Home / Business and Economy / TPG Offers €1 Billion for Nexi's Digital Banking Solutions
TPG Offers €1 Billion for Nexi's Digital Banking Solutions
10 Nov, 2025
Summary
- TPG submits binding offer of €1 billion for Nexi's digital banking unit
- Nexi's board to evaluate the proposal by mid-December
- Payments sector faces pressure on profit margins, Nexi's value down 75%
On November 10, 2025, it was reported that the US-based alternative asset manager TPG has submitted a binding offer of approximately €1 billion ($1.16 billion) to acquire the digital banking solutions division of Italian payments technology company Nexi.
The offer comes after several months of negotiations between the two companies. Nexi's board was notified about the proposal earlier this week, and the company has until mid-December to determine whether to proceed with the transaction.
Nexi, based in Milan and listed on Euronext Milan, has expanded through a series of acquisitions, including the 2020 purchase of Nordic payments company Nets. However, the payments sector has faced increased pressure on profit margins, with Nexi's market value declining by around 75% over the past four years.
Recently, Nexi has teamed up with Visa and Mastercard to integrate their money transfer platforms, Visa Direct and Mastercard Move, into its business services. This move aims to help Italian businesses transfer funds directly to customer payment cards, making Nexi the first provider in Italy to offer these services.
