Pair Finance finds buyer

Lars-Thorben Niggehoff Lars-Thorben Niggehoff | 11.10.2022

Rumors have persisted for a year that Finleap wants to sell the debt collection start-up. Now a British investor is making a move.

The Berlin-based debt collection start-up Pair Finance has a new owner: the British investment company Pollen Street Capital is taking over around 60 percent of the shares. First the industry magazine Insurance Monitor reported on the deal. The previous majority shareholder Finleap remains on board as a minority shareholder. It had already become known last fall that the Berlin-based Pair Finance wanted to sell, but now the deal finally seems to be going through.

Pair Finance, founded in 2016, operates as a digital debt collection company. Its prominent customers include Klarna and Zalando. The company says it is already profitable, a rarity among fintechs. Annual revenue is said to be around 30 million euros.

As Finance Forward reports, Pollen Street Capital is paying just over 100 million euros for the shares. This corresponds to a total company valuation of Pair Finance of up to 200 million euros. After Finleap had already recently sold neobank Penta, this is the second successful exit in a short time for the company builder.


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