Milan's Nexi Group continues to make waves in the tech world, embarking on another strategic move. This time, Nexi has acquired a significant 30% stake in Computop, the German multichannel payment processing firm. Although the purchase price remains undisclosed, the infusion of funds is poised to catalyze Computop's growth, particularly in point-of-sale and e-commerce across regions covered by Nexi.
The partnership goes beyond financial backing, as Nexi gains access to Computop's cutting-edge technology, providing seamless omnichannel transactions to its customer base. While Computop Paygate services are already integrated with Nexi's systems, this acquisition streamlines and enhances payment processing and acquisition, presenting a unified and efficient solution for both companies' clients.
Additionally, this collaboration opens up opportunities for retailers and industrial companies under Nexi's umbrella. Computop will spearhead personalized projects tailored to Nexi's customer base, with the added advantage of tapping into Computop's expertise and network outside of Europe.
Omar Haque, Head of Group E-commerce at Nexi, highlights the strategic significance of this move: "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."
With this transformative alliance, Nexi Group sets its sights on fostering a thriving e-commerce ecosystem, unlocking new opportunities for growth and innovation across the European tech landscape.