Nexi merges with Nets (and soon with SIA) for a PayTech of European dimension

Signed the deed of merger of Nets into Nexi. The new group aims to be the leading PayTech in Europe for distinctive skills, for the scope of the distribution network, for the breadth of the offer and with a market space that expands to become four times larger than the Italian one. The merger will allow Nexi to cover the most attractive, fast growing and still under-penetrated European markets. Nexi operates in three market segments: Merchant Services & Solutions in which it serves approximately 900,000 merchants, Cards & Digital Payments in which, together with the partner Banks, it manages approximately 43 million payment cards and Digital Banking Solutions managing 12,800 ATMs, approximately 480,000 e-banking stations and around 900 million transactions. The merger with Nets, together with the announced merger with SIA, will create a leading PayTech in Europe with a complete range of products covering the entire payments ecosystem and optimal positioning to seize further growth opportunities. The merger between Nexi and Nets represents a further step on the path to creating a European leader in the digital payments landscape. The Nexi group will be further strengthened by the future acquisition of SIA, a leader in technological services and payment infrastructures. The transaction also represents a further creation of value for all Nexi shareholders. The consolidation of the Group strengthens prospects through an increasingly greater and diversified geographical presence, a broader portfolio of products and services, a greater presence in the ecommerce sector and greater diversification of the customer base. Paolo Bertoluzzo, CEO of Nexi explained: “The merger with Nets is a milestone in our journey to create the leading PayTech in Europe with greater scale, scope and capacity for the benefit of all our customers, from citizens to merchants, from banks. partners to companies, from public administration to institutions. The goal is to leverage a strong presence both in the most digitized European geographical areas and in those with the greatest potential for expansion, changing the way people pay and companies collect, through the offer of more innovative solutions and services. and reliable. The common path with Nets leads us to evolve from leading payment companies in their respective countries towards a leading PayTech in Europe by leveraging the trust and credibility gained locally, in Italy, in Germany, in all the Nordic countries and in other realities. where we are already present. This strategic union will allow us to create the largest pan-European platform with the scale to lead the market through our product leadership and operational efficiency. Finally, we look forward to welcoming SIA colleagues by the end of the year. At Nexi, we want to support the transition to a cashless Europe thanks to the transition to digital payments: more comfortable, simple and safe for everyone ”.