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Nexway

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Nexway
Industriee-commerce ; payment ; digital distribution
Gegründet1995
HauptsitzParis - France,
Paris
,
Frankreich
Key people
Victor Iezuitov - Chief Executive Officer ; Casey Potenzone - Chief Strategy Officer ; Frédéric Ribau - Chief Technology Officer ; Pierick Coustumer - Chief Operating Officer
Number of employees
100
Websitehttps://www.nexway.com/

Nexway is a French software and service company for ecommerce and payment. Nexway facilitates global software and service sales for businesses by linking their online stores to its e-commerce and payment platform, making it possible to reach customers in over 140 countries.

Avast, Eset, Fnac Darty, Kaspersky and Veepee are amongst Nexway's clients.[citation needed]

Headquartered in Paris (France), and with offices in Nîmes (France), Katowice (Poland), Milan (Italy), San Francisco (USA), and Tokyo (Japan), the company has 100 employees and generated sales revenues of EUR 84.3 million in 2019.[1]

History

Nexway was created in 2002 to distribute software to consumers under the name Téléchargement.fr (meaning “download” in French).  

  • In January 2009, Nexway acquires Boonty (en), and enters the market of casual video games’ distribution.[2]
  • The Company then adds new ecommerce services to its portfolio to help software companies sell online: shopping cart, payment processing, subscription management, customer care…  
  • In October 2018, Nexway SAS and its affiliates are grouped within the same holding company Nexway Group AG. [citation needed]
  • In January 2019, the German company asknet AG acquires 100% of Nexway Group AG.[3]
  • In July 2019 asknet AG renames into Nexway AG. Both companies operate under the same brand since then.[4]
  • In April 2020, asknet AG sells Nexway Group AG to the Swiss holding company BPI Bureau de Promotion Immobilière SA, which becomes the sole shareholder of the Nexway Group AG.[citation needed]
  • In April 2023, the Federal Trade Commission fined nexus $650k after accusing the company of knowingly processing credit card payments for Microsoft-themed support scammers.[5][6]

Offerings

  • Nexway Monetize: payment and ecommerce platform to manage the shopping cart, handle payment in more than 140 countries, run subscriptions, invoicing, manage local tax and compliance to local regulations globally. The SaaS platform is based on microservices and APIs and is complemented by managed services such as customer care and marketing campaign management.
  • Nexway Connect: a digital distribution network that connects software and video games publishers with popular online merchants. The Connect platform acts as a single point of channel management for software companies, and is a lever for audience monetization for merchants that can diversify their offer with a 7000+ titles catalog of ready-to-sell software and games.

References

  1. ^ "Nexway AG publishes annual financial statements for 2019 | Corporate - EQS News". www.eqs-news.com. Retrieved 2023-11-20.
  2. ^ "Cafe.com Offloads Boonty Distribution Platform To Nexway". TechCrunch. Retrieved 2020-12-10.
  3. ^ "DGAP-News: asknet AG(TM) and Nexway(TM) are becoming one leading Global Commerce-as-a-Service platform and Merchant services pr". Bloomberg.com. 2019-02-06. Retrieved 2020-12-10.
  4. ^ Pacaud, Julie (2019-09-26). "Nexway completes rebranding - Facebank AG now largest shareholder". Nexway. Retrieved 2023-11-20.
  5. ^ Karabus, Jude. "FTC orders payments firm to pay $650k over tech support scam". www.theregister.com. Retrieved 2023-05-23.
  6. ^ "nexway_order_14_april.pdf" (PDF). 2023-04-14. Retrieved 2023-05-18.