Intelligent Fin.tech Issue 29 | Page 7

NEWS
NEWS
Nexi and Klarna partner to boost merchant growth

Nexi , the European PayTech , serving millions of merchants in more than 25 countries , and Klarna , the AI-powered payments and commerce network , have expanded their relationship into a global partnership .

Nexi will enable its merchant customers across Europe to seamlessly offer Klarna ’ s payment method to their shoppers . Klarna will be automatically enabled as a default option in the Nexi check-out offering , allowing merchants to drive incremental revenue growth thanks to the added-value and flexibility that Klarna brings to shoppers . Since the pilot launch in the Nordics , merchant customers of Nexi have on average seen their conversion rates grow . The partnership extends this successful launch to Nexi ’ s European merchant base including in growth markets such as Poland and Italy .
Roberto Catanzaro , Head of Merchant Services in Nexi Group , said : “ We facilitate fast checkout solutions online , offering all the payment methods that are in demand by local consumers . Klarna offers our merchant customers and their shoppers more choice and added convenience , boosting the conversion rates for merchants and consequently their revenue growth .”
Revolut offers services for Ukrainian residents , announces new donation campaign and special edition Clear Sky card

Revolut , the global financial app with more than 50 million customers worldwide , has announced the expansion of its services to Ukrainians along with a new international donation campaign for Ukraine which features a special edition Clear Sky card .

Ukrainian residents will be able to seamlessly open a European Revolut account and experience an array of innovative products like sending instant , fee-free P2P transfers to each other . Revolut ’ s account will offer Ukrainian customers foreign exchange and remittance capabilities in 30 + currencies , including competitive exchange rates when spending with card or sending money abroad and borderless money transfers worldwide , free between Revolut customers .
This means that Ukrainian residents can now send and receive money from their friends and family abroad without worrying about expensive transfer fees . Ukrainian customers will also be able to order virtual and physical debit cards . To ensure a secure onboarding process for Ukrainian users , Revolut has partnered with Diia , Ukraine ’ s award-winning e-government platform .
Vlad Yatsenko , Co-founder and CTO of Revolut , said : “ I am immensely proud of Revolut ’ s continuous support for Ukraine . A record number of Ukrainians have joined our waiting list to be among the first to get their Revolut account . Interest in Revolut and digital banking services is soaring in the CEE region .” www . intelligentfin . tech
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