Affirm agreed to buy Ratepay, a Berlin company that lets shoppers in Germany, Austria and Switzerland pay online purchases by invoice, from Italian payments company Nexi for undisclosed terms. Paying by invoice is popular with shoppers in the region, and Ratepay plans to add Affirm’s longer-term installment loans so merchants get a full set of BNPL options from one provider. Nexi is selling Ratepay to focus on its core business and cut debt, and Nexi and Affirm also signed a preliminary agreement to expand their existing partnership in the region. The deal is expected to close in the first half of 2027 pending regulatory approval, and Affirm said it won’t materially affect its results or fiscal 2027 outlook.
