CHAPTERS Group to acquire a 61.8 % stake in Fintiba and Expatrio.

CHAPTERS Group, a holding company investing in attractive small and medium-sized enterprises, agreed to acquire a 61.8 % stake in Fintiba, a specialised Fintech-Hybrid, and Expatrio, a fintech company. Financial terms were not disclosed. “Germany has now become the most popular non-English-speaking host country for international students worldwide, to which these three companies have made a decisive contribution with their reliable and user-friendly financial solutions. With our planned expanded offering, we are strengthening our position and making it even easier for international talent to access the German education and job market. This, in turn, helps the German economy tackle skills shortages. At the same time, the small-ticket export financing solutions from FIB are strengthening German exports. Therefore, we are supporting the country in overcoming two of its most pressing challenges,” Bastian Krieghoff, Fintiba CEO and founder.