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Announced

Andromeda Capital Partners Suisse to acquire an additional 41% stake in Change Group.

Synopsis

Andromeda Capital Partners Suisse, a private equity firm, agreed to acquire an additional 41% stake in Change Group, a financial technology company. Financial terms were not disclosed. The acquisition of Change by Andromeda Capital Partners Suisse is a significant development in the European fintech space. It is a sign that the industry is maturing and that there is a growing demand for mobile-first, multi-asset platforms.

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