Nexi to acquire 80% of Sabadell’s merchant acquiring business for €280m
The all-cash deal worth €280 million values the business at €350 million.
The all-cash deal worth €280 million values the business at €350 million.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Nexi will utilise the tech giant’s IBM z16 and IBM Storage System offerings.
Five front-end companies were chosen by the ECB out of 54 applicants.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The strategic partnership will see the pair work together to “digitise the European payments space”.
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.
Synch provides an account-to-account (A2A) mobile payment solution for consumers and businesses in Ireland.
The €180m deal forms part of a broader multi-year partnership in the merchant acquiring space.
Nexi is selling its tech businesses that are powering MTS and Euronext Securities Milan to Euronext.
Led by Accenture, the consortium will build and operate the platform over the next five years.
Cloud-based solution to expand digital transaction banking services.
Nexi is “uniquely positioned to catch further M&A opportunities”, says CFO.
The two have around two million merchants, and around 120 million cards.
Facebook, Stripe, and Europe’s biggest IPO.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!