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Announced

Completed

A consortium of investors led a €26m Series A round in Fintecture.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

Minority

Friendly

Private

France

FinTech

FinTech services

Domestic

Private Equity

Venture Capital

Acquisition

Completed

Synopsis

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A consortium of investors including Eurazeo, RTP Global, HEC Ventures, Allianz Trade and Target Global, Samaipata and Société Générale led a €26m Series A round in Fintecture, a fintech company. “B2B payments had been sidelined due to their high complexity, leading to a dominance of paper-based and time-consuming solutions. To help merchants fully digitize their B2B payments, we had to start from scratch and create new methods from first principles. The journey is very difficult, but totally rewarding as we have seen our merchants save considerable time and costs, and increase their sales by using our B2B transaction platform," Faysal Oudmine, Fintecture CEO.

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