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Nexi SpA

NEXI: XMIL (ITA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
€46.70NqqjbybTklzspp

Nexi, a European Payment Force To Be Reckoned With

Business Strategy and Outlook

Nexi is shaping itself to become a European payment force to be reckoned with. The group offers merchant acquiring, card issuing, and ATM management services to its clients, with strong integration into the Italian banking system. Through the combination and shedding of various payment assets, Nexi has created a compelling suite of horizontally integrated offerings, which are supported by durable and structural growth drivers. The group is a geographical pure-play, which is uncommon in a scale-dominated industry such as payment services.

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