Younited S.A., a leading instant credit provider in Europe, today announced that it is in exclusive discussions with a French Fintech company ("Target") offering financial services with a strong focus on its customers' well-being. The Target provides a range of financial products, including current accounts, premium accounts, joint accounts, and life insurance to its clients in France. The potential transaction marks a critical step in Younited's journey towards developing our customer-centric business model.
The discussions are currently ongoing, and both parties are engaged in due diligence and negotiations with the goal of reaching a definitive agreement during May 2025.
Charles Egly, Group CEO, commented:
"We believe that this transaction could create substantial opportunities for innovation and growth. While there is no certainty that a transaction will be completed, we are excited about this potential acquisition to fast track our strategic development."
About Younited
Younited is the leading instant credit provider in Europe. Constant innovation, cutting-edge technology and exceptional user experience have allowed over a million customers to have access to instant, simple and transparent credit to refurbish their home, go on vacation, buy a new smartphone, or bring any other project to life. Younited provides instant credit throughout the customer journey, shopping, or banking, online or in-store, with a single Younited customer experience. Younited operates in 4 European countries (France, Italy, Spain and Portugal).
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