Multitude AG: Wholesale Banking strengthens Placet Group cooperation with EUR 16 million Nordecum facility

▤ Summary

Multitude AG’s Wholesale Banking unit has provided a EUR 16 million financing facility to Nordecum, part of Placet Group. The deal refinances existing arrangements and adds capacity to support Nordecum’s lending portfolio growth in Lithuania. The announcement also highlights Multitude’s continued cooperation with Placet Group after earlier secured credit facilities in 2025. For vendors and partners, the event signals ongoing financing, treasury, and institutional funding activity in the fintech lending space.

▦ Linked Companies