Finom Acquires Kapaga

Finom, an Amsterdam, The Netherlands-based supplier of a monetary administration platform for SMEs and freelancers, acquired Kapaga, a London, UK-based supplier of cost service facilitating worldwide commerce for SMEs.

The quantity of the deal was not discloded.

With the acquisition, Finom will consolidate its place as a monetary companies supplier for SMEs, and bolster its enlargement plans within the UK and throughout the continent.

Founded by Katya Dorofejeva (CEO), Kapaga gives a cost service offering tailor-made business-accounts to SMEs within the UK, simplifying advanced company constructions, consolidating accounts into one multi-banking platform, offering aggressive FX charges and devoted account administration. The firm’s cloud structure gives corporations transparency in streamlining cross-border funds, permitting them to ship and invoice cash to 190+ international locations in quite a few currencies through a single and safe software course of.

Led by CEO Kos Stiskin, Finom offers a monetary platform, which at present offers monetary companies in France, Germany, Italy, and the Netherlands. Services embody dated funds, e-invoicing, enterprise and expense administration. The firm consists of a various worldwide staff of 150 full-time workers.



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