With retroactive effect from 1 January 2023, the shareholders of the international payment service provider (PSP), Computop, are selling 30% of the company shares to the Nexi Group, Milan. Up to now, the company was held by the founders, Frank Arnoldt and Ralf Gladis, with 50% each. The parties have agreed not to disclose the purchase price. The office locations, management team and management responsibilities of Computop remain unchanged.
A capital increase is associated with the shareholder expansion. With these additional funds, Computop will expand its range of services in the areas of point-of-sale and e-commerce in the regions covered by Nexi. This will enable the company to process omnichannel transactions for Nexi customers across the board. Computop Paygate is already connected to Nexi systems. The cooperation will allow Computop to offer processing and acquiring from a single source. However, customers will retain the freedom to choose from more than 50 acquirers worldwide for their card business.
With this participation, the Nexi Group is expanding its possibilities for processing omnichannel transactions in Europe. International customers of Nexi can also use omnichannel solutions in the USA, Canada and Australia via Computop Paygate. In future, Computop will also take on projects for retailers and industrial companies with a need for individual solutions for Nexi customers. In addition, these customers will also benefit from Computop's experience and network outside Europe.
Ralf Gladis, CEO and shareholder of Computop: “With Nexi we have chosen a strong shareholder that supports the further development of Computop in the best possible way. Together, we will be able to improve our high standards of first-class payment solutions and outstanding customer service not just to merchants in Germany, the entire DACH region and Europe, but to our global customer base too.”
“Computop enables Nexi to further strengthen its position in the key growth region of DACH, especially Germany, and in the dynamic e-commerce space. Computop brings unique capabilities in payments with at-scale online and omnichannel payments that can be tailored customer-by-customer for the specific needs of local merchants in Germany and Europe, whether they plan to grow their business within Europe or with locations around the world”, said Omar Haque, Head of Group E-commerce at Nexi.
Carola Wahl, Chief Regional Officer DACH and Country General Manager Germany at Nexi added: “Nexi and Computop are an excellent match. The two companies have a long history of cooperation in the DACH region and know the specifics and needs of the market very well. Our customers and partners will benefit sustainably from Computop's strong omnichannel solution and the international network of the Nexi Group. Together, we will provide added value through a full value chain of payments.”
About Nexi
Nexi is a leading PayTech in Europe and active in more than 25 countries, for over 2 million companies in brick and mortar retail, in e-commerce and in omnichannel retail the partner for intuitive, fully digitalised processes to enable a convenient customer journey up to the check-out – for large marketplace providers as well as for local merchants of small and medium-sized businesses. Having grown as an innovation network from Europe's leading national payment companies, Nexi has its local roots in Germany in the established and experienced payment service provider Concardis. Nexi develops solutions that accommodate the changing consumer behaviour in Germany: because digital processes have to be intuitive in order to create added value – this applies to consumers as well as to merchants of all sizes. As a partner of banks and financial institutions, Nexi has the needs of consumers and merchants in mind to make shopping and payment easy and thus improve sales and business processes. The listed Nexi Group is headquartered in Milan, Italy. More than 10,000 employees across Europe work to simplify the complex and country-specific payment processes: for modern, secure and frictionless digital payments in Europe.