- Enhancing Nexi's presence in the crucial growth region of DACH and the rapidly expanding e-commerce sector
- Customers benefit from the joint development of a leading Omni-Channel innovation roadmap, as well as investments in product development and regional expansion.
Eschborn, August 1, 2023. The Nexi Group, one of Europe's leading Paytech providers, has acquired a 30 percent stake in the German Payment Service Provider Computop Paygate GmbH, retroactively effective from January 1, 2023.
"Computop enables Nexi to further enhance its position in the growth market of the DACH region, particularly in Germany and the dynamic e-commerce sector. Computop brings unique capabilities in online and omnichannel payment processing, which can be tailored to meet the specific needs of local merchants in Germany and Europe. This allows us to facilitate growth for our merchants in Europe and worldwide," says Omar Haque, Head of Group E-Commerce at Nexi.
The entire value chain of payment transactions
Carola Wahl, Chief Regional Officer DACH and Country General Manager Germany at Nexi, adds: "Nexi and Computop are an excellent fit. In the DACH region, both companies have a longstanding collaboration and have an in-depth understanding of the market's needs and intricacies. Our customers and partners will benefit sustainably from Computop's robust omnichannel offering as well as Nexi Group's international network. Together, we create value through a complete value chain in payment transactions."
Nexi's entry as a shareholder supports Computop in financing the expansion of its point-of-sale options in omnichannel commerce and enables deep investment in marketplaces, B2B payments, and e-commerce capabilities. This lays the foundation for increasing market share across additional sectors, facilitated by connecting Computop with other companies in the Nexi network. Computop's acquirer-agnostic approach, with interfaces to over 50 international acquiring companies, will be maintained, allowing customers to continue freely choosing which acquirers they wish to work with.
Ralf Gladis, CEO and shareholder of Computop, stated: "By partnering with Nexi, we have chosen a strong shareholder whose international focus perfectly supports Computop's further development. Together, we will expertly deliver local omnichannel services in numerous European countries, as well as marketplace concepts and B2B and B2C payment processing for international corporations.''
The company's previous sole shareholders were the two founders, Frank Arnoldt and Ralf Gladis, each owning 50 percent of the shares. The locations, management, and leadership structure of Computop remain unchanged. A new advisory board has been established with Ralf Gladis, Frank Arnoldt, and Omar Haque as Chairman. Nexi will appoint two additional non-voting members to the board: Carola Wahl and Vishal Oberoi, Group Head of Compliance at Nexi. The parties have agreed not to disclose the purchase price.
About Computop – The Payment People
As a pioneer Payment Service Provider (PSP), Computop offers its customers worldwide local and innovative omnichannel solutions for payment processing and fraud prevention. The in-house developed payment platform, Computop Paygate, enables seamlessly integrated payment processes in e-commerce and at the point of sale (POS). Merchants, service providers, and industrial companies can freely choose from 350 local and international payment methods for all countries worldwide. Technologies such as biometric authentication and self-learning algorithms enhance security and convenience for both merchants and end consumers.
Computop, a global player headquartered in Germany with offices in China, the UK and the USA, has been supporting numerous international companies from the services, retail, mobility, gaming and travel sectors for over 25 years. These include global brands such as C&A, Fossil, the entire Otto Group, Sixt, Swarovski and Wargaming. Computop, which has been ISO 27001-certified since 2021, also provides its payment system to banks and financial service providers as a white label solution. In total, the certified carbon-neutral company processes transactions worth 30 billion US dollars in 127 currencies every year. With its customized and secure solutions, Computop is playing a key role in shaping the future of international payments.