Danske Joins Citi, BNP Paribas Investing in Fintech M&A Company
- Danish lender will get rotating board seat in United Fintech
- Company specializes in streamlining fintech solutions to banks
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Danske Bank A/S is joining BNP Paribas SA and Citigroup Inc. by investing in a company that acquires and expands fintechs in the capital market industry.
Denmark’s largest lender will take a stake in United Fintech Group for an undisclosed sum, the Copenhagen-based Danske said on Tuesday. It will also hold a rotating board seat in the London-based fintech.