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19.11.2024
Planetsoft Becomes a Shareholder in Fintech42 Technologies GmbH: A New Step Toward Growth
We are proud to announce that Planetsoft has become a shareholder in Fintech42 Technologies GmbH, a startup founded less than two years ago by three experts with over 20 years of experience in investment banking and the fintech industry.
This decision is the result of the strategic direction of our portfolio and vision for development, made after a thorough analysis and due diligence process. Fintech42 stands out as the first company in the European Union offering digital factoring services, connecting investors with users who need quicker access to funds by selling their invoices, thereby improving their liquidity.
The entire process is automated, enabling rapid responses and efficient matching of supply and demand, which is crucial in the factoring sector. Automation, easy accessibility for all investors, and cost minimization make Fintech42 a leader in the EU factoring company market.
After establishing our subsidiary, Planetsoft Vienna, two years ago and successfully entering the EU market, this decision represents another important step toward strengthening our presence in the European market and future industries. We remain committed to our core activities while further strengthening ourselves with new knowledge from the fintech sector.
Our goal remains the same: to provide our clients with fast access to necessary software solutions and essential financial resources.
Together, toward a better future!
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