Nexi FI Nets payments hub
Europe Paytech Trending

Nets Establishes Digital Payments Innovation Hub in Finland

Payment solution provider Nets, part of European paytech Nexi Group, is set to establish ‘Nexi Digital Finland’ as a hub in Espoo to further digitise payments across Europe.

Nets’ new payments innovation hub has plans to recruit over 50 software engineers to develop digital payment products and services. It will also leverage the expertise of Nexi Group companies and the wider region. The hub claims to be the first of its kind to launch in the Nordics.

Nets explained that it has recognised that as digitalisation accelerates globally, payment technology is becoming a huge industry. Payments are becoming easier and faster regardless of whether they are made by card, mobile or even initiated via biometric identification methods such as fingerprint readers and facial recognition.

Alexandre Bove, head of digital at Nexi, explained Nets’ reasons for the move. Bove said: “Finland is one of the most digitised societies in the world, with Finnish payment technology expertise leading the way in Europe.

“We want to harness this talent for the entire Nexi Group. 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.”

‘Innovation in Finland’

Suvi Ruoppa, country general director of Finland at Nets, also discussed the launch. Ruoppa said: “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.”

Payment solution provider Nets aims to serve everyday consumers, banks and corporates alike. Similarly, paytech Nexi aims to support people and supporting businesses of all sizes, while changing the way people pay and businesses accept payments.

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

Author

Related posts

Signicat acquires Dutch Identity Specialist Connectis to create Europe’s strongest digital identity platform

Manisha Patel

Paymentology Partner Tweeq Receives Saudi E-Money Licence

The Fintech Times

Kickstarter’s Most Popular Crowdfunding Category Is Games With $1.8billion Pledged

Francis Bignell