Italian payments giantxi NEXI is open to different partnership models, it said on Wednesday as leading banks UniCredit and Banco BPM review options for their payments business.
Nexi CEO Paolo Bertoluzzo made the comments as the group confirmed 2023 guidance after reporting first-quarter profit in line with forecasts, though revenue exceeded expectations.
Banco BPM is working to select a partner by the end of June for its retailers' and payment card business, which it has valued at 2 billion euros ($2.2 billion) taking into account future fees.
Sources have said that Nexi is in the running, though Nexi traditionally acquires full ownership of banks' merchants payment businesses, sometimes over years, as with its recent deal with Spain's Sabadell.
