Nexi agreed on November 9, 2026 to sell Ratepay, the pay-by-invoice provider serving merchants in Germany, Austria and Switzerland, to Affirm. The companies did not disclose financial terms, and closing is expected in the first half of 2027, subject to regulatory approvals.
Why it matters: Affirm gains an invoice payment business in Germany, where shoppers pay after the goods arrive, and Ratepay plans to add instalment products under its new owner. Nexi keeps a commercial link through a memorandum of understanding to expand its Affirm partnership in the DACH region, and Affirm said the deal will have no material impact on its fiscal 2027 outlook.
Source: Nexi, November 9, 2026; PYMNTS, November 9, 2026; The Paypers, November 9, 2026
Related: ECB picks Nexi, Deutsche Telekom and Telefónica groups as digital euro network providers · Week ending November 8: Affirm Card passes $3 billion
Image: Carlo Dani, CC BY-SA 4.0, via Wikimedia Commons
