Nexi has entered into an agreement with IN Groupe, a specialist in identity and secure digital services, who will take over the ownership of the eID business.
„The strategic ambition of Nexi is to further strengthen the position as the leading PayTech in Europe and in the context of the portfolio rationalisation and simplification process announced at the Capital Markets Day in September 2022 the divestment is in line with the strategic direction presented.” the company says.
“Nexi has, via its ownership of Nets, managed to develop an industry-leading identity and trust solutions in Denmark which has contributed to making Nordic societies the most digitised in the world. As a provider of a trusted digital infrastructures, we understand how critical it is to deliver stable, resilient, and secure services. Combining Nexi’s eID capabilities with our own will enhance our ability to support our customers throughout Europe as they have to embrace new regulations rapidly coming into play such as eIDASv2 and NIS2.” says Didier Trutt, CEO and Chairman, from IN Groupe.
“We want to expand digital payments in Europe and broaden our presence as provider of digital payment solutions. As this requires that we focus our investments within the payments space we have reviewed the possibilities to divest our eID business. Our main objective was to find a future owner that will maintain and develop our eID solutions to the same high standards we have applied. In IN Groupe, we could not have found a better home for our eID business, and our customers and citizens can expect a provider of critical digital infrastructure who – better than us – can continue to develop the solutions to the benefit of its clients,” says Torsten Hagen Jørgensen, Global Head of Issuing Solutions in Nexi.
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IN Groupe is a global leader and specialist in identity and trust solutions providing comprehensive solutions that address a broad variety of digital identity challenges and enabling both corporates and consumers/citizens to benefit from the digital transformation in a simple and secure manner.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
