FINNLAND

EQS-News: Multitude SE preliminary unaudited 2023 results with strong revenue growth and earnings jump in 2023 in line with guidance

Retrieved on: 
Mittwoch, April 10, 2024
Annual, EUR, Tax, Growth, Fintech, Asset, Wholesale banking, AI, Bank statement, Big data, Capital market, APM, SME, Machine learning

Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.

Key Points: 
  • Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.
  • Revenue increased by 8.5% (EUR 18.0 million) from EUR 212.5 million in 2022 to EUR 230.5 million in 2023.
  • Net interest income increased by 4.9% (EUR 9.8 million) from EUR 198.4 million in 2022 to EUR 208.2 million in 2023.
  • Multitude's EBIT from continuing operations reached EUR 45.6 million in 2023 compared to EUR 31.5 million in 2022.

EQS-News: Multitude SE: The Extraordinary General Meeting of Multitude SE Approved The Transfer Of The Company’s Registered Office From Finland To Malta

Retrieved on: 
Mittwoch, April 10, 2024
Transfer, EUR, WKN, Regulation (European Union), Fintech, Malta Stock Exchange, EFI, Statute, CSD, Malta Business Registry, Register, Security (finance)

Additionally, the Extraordinary General Meeting approved certain other related proposals.

Key Points: 
  • Additionally, the Extraordinary General Meeting approved certain other related proposals.
  • For the purposes of the Transfer, the Board of Directors had approved a Transfer Proposal (“Transfer Proposal”) in accordance with Article 8 (2) of the SE Regulation.
  • Multitude’s Extraordinary General Meeting approved the Transfer Proposal (including, without limitation the New M&A), and resolved on the Transfer in accordance with the Transfer Proposal.
  • The Extraordinary General Meeting resolved to appoint PricewaterhouseCoopers Malta as the auditor of the Company upon the registration of the Company with the Malta Business Registry.

EQS-News: Multitude Group Annual Report 2023 published - on track for substantial profitable growth in 2024 and beyond

Retrieved on: 
Mittwoch, April 10, 2024
EUR, Annual report, Growth, WKN, Fintech, Corporate governance, Remuneration, European, Lithium

With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.

Key Points: 
  • With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.
  • As such, loans to customers rose by 13.6% to EUR 575.9 million and debt investments increased by 194.3% from EUR 21.1 million to EUR 62.1 million.
  • This and an improved cost efficiency resulted in a strong growth of the EBIT from EUR 31.6 million in 2022 to EUR 45.6 million in 2023, signifying a 44.8% increase.
  • With the overall growth in assets also comes a rise in cash and cash equivalents by 85.0% to EUR 283.7 million from EUR 153.3 million.

EQS-News: NOTICE TO CONVENE MULTITUDE SE’S ANNUAL GENERAL MEETING OF SHAREHOLDERS

Retrieved on: 
Mittwoch, April 10, 2024
Appendix, Letter, Exercise, EEST, The Annual Report, Audit committee, Annual, Audit, Annual general meeting, Remuneration, Report, Register, Person, PwC, Proxy, Book, Annual report, Chapter Five, Auditor, EUR, Chapter Ten, Frankfurt Stock Exchange, Notice, Address, KHT, Mass meeting, Treasury, ID, Malta Business Registry, Security (finance)

The Board of Directors proposes to the Annual General Meeting that, for the financial year 2023, a dividend of EUR 0.19 per share be distributed.

Key Points: 
  • The Board of Directors proposes to the Annual General Meeting that, for the financial year 2023, a dividend of EUR 0.19 per share be distributed.
  • Shareholders, who are registered in the shareholders’ register of the Company, and who wish to participate in the General Meeting, must register for the meeting by giving prior notice of participation as instructed below.
  • Shareholders may participate in the General Meeting of Shareholders and exercise their rights at the meeting by way of proxy representation.
  • On the date of this notice to the Annual General Meeting of Shareholders, dated 28 March 2024, the total number of shares in Multitude SE is 21,723,960 and each of these shares carries one vote.

EQS-News: Multitude SE: Alain Nydegger starts to head Multitude Group’s new business unit Wholesale Banking 

Retrieved on: 
Mittwoch, April 10, 2024
EUR, WKN, Fintech, Business administration, ESG, Wholesale banking, AI, Bachelor, Applied science, Collection, IMD, 2022–23 Feyenoord season, European

Helsinki, 28 March 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude”, “Company” or “Group”) announces that Alain Nydegger will start as Tribe CEO for Multitude Group’s newly launched independent business unit, Wholesale Banking and joins the Group Leadership Team.

Key Points: 
  • Helsinki, 28 March 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude”, “Company” or “Group”) announces that Alain Nydegger will start as Tribe CEO for Multitude Group’s newly launched independent business unit, Wholesale Banking and joins the Group Leadership Team.
  • The wholesale banking unit offers two services: Secured Debt and a Payment Solution for non-bank lenders, FinTech’s and other larger volume customers, who are overlooked by traditional main street banks.
  • Alain joins Multitude as a seasoned leader and brings a wealth of experience, having spent the past 17 years in the financial industry.
  • The combination of Alain's credentials alongside the Group's extensive financial services and technology management expertise accumulated over the past two decades strongly positions our wholesale banking unit.

Juuso Heinilä appointed CEO of Finnvera plc as of 1 June 2024

Retrieved on: 
Mittwoch, April 10, 2024
OP, Master of Science, SME, Econ, Tech, Management

The Board of Directors of Finnvera plc has appointed M.Sc.

Key Points: 
  • The Board of Directors of Finnvera plc has appointed M.Sc.
  • Juuso Heinilä CEO of the company as of 1 June 2024.
  • I wish Juuso every success in his new role as well,” says Petri Ekman, Chair of Finnvera’s Board of Directors.
  • Pauli Heikkilä will retire from Finnvera next autumn, after almost 20 years of service as CEO.

Nordea Mortgage Bank Plc: Annual Report 2023

Retrieved on: 
Mittwoch, März 13, 2024
Nordea, EUR, The Annual Report, Bank statement, Annual report, Bank

Nordea Mortgage Bank Plc's Annual Report, Corporate Governance Report and Alternative performance measures have been published.

Key Points: 
  • Nordea Mortgage Bank Plc's Annual Report, Corporate Governance Report and Alternative performance measures have been published.
  • The Annual Report now published covers the operations of Nordea Mortgage Bank Plc in Finland.
  • Nordea Mortgage Bank Plc is a wholly owned subsidiary of Nordea Bank Abp.
  • The financial statements of Nordea Bank Abp comprise the operations of the Nordea Group as a whole and give the best overview of the Group.

Multitude SE: CapitalBox Launches SME-Focused Collateral Lending  

Retrieved on: 
Mittwoch, März 13, 2024
Transport, Growth, APRS, SME, Fintech, WKN, Bank

Helsinki, 19 February 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “Company” or “Group”) announces, that its business unit CapitalBox, the leading FinTech lender for small- and medium-sized enterprises in Europe, officially launches its new comprehensive collateral lending program today.

Key Points: 
  • Helsinki, 19 February 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “Company” or “Group”) announces, that its business unit CapitalBox, the leading FinTech lender for small- and medium-sized enterprises in Europe, officially launches its new comprehensive collateral lending program today.
  • CapitalBox’s new collateral lending program provides secured instalment loans that run from €100,000 to €1 million – in other words, the kind of cash infusion and capital SMEs need to expand meaningfully, not just stay afloat.
  • "We’ve been working towards expanding into collateral lending for some time now, which is instrumental to our commitment to helping SMEs traditionally overlooked by conventional banks.
  • We’re ready and waiting to make their lives easier and their businesses more successful,” said Mantvydas Štareika, CEO of CapitalBox.

Multitude SE strengthens market position with the acquisition of the Omniveta business through CapitalBox

Retrieved on: 
Mittwoch, März 13, 2024
Acquisition, SME, Fintech, WKN, Bank

The parties have agreed not to disclose the terms of the transaction, which will take effect from 1st March 2024.

Key Points: 
  • The parties have agreed not to disclose the terms of the transaction, which will take effect from 1st March 2024.
  • With this acquisition, CapitalBox is further expanding its market position in the area of business loans, reinforcing Multitude's SME banking segment.
  • Omniveta will assume the name CapitalBox moving forward, and its entire team will be integrated into the CapitalBox’s Danish division.
  • By combining CapitalBox and Omniveta, we are consistently expanding our business model and our added value.

Correction to Stock Exchange Release: Finnvera's Annual Review and Sustainability Report 2023

Retrieved on: 
Freitag, Februar 16, 2024
Sustainability, Annual Review, Finnvera, Annual report, Aquaculture

Correction to Stock Exchange Release: Finnvera's Annual Review and Sustainability Report 2023

Key Points: 
  • Correction to Stock Exchange Release: Finnvera's Annual Review and Sustainability Report 2023
    The issuer is solely responsible for the content of this announcement.
  • Correction to Stock Exchange Release: Finnvera's Annual Review and Sustainability Report 2023
    On 15 February 2024, as part of the annual report, Finnvera published the Annual Review and Sustainability Report 2023, which included incorrect figures in the table describing Finnvera's carbon footprint.
  • The corrected figures are below and on page 24 of the attached Annual Review and Sustainability Report 2023.