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Nexi Group raised €220 million in debt financing from the European Investment Bank to support innovation in the digital payments sector.

Sep 27, 2024about 1 year ago

Amount Raised

€220 Million

MilanPaymentsLendingFintechFinanceFinancial Services

Investors

European Investment Bank

Description

Nexi Group has secured €220 million in financing from the European Investment Bank, marking the first loan awarded to a publicly listed company in the digital payments sector. The funding will be used to develop and manage projects aimed at modernising digital payments in Europe.

Company Information

Company

Nexi Group

Location

Milan, Lombardy, Italy

About

Nexi Group is an Italian paytech company focused on innovation in the digital payments sector. It provides a range of solutions aimed at modernizing digital transactions across Europe. Nexi Group was the first publicly listed company in the digital payments space to receive financing from the European Investment Bank. The company is committed to supporting advancements in payment technologies.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech