Italy’s State-Backed Block on Nexi’s Takeover
Hey FinTech Fanatic!
This story is a reminder that payment networks can be treated as quasi-public infrastructure when governments view them as strategically sensitive.
Italy’s state-backed lender Cassa Depositi e Prestiti is set to raise its stake in Nexi, the Milan-based payments company, to just under 30%, effectively blocking a takeover by private equity group CVC.
Beyond the M&A angle, the bigger question is who controls the rails.
CDP is positioning Nexi as a digital-money infrastructure platform for Europe, backing an “industrial evolution” and the idea of a European champion.
That suggests Italy wants to keep control of a core layer in the payments stack even as the sector consolidates around scale, data, and transaction economics.
Keep scrolling for more FinTech news from around the world. 👇 See you tomorrow!
Cheers,
#FINTECHREPORT
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DIGITAL BANKING NEWS
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BLOCKCHAIN/CRYPTO NEWS
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M&A
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MOVERS AND SHAKERS
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