NextGen Payments

Company Overview and History

NextGen Payment (also trading as NextGen Payment Solutions) was founded by Roberto Saporito, who previously served as Global Head of HBR & Gambling at Worldline, a major European payments processor. The company is headquartered in Brussels, Belgium, and operates as a privately held business with a small team of 2–10 employees. Although the exact founding year is not publicly disclosed, the company has been active in the high-risk payments space since at least the early 2020s, with its founder bringing decades of experience from Worldline.

Business Model

NextGen Payment acts as an Independent Sales Organization (ISO) and consulting management company. It does not operate its own proprietary payment processing platform; instead, it connects merchants with a network of payment service providers (PSPs) and acquirers that are willing to work with high-risk verticals. The company earns revenue through setup fees, ongoing commissions on transaction volumes, and consulting retainers. Its value proposition lies in its ability to navigate the challenging regulatory and risk landscape of industries that traditional acquirers often avoid or surcharge heavily.

Products and Services

The firm’s core offering is the provision of high-risk merchant accounts (MIDs) along with PSP gateway integration. It also provides fraud and chargeback prevention tools, including real-time risk scoring and dispute management. Additionally, NextGen Payment offers cryptocurrency payment solutions for merchants wanting to accept digital currencies, and IBAN/company incorporation services to help clients establish compliant legal entities in favorable jurisdictions. Consulting services round out the portfolio, covering payment optimization, risk management, and regulatory navigation. All products are B2B, with no consumer-facing platform.

Market Position and Competitors

NextGen Payment differentiates itself through its founder’s niche expertise and strong relationships within the high-risk payments ecosystem. The company competes with other ISOs and high-risk payment facilitators such as PaymentCloud, Durango Merchant Services, and Corepay. However, NextGen Payment’s focus on European and global markets, particularly iGaming and adult sectors, gives it a specialized edge. The small team size may limit scalability, but the firm emphasizes personalized service and deep industry knowledge over volume.

Regulatory and Challenges

Operating in high-risk verticals exposes NextGen Payment to significant regulatory risks, including anti-money laundering (AML) compliance, know-your-customer (KYC) requirements, and evolving data privacy laws like GDPR. The company’s merchant clients must also navigate the legal complexities of online gambling and adult content laws across jurisdictions. NextGen Payment’s consulting services aim to mitigate these risks, but the inherently volatile nature of high-risk processing creates constant challenges regarding chargeback ratios, acquirer relationships, and potential reputational damage.

Recent Developments and Outlook

As of 2024–2025, NextGen Payment has been increasing its presence at industry conferences such as the NextGen Payments & RegTech events in Austin and the 15th NPF USA. However, no major partnerships, funding rounds, or product launches have been publicly announced. The company appears to be focused on organic growth and maintaining its niche position. With the continued expansion of online gambling and crypto adoption, NextGen Payment is well-placed to serve merchants needing specialized payment solutions, though its small team and lack of proprietary technology may present long-term scaling hurdles.