Multitude AG provides €12.5M secured loan to Placet Group

Multitude AG announced secured credit facilities with Placet Group OÜ on November 3, 2025.

Primary

Multitude AG

Counterparty

Placet Group OÜ

Amount

$14M

Structure

secured credit facilities

Date

November 3, 2025

Sub-sector

Lending Tech (Consumer)

Multitude's Wholesale Banking expands fintech lending portfolio; Placet Group secures long-term funding to advance consumer lending and SME financing in Estonia.

Primary company

Multitude AG

Counterparty

Placet Group OÜ

Amount

$14M

Event date

November 3, 2025

Sub-sector

Lending Tech (Consumer)

HQ

Not disclosed

Structure

secured credit facilities

Source published

December 3, 2025

Publisher

GlobeNewswire (Europe)

Source: finanznachrichten.de