Carve-out

Affirm acquires Ratepay

White-label payment solutions for merchants · Germany

SourcingClub was not involved in this transaction.

Affirm acquires the German fintech Ratepay from Nexi. Ratepay offers merchants in the DACH region white-label payment solutions and assumes the entire default risk for the merchant. Closing is expected in the first half of 2027, subject to regulatory approvals.

PYMNTS

How the deal fits together.

  1. NexiSeller
  2. Target: Ratepay
  3. Buyer: Affirm

Who was involved.

Buyer
Affirm
Target
Ratepay
Seller
Nexi
Type
Carve-out
Sector
Retail and consumer goods
Country
Germany
First reported
09/11/2026
Sell-side
Nomuraaccording to the source

Deal-Radar no. 46-030 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Method

November 2026 on the Deal-Radar.

14 of 109 deals so far are of the type Carve-out.

  1. Strategic48
  2. Add-on16
  3. Carve-out14
  4. Funding round14
  5. Insolvency8
  6. Buy-out4
  7. Minority stake3
  8. Merger1
  9. Secondary1

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 10 November 2026.