AREX Markets, the Spanish FinTech invoice financier has announced the sale of its Finland operations to Swedish payment and financing institution Svea Bank.
With the deal, Svea will further strengthen its position as a corporate financier, as AREX's c.1200 Finnish customers and partnerships in the areas of financial management and financial management software will be transferred to the bank’s portfolio. The Finnish operation of AREX has financed over €500m worth of invoices.
