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LTIMindtree bags contract extension from Europe-based Nexi group

LTIMindtree on Tuesday said it bagged a contract extension with Nexi Group, a leading European PayTech provider

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LTIMindtree bags contract extension from Europe-based Nexi group
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19 Nov 2024 7:29 PM IST

Bengaluru, 19 November: LTIMindtree on Tuesday said it bagged a contract extension with Nexi Group, a leading European PayTech provider.

Under this collaboration, Nexi’s technology landscape across its core acquiring, issuing, and e-commerce platforms will be further enhanced, the company said in a press release.

The company, however, didn’t disclose the financial details of the deal.

As a part of this partnership, LTIMindtree will optimize Nexi's core platforms, ensuring enhanced performance, innovation, and scalability. LTIMindtree will also manage Nexi's hybrid infrastructure, enabling a seamless integration of on-premise and cloud-based solutions.

“We are excited to embark on this transformative journey with LTIMindtree. Their proven expertise and global reach will help us enhance the resilience and flexibility of our platforms, supporting Nexi’s mission to offer secure, innovative, and frictionless payment solutions for businesses and consumers across Europe”, said Giuseppe Dallona, CIO of Nexi Group.

Sudhir Chaturvedi, President & Executive Board Member, LTIMindtree, said, “This partnership underscores our commitment to empower leading enterprises with advanced technology innovation. By leveraging our deep domain expertise and global delivery capabilities, we are confident in driving Nexi’s growth and success in the highly competitive digital payments industry.”

More than 800 highly skilled associates from LTIMindtree will service Nexi from nine global delivery centers, providing round-the-clock support and driving Nexi’s technological advancements. These global centers will ensure agility and operational excellence, while also enabling a localized approach in key markets, the release added.

LTIMindtree PayTech Nexi technology 
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