Nexi Digital Finland accelerates digital payments in Europe

By Gloria Methri

Nordic payments processor Nets is set to establish Nexi Digital Finland, to drive technological innovation. The new hub will recruit over 50 new software engineers to develop new digital payment products and services. A first of its kind in the Nordics, it will leverage the expertise of Nexi Group’s daughter companies and the wider region.

“Finland is one of the most digitised societies in the world, with Finnish payment technology expertise leading the way in Europe,” said Alexandre Bove, Nexi’s Head of Digital. “By investing in know-how, cloud technologies, and innovation, we can create cutting-edge technological solutions, such as advanced POS acceptance terminals, which accept all kinds of digital payments and support the evolving needs of merchants and businesses. Nexi Digital Finland will be a key part of our accelerated growth plans in Europe.”

Suvi Ruoppa, Country General Director of Finland at Nets, added, “Nexi Digital Finland is a testament to the strong expertise that we have within the payment technology space.  We have specialised experience that will allow us to continue driving forward the advancement of European payments for businesses and consumers alike. This initiative confirms the ambition of Nexi Group to boost our company presence locally and, in particular, to invest in innovation in Finland.”

“Nexi Digital Finland creates a strong innovation platform to the benefit of our customers across Europe,” said Ossi Korhonen, Director of Nexi Digital Finland. “We will double the number of our application developers in Finland and offer them the opportunity to drive world-leading payment technology forward.”

Payment solutions company Nets, part of Nexi Group had already expanded into Finland in 2012 with the acquisition of Luottokunta. The development of the company reflects the evolution of the payments industry in recent years, which is becoming more international as companies are consolidating to attain further scale.