Affirm has agreed to acquire Ratepay, the German pay-by-invoice provider, from Nexi Group. Financial terms were not disclosed.
Ratepay serves merchants in Germany, Austria and Switzerland. The two companies also signed a memorandum of understanding to extend their existing partnership in the DACH region and to jointly identify new business opportunities.
Under Affirm's ownership, Ratepay plans to add instalment payments and build a full buy-now-pay-later portfolio on top of its invoice offering, known in Germany as Rechnungskauf. Nexi will provide transitional support, with closing expected in the first half of 2027, subject to regulatory approvals.
Nexi Group CEO Bernardo Mingrone said Ratepay and Affirm are a strong commercial fit, and that the change of ownership will better position Ratepay to develop its BNPL offering. For Nexi, the sale is part of a strategy focused on core activities and portfolio optimization.