Nexi sells Ratepay to Affirm, expanding BNPL services in Europe

Nexi, a European digital payments company, is selling its payment provider Ratepay to Affirm, a buy now pay later (BNPL) firm. The deal includes a memorandum to expand their partnership in Germany, Austria, and Switzerland, aiming to enhance BNPL offerings. Nexi will support the transition with expertise after regulatory approvals expected in early 2027. This move aligns with Nexi's strategy to focus on core activities while allowing Ratepay to grow under Affirm's ownership.

As of Nov 10, 2026 03:41 WIB, Affirm Holdings Inc (AFRM) trades at USD 68.42 on Pluang, showing a modest 0.46% increase in one day. The company holds a market capitalization of $23.09 billion and an enterprise value of $30.53 billion. This deal involving Nexi and Ratepay may influence Affirm's position in the BNPL sector, where it currently maintains significant market presence.