Nexi S.p.A. (NEXXY)
Nexi S.p.A. operates in the Software - Infrastructure industry of the Technology sector, headquartered in Milan, MI, IT. The stock last traded at $4.78, down 2.45% on the session, giving a market capitalisation of $5.62B. On trailing twelve-month figures it carries a trailing P/E of -1.54, a net margin of -52.9%. Its beta of 1.19 implies it has historically moved more than the broad market.
Nexi S.p.A., an Italian company established in Milan in 1939, specializes in providing electronic money and payment services. It serves a broad array of clients within Italy, including banks, financial and insurance institutions, merchants, businesses, and public administration. The company's offerings include comprehensive merchant acquiring services, which cover the configuration, activation, and ongoing maintenance of point-of-sale (POS) terminals, alongside robust fraud prevention, efficient dispute resolution, and dedicated customer support. Nexi also delivers a full spectrum of issuing services, managing the provision of both private and corporate payment cards, overseeing ATM installation and maintenance, and facilitating essential clearing processes. Its digital banking solutions enable seamless current account management and payments. Additionally, Nexi offers various software applications for tasks like invoice processing and storage, prepaid card reloads, and handling bill and postal payments. In a strategic expansion, Nexi S.p.A. has formed an agreement with Intesa Sanpaolo S.p.A. to acquire PBZ Card's merchant business operations in the Croatian market.
Nexi S.p.A. is most often compared with the following Technology names: