Nordic crowdfunding platform Invesdor announced on Thursday it has completed its merger with Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms. According to Invesdor, the companies now form Invesdor Group, which is described as a pan-European digital investment and financing platform for companies of all life stages, from startups to large corporations.
The merger plans were originally announced in March and, as previously reported, the two companies will now be able to offer a full stack of debt and equity services and investments across Northern Europe, as well as more numerous options for investors. Invesdor reported that prior to the merger, both it and Finnest had already gained a “unique foothold” in their respective markets. Speaking about the merger’s finalization, CEO of Invesdor, Lasse Mäkelä, stated:
“We are very excited and proud to create something completely new in the finance industry. During the past few weeks we have worked hard to establish a strong vision. We are now on the right track to make investing and financing operations easy for all.”
COO Günther Lindenlaub, also commented:
“I’m looking forward to expanding our reach. Together we can serve millions of European investors and organizations seeking funding – not to mention other financial institutions that will benefit from our top tier PaaS and SaaS offering.”
Invesdor went on to add that it still operates with both brands but the current plan is to offer services under one brand all over Europe in the long run.
“The service portfolio spans from equity investments, bonds, IPO’s, syndicated loans, mezzanine capital and promissory notes to other debt capital instruments.”
Founded in 2012, Invesdor claims to be a leading European fundraising and investment platform and digital investment bank. The platform is regulated by the Finnish Financial Supervisory Authority.