Unifiedpost Group and Crossinx Join Forces to Create a Unique European Business Network
Unifiedpost Group taps into German market and by extension DACH region
1 and Hungary
Jointly creating a unique network with circa 1 million SMEs and corporates, having a large potential in the mid-sized market
First fintech to offer comprehensive and scalable 'out-of-the-box' products for all customer segments
Enriched value proposition across e-invoicing, e-procurement, payments and supply chain finance
to allow secure, automated and ecological business processes
Transaction is a +50% share deal
Unifiedpost Group raises the financial guidance it has given to the market
Unifiedpost Group (
Euronext: UPG)
(Unifiedpost), a leading European fintech company, is proud to announce the acquisition of Crossinx GmbH. The acquisition is a major step in the realisation of the group's strategy. The solutions of both companies and their markets are highly complementary. By joining forces, the combined group can now offer full order-to-cash and procure-to-pay solutions to small businesses, medium-sized corporates and large enterprises. Unifiedpost now also gets access to the important German market, and even the full DACH region and Hungary. By bringing the businesses and solutions together, multiple avenues of additional value creation are unlocked. Unifiedpost therefore also raises the financial guidance it has given to the market.