Nexi and Orderbird Agree to a Record Breaking 130 Million Merger in Milan

Nexi and Orderbird, two of Milan’s biggest payment tech companies, have agreed to a merger worth an incredible 130 million Euros. This is the largest merger ever seen in the Italian payment tech industry and has been met with both excitement and trepidation. This article will discuss the details of the merger, its implications for the Italian economy, and what it means for the future of payment tech in Milan.

Background of Nexi and Orderbird

Nexi and Orderbird are two of the most prominent payment tech companies in Milan. Nexi is a digital payments company with strong roots in the traditional banking sector. It was founded in 2000 and has grown to become one of the largest payment tech companies in Milan. Orderbird on the other hand, is a more modern payment tech company that specializes in mobile payments. Founded in 2014, it has quickly become one of the most innovative companies in the industry.

Details of the Merger

The two companies have agreed to a 130 million Euro merger, which is the largest ever seen in the Italian payment tech industry. This is a major milestone for both companies and has been welcomed by investors and analysts alike. The merger will create a new company that will be able to leverage the strengths of both Nexi and Orderbird.

Impact on the Italian Economy

The merger has the potential to be a major boon for the Italian economy. By creating a new player in the payment tech industry, it will create jobs and increase competition. This could lead to lower prices for consumers and more investment in the sector from international investors.

Future of Payment Tech in Milan

The merger between Nexi and Orderbird is a major step forward for the payment tech industry in Milan. It will create a new powerhouse in the industry and could spark a new wave of innovation and investment. This could lead to more jobs and economic growth for Milan, and the entire Italian economy.

Conclusion

The merger between Nexi and Orderbird is a major milestone for the payment tech industry in Milan. The 130 million Euro deal is the largest ever seen in the Italian payment tech industry and has the potential to be a major boon for the Italian economy. The new company created by the merger will be well positioned to take advantage of the opportunities in the sector and could help to spur innovation and job growth.