Multitude | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Multitude is an international provider of digital financial services with operations in nearly 20 countries. It is a fully regulated...
Multitude is an international provider of digital financial services with operations in nearly 20 countries. It is a fully regulated growth platform for financial technology, aiming to become the most valued financial ecosystem. The company has a solid track record in building and scaling financial technology over the past two decades.
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🛍️ Multitude Product and Pricing News →
👔 Multitude CEO, Management and Leadership Team →
⚔️ Multitude Alternatives and Competitors →
💼 Multitude Hiring and Layoffs →
🤖 Multitude Developer, Integration and Automation News →
📈 Multitude Financials, Fundraising and Valuation News →
🛍️ Multitude Product and Pricing News
- On January 3, 2025, Multitude changed its company name to Multitude Services GmbH.
- Multitude's SweepBank now offers a fully digital app combining financing and shopping with features like virtual credit cards, competitive interest rates, and loyalty cashback.
- Multitude Bank received regulatory approval from the Malta Financial Services Authority for Isaac Degaetano's appointment as Money Laundering Reporting Officer, effective October 21, 2024.
- Alain Nydegger, CEO of Wholesale Banking - Secured Debt Solutions, presented Multitude's new Wholesale Banking business unit at the 12th Specialty Finance Investor RS on November 29.
- Multitude is conducting its first Investor Roadshow since the pandemic, starting in Zurich on November 15, with top leaders including CEO Jokela Jorma, Multitude Bank CEO Antti Kumpulainen, and CFO Bernd Egger.
- Lasse Mäkelä, Chief Strategic Officer at Multitude, discussed the company's strong financial results and dividends at the European MidCap Event in Paris.
- Multitude will present at the Twelfth Specialty Finance Investor Roadshow.
- On January 6, 2025, Multitude issued a correction to a previous release regarding voting rights announcements as per Article 40, Section 1 of the German Securities Trading Act.
👔 Multitude CEO, Management and Leadership Team
⚔️ Multitude Alternatives and Competitors
- multitudebank.com |
- ferratumbank.com |
- procredit-holding.com |
- vonovia.com |
- Fellow Pankki Oyj |
- Fellow Bank Plc |
- Nefco - the Nordic Green Bank |
- Svea Finland |
- 4finance |
- Bondora |
- Oakbrook Finance |
- Ovamba Cameroon Solutions |
- Mambu |
- Ibancar |
- cred.ai |
- Eny Holdings
💼 Multitude Hiring and Layoffs
- Multitude has updated its audit and risk committees in April 2024, with Marion Khüny now serving as Chair of both committees, replacing Goutam Challagalla and Michael A. Cusumano respectively.
- Maik Laske has left Multitude as Group Treasurer to become CFO at Advanced Blockchain in Germany.
- Multitude Group appoints a new CEO and reports a 42% increase in EBIT to EUR 47.2 million for the first nine months of 2024.
- On November 19, 2024, Multitude's Chief Technology Officer Kabele Kornel received a share-based incentive in ordinary shares.
- Jorma Jokela, CEO and Founder of Multitude, will step down as CEO at the end of this year as part of the company's strategic growth plan.
- Multitude appointed Antti Kumpulainen as CEO effective January 1, 2025, and reported a 42% increase in EBIT to EUR 47.2 million for the first nine months of 2024.
- On November 14, 2024, Multitude announced a CEO transition plan.
- Multitude is currently seeking a Head of SME Leasing for the Finland Market.
🤖 Multitude Developer, Integration and Automation News
- Multitude Bank has partnered with HeavyFinance to invest EUR14 million in loans to help over 500 European farms transition to sustainable practices.
📈 Multitude Financials, Fundraising and Valuation News
- On January 13, 2025, Multitude's stock price fell by 1% to 5.04 EUR after an insider purchase by Kristjan Kajakas, a company executive, who bought 40,000 shares at 4.95 EUR each.
- Kajakas Kristjan, CEO of Ferratum, disclosed an acquisition of ordinary shares in Multitude AG on January 3, 2025.
- On January 3, 2025, Multitude's CFO Bernd Egger disclosed the acquisition of ordinary shares.
- Multitude Capital Oyj, a subsidiary of Multitude, issued EUR 20 million in bonds on December 18, 2024, under a EUR 150 million framework, with plans to list them on Nasdaq Stockholm.
- On November 14, 2024, Multitude will present its financial results for the first nine months of 2024, followed by a Q&A session.
- On November 14, 2024, Multitude announced a share buyback program and published their 9M 2024 report.
- Lasse Makela, Chief Strategy and IR Officer of Multitude, presented the company's 9 Months 2024 earnings results on November 14.
- Multitude has acquired a stake in Lea Bank.
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