Nexi Enters Strategic Partnership with Computop

Europe’s paytech leader Nexi Group acquired a 30% stake in Germany-based payment service provider Computop Paygate GmbH, with retroactive effect from 1 January 2023.

“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”, said Omar Haque, Head of Group E-commerce at Nexi.

Carola Wahl, Chief Regional Officer DACH and Country General Manager Germany at Nexi added: “Nexi and Computop are an excellent match. The two companies have a long history of cooperation in the DACH region and know the specifics and needs of the market very well. Our customers and partners will benefit sustainably from Computop’s strong omnichannel solution and the international network of the Nexi Group. Together, we will provide added value through a full value chain of payments.”

The entry of Nexi as a shareholder will support Computop to continue to fund the expansion of its omnichannel point-of-sale options. In addition, deeper investment in marketplaces, B2B payments and e-commerce capabilities is enabled. This will allow the company to address new segments and extend Nexi’s comprehensive omnichannel solutions for merchant customers. Computop will connect and collaborate with other companies in the Nexi network. Computop’s acquirer-agnostic approach with interfaces to more than 50 international acquiring companies will be maintained, with customers continue to be free in their choice of acquirers.

Ralf Gladis, CEO and shareholder of Computop: “With Nexi we have chosen a strong shareholder that supports the further development of Computop in the best possible way. Together, we will be able to further improve our high standards of first-class payment solutions and outstanding customer service not just to merchants in Germany the entire DACH region and Europe, but to our global customer base too.”

The sole shareholders in the company to date have been the two founders Frank Arnoldt and Ralf Gladis at 50% each. The parties have agreed not to disclose the purchase price. The locations, the board of directors and the leadership structure of Computop will remain unchanged. A new Advisory Board has been created with Ralf Gladis, Frank Arnoldt and Omar Haque as chairman. Nexi will have two additional non-voting members with Carola Wahl and Vishal Oberoi, Group Head of Compliance at Nexi.