European Investment Bank lends Nexi €220m

Editorial

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Nexi will use the EIB funds to develop and manage projects aimed at modernising digital payments in Europe, and to finance specific initiatives that tap Nexi Digital, a European innovation hub created in collaboration with Reply.

Europe’s largest paytech says the projects funded by EIB money are aligned with its ESG objectives – digital payment innovation, creating jobs for young people and in disadvantaged
areas, and enhancing environmental sustainability by optimising data centres and using the cloud.

EIB VP Gelsomina Vigliotti says: “This operation represents a major step forward in the development of Europe-wide digital payment solutions, helping to reduce the use of cash and prevent fraud and tax evasion.”