Multitude Bank acquires strategic stake in Norway’s Lea Bank

Multitude PLC, a listed European fintech company that offers digital lending and online banking services to consumers, SMEs, and other fintechs is pleased to announce that its subsidiary, Multitude Bank has acquired a 9.9% stake in Lea Bank ASA, a Norwegian digital bank dedicated to providing consumer financing across Nordic countries and Spain. Multitude Bank has also signed an additional agreement to acquire further 8.7% of Lea Bank, subject to approval by the Norwegian Financial...

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