Nexi divests Ratepay and plans strategic BNPL partnership with Affirm

Ratepay, the expert for Pay by Invoice (Rechnungskauf), aims to offer a comprehensive BNPL portfolio going forward under its new owner Affirm.

Milan, 9 November 2026

Nexi, the European digital payments infrastructure, announces that Affirm will become the new owner of its group company Ratepay. Affirm is a US-based payment network that empowers consumers and enables businesses to drive growth. Ratepay is a German-based fintech and payment provider serving merchants in Germany, Austria and Switzerland.

As part of the transaction, Nexi and Affirm signed a memorandum of understanding to expand their existing partnership in the DACH region and jointly identify new business opportunities.

“The divestment is in line with our strategy focused on core activities and an optimised portfolio to generate greater value for all our stakeholders. Ratepay and Affirm are a strong commercial fit. The new ownership will better enable Ratepay to strengthen its BNPL offering to the benefit of its customers and us as a partner,” says Bernardo Mingrone, CEO of Nexi Group.

“We are thrilled to join Affirm. This will allow us to combine our local market expertise in Germany, Austria and Switzerland with Affirm’s global reach, technology and expertise in credit and risk assessment. This lays the foundation for us to do even more for our partners, merchants and their customers in the future. The opportunity to expand our product portfolio into a complete BNPL offering, including instalment payments, opens up an exciting prospect for us,” says Sabrina Flunkert, CEO of Ratepay.

“Pay by invoice is popular for a simple reason: shoppers know exactly what they owe and when. Affirm was built on that same commitment to transparency. Together with Ratepay’s team, our focus is on earning the trust of even more merchants and their customers,” says Pat Suh, SVP and Managing Director, Global Markets at Affirm.

Upon closing of the transaction, Nexi will provide transitional support to Ratepay and Affirm, including specialist on-the-ground support and technology expertise. Closing is subject to customary regulatory approvals, which are expected in the first half of 2027.

About Ratepay

Ratepay is a German Buy Now Pay Later (“BNPL”) payment provider. Specialising in Pay by Invoice and direct debit, Ratepay enables e-commerce merchants and their customers to enjoy a seamless and secure purchasing process.

Ratepay GmbH was founded in Berlin in December 2009. It is part of the Nexi Group.

Nexi / Ratepay press contact

Christian Drixler
christian.drixler@nexigroup.com
Mobile: +49 170 310 8978