Nexi plans to sell Ratepay to Affirm
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AI-assisted source synthesis · not an independent investigation.
On November 10, 2026, PYMNTS reported that Nexi plans to sell payment service provider Ratepay to buy now, pay later company Affirm. The two parties have reached a memorandum of understanding and plan to expand their existing collaboration in Germany, Austria, and Switzerland and explore new opportunities. The transaction is subject to customary regulatory approval and is expected to close in the first half of 2027; after closing, Nexi will provide transitional support to Ratepay and Affirm. Later that same day, Fintech News Switzerland reported that Affirm would acquire Ratepay from Nexi, adding that after the transaction closes, Ratepay plans to expand its BNPL product range, including installment payments. Both reports said the transaction is still subject to regulatory approval and is expected to close in the first half of 2027.
AI-written from reports · updated 17 hours ago
Timeline
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- Fintech News SwitzerlandAffirm to acquire Ratepay as Nexi shifts focus to its core business
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.
- PYMNTSNexi sells payment provider Ratepay to Affirm
Nexi is selling payment provider Ratepay to buy now, pay later company Affirm and has signed a memorandum of understanding with Affirm to expand their existing partnership in Germany, Austria and Switzerland and explore new opportunities. The transaction is subject to customary regulatory approvals and is expected to close in the first half of next year; after closing, Nexi will provide transitional support to Ratepay and Affirm.
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