The Nasdaq and São Paolo IPO of merchant acquirer Getnet Brasil this October is another sign of PagoNxt’s growing importance at Banco Santander. While Santander Brasil previously housed Getnet home-market operations, the $1.3 billion listing serves to shift majority ownership to the new global payments platform. In doing so, it brings PagoNxt closer to a potential IPO of its own.
Speaking with Euromoney, PagoNxt chief executive Javier San Félix describes a very different approach to that of banks taking advantage of hot payments valuations and selling out to capital-rich specialists.
Thanks for your interest in Euromoney!
To unlock this article:
