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Nets

Can a Nordic payments infrastructure company expand from acquiring and gateway services into an embedded finance platform for SMB merchants across the Nordics and Europe?

Founded1968
HQCopenhagen, Denmark
IndustryFintech / Payments
The story

Nets began as a Nordic payments infrastructure provider serving banks and merchants. Over time it evolved into a full-stack payment solutions company operating Netaxept, its e-commerce payment gateway. In 2019 it launched embedded merchant financing via Liberis, moving beyond pure payment processing into value-added financial services. The potential merger with Nexi signals a broader European consolidation play, positioning the combined entity as a pan-European payments champion.

Last 12 months
Product timeline
1968
Nets founded in Denmark as a payment infrastructure company serving Nordic banks and merchants.· banking
2019
Nets partnered with Liberis to launch an embedded merchant financing product powered by revenue-based financing for Nordic SMB customers.· lending
2020
Nets announced a potential merger agreement with Nexi, the Italian payments group, marking a major consolidation move in European payments.· acquisition
The stack
Payments / PSP
Netaxept (self-operated)
Lending
LiberisSmart Financing
Accounting gap: none