Nexi Group is a leading European payments technology company headquartered in Italy. It offers a wide range of payment solutions to businesses and consumers, including card acquiring, issuing, merchant services, and digital payments. Nexi operates in several European countries and has a strong market presence in Italy, Spain, and Portugal. The company aims to drive innovation in the payments industry and provide secure, efficient, and convenient payment solutions. Nexi’s focus is on leveraging technology to enhance the payment experience for both businesses and consumers.
In a significant development, the European Investment Bank (EIB) has announced a substantial €220 million financing facility to Nexi Group, a leading European payments technology company. This investment aligns with the EIB’s strategy of supporting innovative businesses and driving economic growth within the European Union.
The European Investment Bank (EIB) is the lending arm of the European Union (EU). It is the world’s largest international financial institution owned by EU member states. The EIB provides long-term financing for projects that contribute to the EU’s objectives, such as promoting economic growth, job creation, and climate action. It primarily lends to public sector entities, but also supports private sector projects that align with its strategic priorities. EIB’s previous financing to Nexi has likely been a significant factor in the company’s growth and success. This long-standing partnership demonstrates the EIB’s commitment to supporting innovative European businesses and driving economic development.
The financing, which has been approved by the EIB Board of Directors, is expected to fuel Nexi Group’s ongoing expansion and investment in cutting-edge payment technologies. The funds will be utilized to support the company’s growth initiatives, including research and development, strategic acquisitions, and the development of new payment solutions.
Nexi Group, a key player in the European payments industry, has been actively pursuing growth and innovation. The EIB’s investment is seen as a vote of confidence in the company’s future and its ability to deliver value to its customers and shareholders.
The EIB’s financing is anticipated to contribute to the creation of jobs and boost economic activity in the regions where Nexi Group operates. Moreover, it is expected to support the development of a more efficient and inclusive digital payments ecosystem within the European Union.
