nexi acqurier Revolutionizing Merchant Acquiring in Europe

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nexi acqurier is making waves in the European merchant acquiring scene. They're a company that's been around since 2013, with a strong presence in Italy and a growing footprint across the continent.

Their innovative approach to merchant acquiring has gained traction, with a focus on providing a seamless and cost-effective payment experience for businesses. This includes a range of services such as card acceptance, online payments, and cashless solutions.

One of the key benefits of working with nexi acqurier is their ability to offer a single platform for all payment needs, streamlining the process for merchants and reducing complexity. This streamlined approach has been a major draw for businesses looking to simplify their payment operations.

European Merchant Acquiring

Nexi's acquisition of 80% of Sabadell's merchant acquiring business is a significant move in the European market.

The deal values Sabadell's merchant acquiring business at 350 €M for 100% and Nexi will finance it entirely through available cash resources.

Credit: youtube.com, What is the E-money Directive? | European Merchant Bank

Sabadell's merchant acquiring business has over 380k merchants and approximately 48 €B of transaction volumes as of December 2022.

Nexi will acquire this business after its carve-out into PayComet, a fully owned Sabadell company and already a licensed payment institution.

The merchant acquiring business is expected to generate an EBITDA of around 30 €M based on 2023 figures.

Spain is the fourth largest economy in the Euro area, with a positive macro-economic outlook and a sizable payments market with high consumer spending.

Sabadell is the second-largest merchant acquirer in Spain with a significant market share across the full acquiring value chain.

Investment and Partnerships

Bain Capital's investment in Nexi led to significant growth, with the company doubling in size over two years through organic and inorganic growth initiatives.

Bain Capital invested hundreds of millions in Nexi to improve its technology, making the company more scalable and competitive.

Nexi's technology infrastructure was significantly upgraded, allowing for improved operational efficiency and customer satisfaction.

Euro banknotes in close-up with focus on 100 denomination. Perfect for financial themes.
Credit: pexels.com, Euro banknotes in close-up with focus on 100 denomination. Perfect for financial themes.

A key factor in Nexi's success was the investment in new product development and operational transformation, facilitated by Bain Capital's deep pool of portfolio group resources.

Bain Capital's expertise in navigating private, public, and capital markets helped facilitate Nexi's most important mergers after the company went public in 2019.

Here are some key statistics on Bain Capital's investment in Nexi:

Bain Capital's investment in Nexi's technology and operational transformation led to a highly successful IPO in 2019.

Frequently Asked Questions

Who is the world's largest merchant acquirer?

JPMorgan Chase & Co. is the world's largest merchant acquirer in terms of estimated US total processing volume, handling over $2.4 trillion in transactions annually.

Is Nuvei an acquirer?

Yes, Nuvei is a merchant acquirer. It provides payment processing services to businesses through its platform.

Is Nexi a payment processor?

Yes, Nexi is a payment processor that offers full-service payment solutions. It has successfully integrated with Oracle's payment systems, enabling secure and efficient payment processing.

Lee Kuhn

Senior Copy Editor

Lee Kuhn has spent over two decades refining his craft as a copy editor, honing a keen eye for detail and a passion for precise language. His expertise extends to a variety of fields, with a particular focus on the intricate world of Finnish banking. Lee's rigorous approach to editing ensures that every piece he touches is not only free of errors but also clear and compelling.

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