“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?”
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.