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...


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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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πŸ›οΈ Multitude Product and Pricing News β†’

πŸ‘” Multitude CEO, Management and Leadership Team β†’

βš”οΈ Multitude Alternatives and Competitors β†’

πŸ’Ό Multitude Hiring and Layoffs β†’

πŸ€– Multitude Developer, Integration and Automation News β†’

πŸ“ˆ Multitude Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Multitude Product and Pricing News

  • On March 3, 2025, Multitude Bank launched new digital deposit services in Malta, including Savings Accounts and Fixed Term Deposits, covered by the Maltese Depositor Compensation Scheme.
  • Multitude Group has integrated AI-powered analytics to predict customer needs and deliver personalized solutions in real time, positioning itself as a leader in customer-centric fintech innovation.
  • On March 21, Multitude's CEO Antti Kumpulainen spoke at the Nordic Corporate Bond Conference in Stockholm about the thriving Nordic High Yield market.
  • Multitude will participate in Pareto Securities' 14th Annual Nordic Corporate Bond Conference in Stockholm on March 20, 2025, represented by CEO Antti Kumpulainen, Strategy and IR Officer Lasse MΓ€kelΓ€, and Investor Relations Specialist Sabrina Y.
  • Multitude's SME banking unit, CapitalBox, participated in Stockholm Fintech Week on February 11-12, featuring COO Julija VarneckienΔ— in a panel discussing the readiness for open finance in Europe.

  • Multitude is hosting a Data Quality Management meetup on February 5, 2025, at their IT Labs in Bratislava, offering practical examples and a free Data Quality Dashboard in Power BI.
  • Keith Cortis, Procurement Operations Manager at Vector Procurement Solutions Inc., participated in the first Multitude HiPo program.
  • On March 18, Multitude hosted a round table at their IT Labs to discuss key testing topics with industry leaders.

πŸ‘” Multitude CEO, Management and Leadership Team


βš”οΈ Multitude Alternatives and Competitors

  • multitudebank.com
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  • ferratumbank.com
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  • procredit-holding.com
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  • vonovia.com
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  • Fellow Pankki Oyj
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  • Fellow Bank Plc
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  • Nefco - the Nordic Green Bank
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  • Svea Finland
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  • 4finance
  • |
  • Bondora
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  • Oakbrook Finance
  • |
  • Ovamba Cameroon Solutions
  • |
  • Mambu
  • |
  • Ibancar
  • |
  • cred.ai
  • |
  • Eny Holdings

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πŸ’Ό Multitude Hiring and Layoffs

  • Adam Jezierski was appointed as Chief Credit Officer at Multitude on February 1, 2025, replacing Clemens Krause.
  • Elina Himberg has left Multitude as Growth Marketing Director to join Cityvarasto Oyj as Chief Commercial Officer (CCO) in Finland.
  • Multitude launched the High Potential (HiPo) Programme to develop future leaders by providing 11 participants with cross-functional experiences across its main offices.
  • Amanda Escherich, Head of Consumer Lending Germany at Multitude, shared her positive experience with the company's High Potential program on April 3.
  • Shaun Vella, Chief HR Officer at Multitude, announced the completion of the third week of their High Potential Programme in Berlin, which aims to develop leadership skills and cross-functional understanding among participants.

  • Multitude Bank in Malta is hiring for multiple positions including Senior Financial Crime Compliance Officer and Risk Manager, offering benefits like gym allowance and flexible work models.
  • Eric Berthoud has joined Multitude as a Senior Investment Manager to help build their Secured Lending Business in Europe.
  • Multitude conducted a hands-on training for over 40 Customer Care agents in Cebu, Philippines, focusing on empathy, sentiment understanding, and communication clarity, resulting in high trainee satisfaction and demand for more sessions.

πŸ€– Multitude Developer, Integration and Automation News


πŸ“ˆ Multitude Financials, Fundraising and Valuation News

  • On April 17, 2025, Multitude Capital Oyj, a subsidiary of Multitude AG, published its 2024 financial statements.
  • Multitude's Q4 results exceeded expectations with an 8% increase in net operating profit to 57.7 MEUR, driven by lower impairment losses and strong growth in the Wholesale Banking unit.
  • Multitude will disclose its annual financial report on April 17, 2025.
  • Multitude International Bank invested €8 million in Estonian fintech Hoovi to expand its leasing and lending services.
  • Multitude successfully placed a EUR 25 million Tier 2 bond through its subsidiary Multitude bank and increased its stake in Lea Bank to 20.9%.

  • On March 5, 2025, Multitude Bank, a subsidiary of Multitude AG, announced the pricing of €25 million Floating Rate Callable Tier 2 Notes due 2035, with Seaport Global Securities LLC as the sole placement agent.
  • Multitude's subsidiary, Multitude Bank p.l.c., has increased its stake in Lea Bank to 20.9%, becoming the largest shareholder, with approval from the Swedish Financial Authority.
  • Multitude Bank plc reported a pre-tax profit of €17.6 million for 2024, up from €11.8 million in 2023, due to growth in lending and investment income.

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