Investor found for Fintech Acatus

After the insolvency in July this year, there could now be a new start for the company.

According to information from Finanz-Szene, an investor has been found for the insolvent fintech Acatus. The buyer, who has not been named, presumably comes from Switzerland and is to pay around 750,000 euros to the insolvency estate. The money will apparently cover 30 percent of the claims against the start-up. Creditors are also expected to vote on a new insolvency plan today.

In July of this year, co-founder Marie Louise Seelig left the start-up; there were allegedly disputes between her and the investors. Shortly afterwards, Acatus filed for insolvency after a failed financing round. Even then, insolvency administrator Gordon Geiser stressed: "The aim of the proceedings is to find a sustainable investor solution for the startup." Startbase reported.

Berlin-based fintech Acatus was founded in 2016 by Daniel Wigbers and Marie Louise Seelig and specialises in securitising loans. In its Series A funding round in November 2019, the startup had raised 5.5, million euros, but later ran into problems.