Multitude SE

What Multitude SE does

Multitude SE is the Swiss-domiciled (Zug) parent of a European digital financial services platform, listed on the Prime Standard of the Frankfurt Stock Exchange under ticker MULT. Originally founded in Finland in 2005 as Ferratum Group and pivoting to its current identity in 2021, the group today operates three wholly-owned business units: Ferratum for digital consumer lending, CapitalBox for SME growth financing, and Multitude Bank p.l.c. (Malta, regulated by the Malta Financial Services Authority) for wholesale funding solutions to non-bank lenders and FinTechs. More than 700 employees across approximately 20 countries and 40+ nationalities support a customer footprint spanning 17 European markets.

The underlying technology stack combines three legacy digital lending and core-banking systems with Tuum's modular core-banking platform, which has powered Multitude Bank's operations across 13 European markets since 2020 and was renewed in November 2025. On top of this, the proprietary Multitude Growth Platform wraps each business unit with shared technology, regulatory and funding infrastructure intended to accelerate product launches, cross-resourcing, and inter-company capital deployment.

The commercial model rests on net interest income from originated and balance-sheet-held loan portfolios across consumer, SME, and wholesale segments, complemented by fee and commission income (EUR 4.9 million in Q1 2026, up EUR 2.5 million year-on-year). Distribution is split between direct digital onboarding for retail customers, enterprise sales for Wholesale Banking institutional clients, and the Sortter Oy comparison platform following its May 2026 majority acquisition. Group revenue reached EUR 257 million in 2025, with Q1 2026 net loans and investments of EUR 971.6 million, customer deposits of EUR 1.19 billion, total assets of EUR 1.59 billion, and group equity of EUR 249.1 million.

Name

Multitude SE

Legal name

Multitude AG

Website

https://multitude.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Multitude SE is a Swiss-domiciled, Frankfurt-listed digital finance group operating three units - Ferratum consumer lending, CapitalBox SME financing, and Multitude Bank wholesale banking - serving retail, SME, and FinTech clients across 17 European countries through digital platforms built on Tuum core-banking technology.

Ownership category

akta.pro rank

Product category

Digital Lending and Online Banking

NAICS

Credit Intermediation and Related Activities (522), Commercial Banking (522110)

SIC

Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SME Lending & Working Capital Platforms (FSAGAJAA)

akta.pro secondary industries

SME Term Loans & Growth Capital (FSAKAGAB), Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD), SME Lending Platforms & Embedded SME Credit (FSAKAGAJ), Large Purchase & Lifestyle Personal Loans (Unsecured Installment) (FSAKAAAG), Microloans & Working Capital Loans (FSAKAGAA)

Keywords

• Digital consumer lending
• SME business financing
• Wholesale banking services
• Online banking platform
• European fintech lending

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income: Core interest income from digital lending operations across consumer, SME, and wholesale banking segments. Interest income reflects changes to portfolio composition and product offering.
2. Fee and Commission Income: Fee and commission income from banking services, including increased fee income from Consumer Banking segment. In Q1 2026, fee income increased significantly by EUR 2.5 million year-on-year to EUR 4.9 million.
3. Bond Issuance (Funding Vehicle): Multitude Capital Oyj acts as a funding vehicle, issuing perpetual bonds and senior unsecured bonds to refinance debt and support corporate growth.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels8 records

Core offering

Multitude SE provides digital lending and online banking services through three wholly-owned business units: Ferratum offers short-term consumer loans, credit lines, and SME financing to individuals; CapitalBox delivers growth financing to small and medium-sized enterprises; and Multitude Bank supplies bespoke funding solutions, credit facilities, and payment processing infrastructure to non-bank lenders and other FinTechs. The Multitude Growth Platform provides shared technology, regulatory, and funding infrastructure serving both the internal units and external partners.

Product overview

Multitude SE operates as a digital financial services ecosystem with a platform-plus-modules architecture. The core Multitude Growth Platform supports three independent internal business units—Ferratum (Consumer Banking), CapitalBox (SME Banking), and Multitude Bank (Wholesale Banking)—serving consumers, SMEs, and institutional clients across 17 European countries. Ferratum provides short-term consumer loans and credit lines; CapitalBox delivers growth financing to SMEs; and Multitude Bank offers bespoke institutional funding solutions and credit facilities to non-bank lenders and FinTechs. The company employs over 700 people and achieved EUR 257 million revenue in 2025, with net loans and investments of EUR 971.6 million as of Q1 2026.

Differentiator

Problem solved

Functional benefit

Brands

• Ferratum: Consumer Banking wing serving consumers' small, short-term, unplanned financial needs
• CapitalBox
• Multitude Bank

Products and services

• Ferratum Consumer Banking Digital consumer lending brand of Multitude offering short-term loans, credit lines, and SME financing for consumers' small, short-term, unplanned financial needs across 17 European countries.
• CapitalBox SME Banking SME banking brand providing growth financing to small and medium-sized European enterprises underserved by traditional banks, offering business lending and growth capital solutions.
• Multitude Bank Wholesale Banking Wholesale banking division providing bespoke funding solutions, credit facilities, and payment processing architecture for non-bank lenders and other FinTechs across European markets.
• Multitude Growth Platform Platform that supports Multitude's three internal business units (Ferratum, CapitalBox, Multitude Bank) by offering shared tech and regulatory know-how, cross-resourcing and selling opportunities, and funding expertise that also serves external businesses.

Quantifiable outcome

• EUR 26.6 million net profit in 2025, up 31.7% year-on-year
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered strategic and core.

• Sortter OystrategicStrategic or Co-development Partner · 20 May 2026Multitude AG acquired a majority stake in Sortter Oy, a Finnish financial services comparison platform. Following an initial 19.97% stake investment in 2023, Multitude reached agreement to acquire majority control. Sortter generated revenues of EUR 17.2 million and net profit of EUR 1.6 million in 2025.
• TuumcoreTechnology or Integration · 26 November 2025Tuum, a next-generation core banking provider, renewed its partnership with Multitude Bank p.l.c. to continue powering the bank's operations and growth across 13 European markets. Since 2020, Tuum's modular platform has been central to Multitude Bank's technology transformation.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MultitudeSE
• Facebookfacebook.com/MultitudeSE
• LinkedInlinkedin.com/company/77228579

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries6 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multitude SE