# Nexi **Type:** [[Acquiring]] · Payment Technology Group **Archetype:** [[eu-sme-fintech-market-map|Acquiring-led]] **HQ:** Milan, Italy **Listed:** Euronext Milan (NEXI) **Structure:** Pan-European PayTech group formed by merger of Nexi (IT), Nets (DK/Nordics), Concardis (DE/AT/CH) **Target:** Banks (as white-label acquiring partner), enterprise merchants, SMEs via bank distribution --- Nexi is Europe's largest PayTech company by transaction volume, formed through the consolidation of three major national acquiring and payment technology providers: Italian Nexi, Nordic Nets, and German-Austrian Concardis. It processes payments for millions of businesses across Southern and Central Europe, primarily distributed through bank partnerships. **Core products:** - Card terminals (POS hardware — physical and contactless) - Online payment gateways - Acquiring and settlement services for merchants - Digital banking solutions (white-label, sold to banks) - Merchant services platform **Key context for the graph:** Nexi is primarily a **bank-distributed** acquiring provider — most SMEs encounter Nexi through their bank (e.g., bank offers "card terminal from our partner Nexi") rather than signing up to Nexi directly. This contrasts with Stripe and Mollie's direct-to-merchant model. **Connected:** [[Acquiring]] · [[eu-sme-fintech-market-map]] · [[Worldline]] · [[Adyen]] · [[Mastercard]] · [[Visa]] · [[SEPA Credit Transfer]] *FintechGraphs · [[about|Who we are]]*