepaid, and commercial cards on national and international circuits.
3. Value-Added Services: Additional services including loyalty programs, fraud management, business intelligence, Dynamic Currency Conversion (DCC), tokenization, and compliance solutions.
4. ATM & Self-Banking Services: Processing services including management and monitoring of ATMs across territories (e.g., Austrian market through PforCards).

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Nexi Group is the European PayTech providing end-to-end digital payments infrastructure across 25+ countries. Its core offerings span merchant acquiring (in-store, e-commerce, mobile, unattended), card issuing and processing for banks and fintechs, open banking APIs, SEPA/STEP2 clearing infrastructure for central institutions, and sector-specific solutions for retail, hospitality, grocery, fuel, and EV charging. The company serves approximately 3 million merchants, 140 million cards, and over 250 banks through a mix of direct enterprise sales, partner-bank distribution, and managed services.

Product overview

Nexi Group is a European PayTech providing a comprehensive digital payments ecosystem across more than 25 countries. The portfolio includes core merchant acquiring and card issuing services (Nexi Ready for managed digital issuing), SmartStation all-in-one POS devices, SoftPOS for mobile acceptance, Invisible Payments for cashierless stores, XPay e-commerce gateway, and sector-specific solutions (Nexi GO for EV charging, Nexi Drive for petrol, Nexi Check-In for hospitality, Nexi Express for grocery, Nexi Commerce for retail). Banks and financial institutions receive open banking APIs, Digital Corporate Banking, treasury management, ATM services, KYC/compliance solutions, and central bank/clearing infrastructure. Sub-brands include Nets (Nordic/Baltic), Paytrail (Finland), Ratepay (Germany), Computop (Germany), and PforCards. Key differentiators include agentic commerce capabilities with Model Context Protocol, analytics tools (Nexi Business, Easy Data), loyalty programs, and Dynamic Currency Conversion. The company processes approximately 3 million merchants, 140 million cards, and serves over 250 banks.

Differentiator

Problem solved

Functional benefit

Brands

• Nets: Part of Nexi Group, providing payment solutions across Nordic and Baltic regions
• SmartPOS
• SoftPOS
• XPay
• Nexi Commerce
• Nexi Express
• Nexi Check-In
• Nexi Drive
• Nexi GO
• Planet Hospitality
• Dankort
• eBoks
• Paytrail
• Przelewy24
• Ratepay
• orderbird
• Computop
• Dona Italia

Products and services

• Merchant Acquiring & Payment Acceptance Comprehensive digital payment acceptance spanning in-store POS terminals, e-commerce gateways, remote payments, self-service/unattended terminals, and mobile payments for merchants of all sizes across European markets.
• Card Issuing & Digital Cards End-to-end card issuance and management services for banks, corporates, and fintech companies, covering debit, credit, prepaid, co-branded, and commercial cards across national and international circuits.
• Nexi Ready Fully managed digital card issuing solution enabling banks, corporates, and fintech companies to deploy digital card services without building their own infrastructure. Nexi handles technology, operations, and regulatory compliance (AI Act, PSD3/PSR).
• Nexi SmartStation All-in-one commerce device combining POS software, store management, and payment processing on a dual-screen unit with open API architecture for software vendor integration, targeting retail, restaurant, beauty, health, and bakery sectors.
• SoftPOS Mobile POS solution that transforms a smartphone or tablet into a card-accepting terminal, enabling merchants to accept payments on-the-go without additional hardware. PCI/DSS certified.
• Invisible Payments Cashierless store solution using cameras and weight sensors for automated checkout, with payment managed through tokenized card data stored in merchant apps (e.g., Conad Dao implementation).
• XPay E-commerce Platform E-commerce payment gateway enabling online merchants to accept various digital payment methods with easy integration and compliance with security standards; powers Invisible Payments and cashierless checkout.
• Nexi Business & Easy Data Analytics and business intelligence systems enabling merchants to monitor, reconcile, and analyze financial flow and payment acceptance data, with data-driven insights for business optimization.
• Digital Corporate Banking Multi-channel remote banking solution (web and mobile) integrable with company ERPs, aggregating a bank's in-house services with CBI Consortium services including CBILL, Fast Digital Invoicing, and Payment Security.
• Open Banking Platform PSD2-compliant platform facilitating interconnection between banks and third parties via APIs, enabling financial institutions and fintech companies to build new services based on advanced data management.
• Blockchain Solutions Private DLT infrastructure for developing innovative blockchain applications including white-label solutions and blockchain-based loyalty programs with wallet transactions.
• KYC/Compliance Solutions End-to-end Know Your Customer process for Telco, Insurance, and Utilities sectors, including PEP and sanctions screening during customer acquisition and continuous due diligence.
• Dynamic Currency Conversion (DCC) Service allowing foreign customers to pay in their own currency at point of sale, providing greater transparency and additional revenue from transactions for merchants.
• Loyalty & e-Voucher Services CRM and loyalty engagement programs linked to customer cards, including discount and cashback programs, e-vouchers with top-ups, and gift cards purchasable in real-time.
• Nexi GO (EV Charging) Complete EV charging payment solution including terminals, QR codes, in-app payments, and value-added services to enhance driver convenience and increase repeat purchases for EV charging networks.
• Nexi Drive (Petrol) Payment solutions for fuel retail including multi-functional fuel station hubs, fleet card acceptance, traditional and EV charging support, and digital compliance services.
• Nexi Check-In (Hospitality) End-to-end hospitality payment solution across physical and digital touchpoints, including integrated PMS terminals, QR code table payments, and unified customer payment experiences.
• Nexi Express (Grocery) Self-checkout and scan-and-pay solutions for grocery and supermarket retailers, reducing queues and enabling efficient store operations (e.g., 60% of Coop Denmark store transactions via self-service).
• Nexi Commerce (Retail) Comprehensive retail payment solutions including in-store POS, SoftPOS, e-commerce, omnichannel integration, and Dynamic Currency Conversion for international customers.
• Central Bank & Clearing Services Processing for SEPA payments, STEP2 clearing (13 billion transactions annually), domestic clearing (150 million transactions), and settlement services for central banks and financial institutions.
• ATM & Self-Banking Services Self-banking services including front-end processes, advanced monitoring and maintenance systems, and multifunctional totems and kiosks for banks and financial institutions.
• Treasury Hub Cross-border treasury centralization service simplifying dialogue with bank counterparties and automating financial and reporting processes, with digital signature workflows for payment authorization.
• Dona Italia QR-code-based digital donation solution for Italian Third Sector entities, enabling simple and secure charitable contributions through smartphone scanning, with Nexi covering service costs during the promotional period.
• Model Context Protocol (MCP) Open-source framework enabling developers, merchants, and partners to connect AI agents to Nexi's payment solutions using conversational commands for automated payment workflows in agentic commerce.

Quantifiable outcome

• 5% underlying revenue growth in Q1 2026 despite competitive and macroeconomic headwinds
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Google CloudcoreTechnology or Integration · 3 March 2026Strategic partnership to develop infrastructure for agentic commerce across Europe, enabling AI agents to autonomously execute secure payments on behalf of consumers. Combines Google Cloud's AI and data infrastructure with Nexi's European payment network, focusing on open-source commerce standards including Universal Commerce Protocol and Agent Payments Protocol. Collaboration also aims to optimize real-time fraud detection, automate compliance, and streamline merchant onboarding.
• ZucchetticoreStrategic or Co-development Partner · 3 November 2025Expanded strategic partnership to provide integrated payment solutions for retail and hospitality sectors, starting in Switzerland and later expanding to the DACH region. Integration combines Nexi's payment capabilities with Zucchetti's software including TCPOS, enhancing merchant and customer experiences.
• Global BlueminorStrategic or Co-development PartnerPartnership providing omnichannel hospitality solutions including tax-free shopping, Dynamic Currency Conversion, and integrated payment services for hotels and merchants.
• KopleminorStrategic or Co-development PartnerNorwegian EV charging network with 7,000+ chargers partnered with Nets (part of Nexi) for payment solutions using RFID, QR codes, and mobile apps. Partnership enables card-not-present transactions for EV charging.

Scale indicators18 records

Recent moves6 records

Expansion highlights7 records

Market position

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/nexigroup
• LinkedInlinkedin.com/company/nexigroup

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries16 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nexi Group