Pactum apparently acquires Acatus
The Swiss company Pactum securitizes receivables to companies, Acatus until its insolvency loans.
An investor has rescued insolvent startup Acatus, that much was leaked this week. Now the savior has been revealed by name: As Finance Forward reported, Swiss company Pactum is taking over the securitization startup. Acatus had filed for bankruptcy in the middle of this year after a funding round failed.
The new owner intends to keep the entire Acatus team, including founder Daniel Wigbers. His co-founder Marie Louise Seelig had already left the start-up this summer. In addition, according to Pactum Finance Scene 750,000 euros to the start-up, which makes up 30 percent of the insolvency estate.
The startup, founded in 2016, securitized loans, Pactum is also dedicated to securitization. The Swiss company buys fast-growing companies' receivables and securitizes them for investors. "Until now, we were only able to accept financing of €50 million or more, but with Acatus, it will now be possible to do it on a smaller scale," Pactum founder Joscha Rosenbauer told Finance Forward.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Startup
2016
Stuttgart
Acatus
Building a digital pan-European Debt Capital Markets (DCM) platform. It converts loans and other illiquid assets into fungible securities eligible for safe custody.
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
