Rebranding
In November 2017, the company was renamed to Nexi,[15] while its card business was renamed from CartaSi to Nexi Payments.
On 5 October 2020, it was announced Nexi would merge with SIA S.p.A., thus creating one of Europe's largest fintech groups.[16]
In 2020 the main shareholder was Hellman & Friedman (19.92%) which acquired the stake with the contribution of Nets.[17]
On 16 June 2021, a merger with the Danish company Nets was signed, which resulted in Nexi expanding its range of action at a European level.[18]
On 30 July 2021, Nexi reached a market capitalization of $23.28 billion.
On 15 October 2021, The Autorità Garante della Concorrenza e del Mercato approved the merger of SIA S.p.A. into Nexi S.p.A.
On 25 October 2023, Nexi lost 13% in the trading day, the collapse of Worldline, Nexi's competitor, which lost 60%, was an accomplice to the collapse.[19]
On 19 July 2024, UniCredit sold up to 1.1% of Nexi's capital as part of a Nexi shareholder restructuring. It sold 14.7 million Nexi shares for a price of €5.735.[20] On July 19, 2024, Nexi shares closed the trading day at a price of €5.656 with a loss of -3.81%.[21]
On 13 June 2025, Mercury UK Holdco Limited further reduced its shareholding in Nexi to 3,010%.[22]
On 10 September 2025, Barclays reduced its price target for Nexi shares, resulting in a sharp drop of -9.45%, closing the trading day at a price of €4.734.[23] Barclays justified its financial analysis report on Nexi by highlighting the potential for reduced growth prospects due to increasing competition from existing and new competitors in the digital payments market.[24] However, some financial analysts believe this analysis is not entirely correct, and found the publication on 10 September 2025, the same day of the IPO of Klarna on the New York Stock Exchange, a direct competitor of Nexi, to be somewhat artful.[25]
On 3 October 2025, JPMorgan analysts reduced their price target on the stock, with a "Neutral" recommendation on the stock.[26]
On 5 November 2025, Nexi's EBITDA continued to be impacted by corporate inefficiency costs. From the first nine months of 2024 to the first nine months of 2025, EBITDA growth was only 3.5%. Digital Banking Solutions was negative for -0.7%.[27][28]
On 17 september 2025, it was announced that Nexi Group, will become full ownership of Computop Paygate GmbH. [29] Since 1 January 2023 Nexi Group held a 30 percent stake in the German Payment Service Provider Computop Paygate GmbH. Computop will still be a stand-alone company within the Nexi Group.
On 20 January 2026, Mercury UK reduced its stake to almost zero, from 3.010% in June 2025 to 0.011%.[30][31] On 28 January 2026, Nexi had a market capitalization of $5.08 billion.
As January 2026, the continued decline in Nexi's share price[32] had been due to corporate inefficiencies that have led to increased debt, partly due to M&A transactions and partly to poor corporate operations.[33][34] In fact, it is precisely to resolve these problems that are plaguing the company that Piergiorgio Pedron[35] has been appointed CFO, who will take up the role starting in April 2026.[36][37]
In March 2026, the company announced that CEO Paolo Bertoluzzo would be replaced by Nexi Payments executive Bernardo Mingrone.[38] A major NGO Free Software Foundation Europe claims its was evicted by Nexi, without prior notice[39].
