Nexi's New Partnerships & Tech Challenges

Nexi, a leading payments company, is exploring new partnerships with Sabadell, a Spanish bank, following a failed acquisition attempt by BBVA. CEO Paolo Bertoluzzo highlights the need for flexible terms and business models in the rapidly evolving payments industry. Despite a slight dip in adjusted core profit margin, Nexi anticipates full-year profit margin expansion, with the fourth quarter's performance determining the exact amount. Revenues grew by 1.8% to €927.3 million, influenced by bank mergers and contract renegotiations. Nexi will host its capital markets day on March 5, 2026, to discuss future strategy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.