Nexi Sells Payment Provider Ratepay to Affirm
By PYMNTS
AI summary of the source article
European digital payments infrastructure firm Nexi is selling its payment provider business Ratepay to Affirm. Additionally, both companies signed a memorandum of understanding to expand their partnership across Germany, Austria, and Switzerland.
Key facts
- Nexi is selling payment provider business Ratepay to buy now pay later company Affirm.
- Nexi and Affirm signed a memorandum of understanding to expand their partnership in Germany, Austria, and Switzerland.
- The companies also agreed to explore new business opportunities together.
Source excerpt · PYMNTS
European digital payments infrastructure company Nexi is selling its payment provider business Ratepay to buy now pay later (BNPL) company Affirm. As part of the deal, Nexi and Affirm inked a memorandum of understanding to expand their current partnership in Germany, Austria and Switzerland and explore new opportunities together, the companies said in a Monday […] The post Nexi Sells Payment Provi…