08 November 2022

UK FinTech Kapaga acquired by Finom

Written By FinTech Alliance

UK FinTech Kapaga acquired by Finom

Finom, a Dutch FinTech, has acquired UK business Kapaga. 

In Brief: 

Kapaga enables cross-border payments for businesses. 

Finom is an Amsterdam-based SME banking provider. 

It has acquired Kapaga in a deal worth over £10mn. 

What does this mean?

Finom, which operates across Holland, France, Italy and Germany aims to offer SMEs banking accounts with invoicing offerings and will now expand into the UK market. 

Read more here. 

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