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Nets Group

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Can a payment infrastructure operator become the financial backbone for merchants by layering embedded financing and data-driven lending on top of its existing acquiring and processing rails?

Founded1985
HQAssago (Milan), Italy (N&TS GROUP entity); Singapore (NETS Singapore entity)
IndustryInfrastructure / Payments
The story

The 'Nets Group' label encompasses at least two distinct entities: NETS Singapore (a national payment infrastructure operator owned by Singapore's major banks, founded 1985) and N&TS GROUP Networks & Transactional Systems Group S.p.A. (an Italian card management and processing company). The Nordic 'Nets' brand, historically a major payment processor across Denmark, Norway, and Sweden, was acquired by Nexi Group and continues to operate as a payments infrastructure provider. The Nordic entity has expanded beyond pure processing into embedded merchant financing via a Liberis partnership, while the Singapore entity is extending its payment-data infrastructure to enable bank-led SME lending. N&TS GROUP Italy focuses on card issuing, acquiring, and e-money processing as a B2B infrastructure provider.

Last 12 months
2022-03
2023-07
Product timeline
1985
NETS Singapore founded to establish interbank GIRO and electronic payments infrastructure for Singapore.· banking
2019
Nets (Nordic entity, part of Nexi Group) partners with Liberis to launch embedded Smart Financing for Nordic merchants.· lending
2022
NETS Singapore pilots SME loan solutions in partnership with local banks, leveraging payment data for faster approvals.· lending
2023
N&TS GROUP (Italian entity) publishes card management and e-money processing platform with in-house fraud and AI capabilities.· card
Regulated entities
2
regulatory licences held by Nets Group
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Nets Group’s embedded-finance stack
Payments / PSP
Netaxept (self-operated)NETS payment terminals (self-operated)NETS Interbank GIRO (self-operated)
Card issuing
in the full report
Lending
in the full report
Accounting gap: none
3 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.