on Multitude AG (ETR:MULT)
Multitude AG Celebrates Two Decades of Growth and Frankfurt Listing
Multitude AG, a European FinTech company, marks its 20th anniversary and a decade on the Frankfurt Stock Exchange. Originally founded as Ferratum in Helsinki in 2005, the company has expanded to 17 countries and employs around 700 professionals. In 2024, it reported a revenue of EUR 263.7 million and a profit of EUR 67.6 million.
Since obtaining an EU banking license in 2012 and rebranding as Multitude in 2021, the company has built a solid presence in the financial sector. It operates through three business units: Ferratum for consumer banking, CapitalBox for SME banking, and Multitude Bank for wholesale banking. Multitude emphasizes values like innovation and customer centricity, fostering collaboration across its diverse workforce.
The anniversary celebrations in Finland include exchanges of ideas and team-building activities, underscoring the company’s commitment to community and strategic development.
R. H.
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