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Italy's Cassa Depositi Plans to Raise Nexi Stake

Italy's Cassa Depositi Plans to Raise Nexi Stake Up to 29. 9% The Italian government's state lender, Cassa Depositi e Prestiti SpA (CDP), has been quietly building its stake in digital payment company Nexi SpA.

CDP plans to increase its stake in Nexi to as much as 29. 9%, backing the company's long term strategy and providing a vote of confidence in its vision and capabilities.

This development is significant because it underscores the Italian government's growing interest in supporting domestic fintech players.

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