Made O'Meter
Discover where a brand or product originates
Nets is a leading provider of digital payment services and financial software solutions in Northern Europe. The brand's history is deeply rooted in the Nordic financial sector, having evolved from the merger of various national payment systems. In Denmark, it was originally established as PBS (Pengeinstitutternes BetalingsService) in 1968, a cooperative formed by Danish banks to manage payment infrastructure such as the Dankort. Similar mergers occurred with Norwegian entities like BBS and Teller.
Today, Nets operates as a major European payments provider, offering solutions for merchants, financial institutions, and corporate entities. These services include point-of-sale terminal software, online payment gateways, and clearing services. Following a period of private equity ownership by firms like Advent International and Bain Capital, Nets was acquired by and merged into the Italian-based Nexi Group in 2021. This merger created one of the largest payment platforms in Europe, combining Nets' strong Nordic and Baltic presence with Nexi's Southern European reach. The brand continues to operate as an integral part of the Nexi Group's international portfolio.
Report a bug/Feedback
disclaimer
poweredBy