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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ποΈ Multitude Product and Pricing News β
π Multitude CEO, Management and Leadership Team β
βοΈ Multitude Alternatives and Competitors β
πΌ Multitude Hiring and Layoffs β
π€ Multitude Developer, Integration and Automation News β
π Multitude Financials, Fundraising and Valuation News β
ποΈ Multitude Product and Pricing News
- On January 3, 2025, Multitude changed its company name to Multitude Services GmbH.
- 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.
- 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.
- On February 7, Multitude celebrated 10 years on the Frankfurt Stock Exchange.
- Inderes released a new research report on Multitude, offering insights into their business strategy and market potential for Nordic investors.
- 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.
π Multitude CEO, Management and Leadership Team
βοΈ 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
πΌ Multitude Hiring and Layoffs
- Adam Jezierski was appointed as Chief Credit Officer at Multitude on February 1, 2025, replacing Clemens Krause.
- Multitude has updated its audit and risk committees in April 2024, with Marion KhΓΌny 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.
- Elina Himberg has left Multitude as Growth Marketing Director to join Cityvarasto Oyj as Chief Commercial Officer (CCO) in Finland.
- Multitude is currently seeking a Head of SME Leasing for the Finland Market.
- Multitude is currently seeking a Head of Treasury in France.
- Multitude is currently hiring for the position of Country Manager - SME Lending in Italy.
- 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.
π€ 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.
π Multitude Financials, Fundraising and Valuation News
- 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.
- 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.
- On January 3, 2025, Multitude's CFO Bernd Egger disclosed the acquisition of ordinary shares.
- Kajakas Kristjan, CEO of Ferratum, disclosed an acquisition of ordinary shares in Multitude AG on January 3, 2025.
- 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.
- Jorma Jokela, Founder of Multitude, increased his shareholding to 12,022,991 shares, now representing 55.34% of the companyβs total shares.
- On January 3, 2025, Multitude corrected a previous stock exchange announcement due to an internal error, confirming they hold 180,557 treasury shares.
- Between November 19-26, 2024, Multitude repurchased 14,303 of its own shares for EUR 67,704.64 as part of a share buyback program.
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