Dublin, Ireland (November 18, 2020) – Nexi, the Milan-based payments processor which merged with SIA last month, is now set to buy rival Copenhagen-based Nets in a $9.2 billion (€7.8 billion) deal.
According to Bloomberg, the deal will create Europe’s largest payments firm by volume, number of customers and pre-tax earnings.
By market value, Netherlands-based Adyen is still the continent’s biggest payments processor.
Previously announced on FinTech Futures