Germany · Payments & e-money
Ratepay GmbH
Ratepay GmbH is a limited liability company based in Berlin. The Federal Financial Supervisory Authority (BaFin) supervises and authorises it as a payment institution under the German Payment Services Supervision Act (ZAG). It belongs to the Nexi Group through its direct parent Nexi Germany Holding GmbH, and Nexi S.p.A. is the ultimate parent. It provides white-label buy-now-pay-later payment methods to online merchants and marketplaces. These are purchase on invoice, SEPA direct debit, instalments and prepayment, and merchants assign the purchase receivables to Ratepay.
Licences and registrations
Held by Ratepay GmbH (LEI 391200BLKAV4L1WNUI77). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterFederal Financial Supervisory Authority | Payment institutionPayment Institution | 136305 | Germany | Active | 2018-06-20 | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
Nexi Germany Holding GmbH
Firm type
Lending or buy now, pay later
Trades as Ratepay
- Ownership
- Nexi S.p.A. controls the firm through Nexi Germany Holding GmbH, its direct parent according to the firm's LEI record.
- Direct parent
- Nexi Germany Holding GmbH ↗, Germany
- Ultimate owner
- Nexi S.p.A., Italy
- Head office
- Ritterstr. 12-14, 10969 Berlin, Germany
- Company register
- Amtsgericht Charlottenburg (Berlin) HRB 124156 B
- Founders
- Miriam Wohlfarth · Alexis Giesen · Michael Röbbecke
Online
- Websites & references
- ratepay.com ↗
docs.ratepay.com ↗ developer documentation
career.ratepay.com ↗ careers site
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Instagram ↗ · Xing ↗
Sources · 10 pages consulted
- ratepay.com/impressum
- ratepay.com/legal-payment-partners
- ratepay.com/legal-payment-terms
- ratepay.com/ueber-uns
- ratepay.com/legal
- bafin.de/SharedDocs/Veroeffentlichungen/DE/Massnahmen/60b_KWG_84_WpIG_und_57_GwG/meldung_2025_03_0
- bundesjustizamt.de/DE/Themen/Verbraucherrechte/VerbandsklageregisterMusterfeststellungsklagenregister/Verban
- ratepay.com/en/press-release/ratepay-unicredit-securitization/
- boersen-zeitung.de/banken-finanzen/ratepay-verbleibt-im-ueppigen-deutschland-portfolio-von-nexi
- de.wikipedia.org/wiki/Ratepay
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
BaFin authorises the firm as a payment institution under the German Payment Services Supervision Act (ZAG). The EBA register lists money remittance and card acquiring among its authorised services.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Federal Financial Supervisory Authority (BaFin) Germany | Payment institution (Zahlungsinstitut) under the ZAG | 136305 | In its own name | Active | ratepay.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Not disclosedThe firm does not state on its website how it safeguards payment funds.
- Acquirer / processor
- Hanseatic Bank GmbH & Co KG Germany
- Payment schemes and card networks
- SEPA Direct Debit Access not stated ratepay.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers merchants purchase on invoice, SEPA direct debit, pay-in-3 instalments, prepayment and a hosted payment page, all under the merchant's own brand.
According to its website, it serves online merchants in Germany, Austria, Switzerland and the Netherlands.
- Sells to
- Enterprises · Platforms and marketplaces
- Serves customers in 4 countries
- Germany · Austria · Switzerland · Netherlands
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Sabrina Flunkert-Glinzer CEO and Managing Director (Geschäftsführerin)
- Compliance / MLRO
- Denny Axt Managing Director (Geschäftsführer Marktfolge), responsible for compliance, anti-money laundering and risk management
- Executive
- Sidharth Chugh CTO and Managing Director (Geschäftsführer)
- Executive
- Carlos Sanchez Chief Product Officer
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Other
In a consumer association lawsuit, the Kammergericht barred the firm from charging German consumers flat reminder fees without agreement, and the ruling became final.
bundesjustizamt.de ↗ -
Other
The firm and UniCredit closed a EUR 125 million securitisation of German and Austrian buy-now-pay-later receivables.
ratepay.com ↗ -
Enforcement
BaFin fined the firm EUR 25,000 because it lacked adequate data-processing systems to ensure compliance with the Money Laundering Act.
bafin.de ↗ -
Leadership
The firm appointed CFO Sabrina Flunkert as CEO in succession to Nina Pütz, and Nexi dropped its plans to sell the firm.
boersen-zeitung.de ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · EBA-PSD2
- 136305
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- 05d9d495aa53
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Money remittance
- Payment services
- Card acquiring
- Licensed in
- Germany · Europe & Central Asia
- First registered
- 2018-06-20
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Nexi Germany Holding GmbH · Germany391200NFLZ9YIHHRUL82 ↗
- Ultimate parent
- Nexi SPA · Italy5493000P70CQRQG8SN85 ↗
The Nexi SPA group has 9 institutions in the directory, in 6 countries: 2 hold a BIC and 7 do not.
Including Paytrail Oyj, NETS Denmark A/S, Nexi Croatia d.o.o., Nexi Germany GmbH, Nexi Payments S.P.A..
See the Nexi SPA group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Ritterstraße 12 - 14 | 10969 Berlin, Berlin, 10969
- Country
- Germany
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in one address line
<FinInstnId>
<LEI>391200BLKAV4L1WNUI77</LEI>
<Nm>Ratepay GmbH</Nm>
<PstlAdr>
<PstCd>10969</PstCd>
<TwnNm>Berlin</TwnNm>
<Ctry>DE</Ctry>
<AdrLine>Ritterstraße 12 - 14 | 10969 Berlin</AdrLine>
</PstlAdr>
</FinInstnId>- The address line repeats the town or postcode. Remove the repeat if your payment system rejects it.
- CBPR+ does not accept the character ß in names and addresses. Transliterate before sending.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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