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Fintech News Switzerland· Fintechnews Switzerland·· 19 hours agoAI score59

Affirm to acquire Ratepay as Nexi shifts focus to its core business

Affirm Acquires Ratepay as Nexi Focuses on Core Activities

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AI-assisted source summary · not independently verified. Content standards

Affirm will acquire German payment service provider Ratepay from Nexi. After the transaction closes, Ratepay plans to expand its BNPL product range, including installment payments. The two parties have also signed a memorandum of understanding to expand their existing partnership in the DACH region and explore new business opportunities. The transaction is subject to customary regulatory approvals and is expected to close in the first half of 2027.

Source:Fintech News Switzerland · fintechnews.ch