Nexi stock plans Ratepay sale to Affirm and expands DACH ties
Published on 11/10/2026 at 18:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRatepay sale reshapes Nexi strategy
- Nexi plans to transfer Ratepay to Affirm and focus more closely on its payment infrastructure.
- A memorandum of understanding is intended to expand cooperation across Germany, Austria and Switzerland.
- Completion is expected in the first half of 2027, subject to customary regulatory approvals.
Nexi plans to transfer German payments provider Ratepay to Affirm and expand its cooperation with the US company in Germany, Austria and Switzerland. The company announced the transaction on Monday, November 9, 2026, according to an AD HOC NEWS report. Nexi stock traded at 4.52 euros on Lang & Schwarz at 18:05 CET on Tuesday, November 10, 2026.
Portfolio focus moves to core payments
Ratepay provides invoice payments and other buy-now-pay-later services for merchants in Germany, Austria and Switzerland. The planned ownership change would remove Nexi's direct ownership of the BNPL provider and support a sharper focus on its payment infrastructure.
Nexi and Affirm have also signed a memorandum of understanding to broaden their existing DACH relationship and explore additional commercial opportunities. The planned cooperation would allow Nexi to remain connected to Ratepay and Affirm after the transfer without retaining direct ownership of the provider.
Closing timeline remains ahead
The transaction still requires customary regulatory approvals. Closing is expected in the first half of 2027. Until and after completion, Nexi plans to provide transitional support, including local expertise and technical know-how.
The purchase price was not disclosed. The transaction's investor relevance lies in the balance between portfolio simplification and continued access to BNPL capabilities through the expanded partnership. According to the Nexi investor relations overview, the group positions itself as a European PayTech serving merchants, banks, institutions and consumers across more than 25 countries.
Nexi company facts
- Company: Nexi S.p.A.
- ISIN: IT0005366767
- Ticker: NEXI.MI
- Trading venue: Lang & Schwarz
- Price: 4.52 euros at 18:05 CET on November 10, 2026
- Transaction: Planned transfer of Ratepay to Affirm
- Expected closing: First half of 2027, subject to regulatory approvals
The Italian payments sector remains shaped by the FTSE MIB market environment.
