So, what is Multitude SE?

After having started with Multitude one month ago in the beautiful Switzerland, many of my friends have been asking me, so what is Multitude. To make this easier (especially for myself), I will answer this question here, so that I will not need to repeat my message so many times.

Multitude is a technology company, which has a European banking license inside the group. With the combination of our tech, big data, platform, and banking license, we can offer great Fintech and banking services to our almost half a million customers.

Multitude SE has three business units, which are operating under their own brands and serving different customer segments. 1) Ferratum provides consumers with unsecured digital consumer loans, 2) CapitalBox provides business loans for small and medium sized enterprises and 3) SweepBank provides mobile banking and payment services in Europe. The parent company, Multitude SE provides services to these business segments, such as technical, regulatory, cross-selling and funding services.

So if you want to get interest for your cash deposits or you need a debit or credit card for free, open a SweepBank account, but if you need to borrow, talk to Ferratum and finally, if your company needs to borrow money, CapitalBox can help.

We were established in 2005, we are listed in Frankfurt Stock Exchange with the ticker “FRU”, and we are present in 19 countries. We currently have some 700 employees, and our turnover in 2020 was 230m euros.

As an M&A professional, I am just very excited about the M&A possibilities, which we have. But there is also other great partnership-, cooperation- and possibly funding opportunities available. So, if you know companies, which would be interested in discussing any of the topics mentioned, let me know!

In the meanwhile, I may have to go to buy some skiing gear as the Alps are just too close.

Have a nice weekend!

Lasse