The Russian invasion of Ukraine has been a chilling reminder of the fragility of peace. Yet, Multitude stands firmly behind the people and nation of Ukraine.
As a company, we thrive on openness, and in this crisis, we want to connect with our community and have a direct channel of communication.
As Multitude, we are resilient and do not currently foresee a significant impact on our business by this crisis. However, the situation may change quickly. We have employees from 40 global nations, including Ukraine, Russia and many countries bordering the conflict. With an understanding of the past and direct contacts within the crisis zones, we can now use this history and knowledge as the crisis unfolds. We firmly stand as one united team against all aggressions.
We want to help and contribute financially to the Ukrainian people. Through a €50 donation on behalf of each of our employees, we will collectively give €35,000 in support to the humanitarian relief programs.
Additionally, we encourage our employees to contribute, increasing our collective, total aid through the International Red Cross.
It is essential to treat each other with continued openness & respect, irrespective of nationality or where we come from, especially at this moment. Working as a unified team will ensure the safety of our employees and their families.
We also feel that the best way to help is to keep our services up and running, so that money keeps flowing and people have access to financial services, when needed. Historically, cyber-crime has increased during the time of war. Therefore, we have decided to increase our resources to fight against any risk of cyber-crimes.
We are already profoundly moved and touched by our team, who have taken action and have shown such strength in helping people in crisis through their volunteer work. We also want to thank each of you, who have already contributed to the humanitarian relief programs. We are so proud of you as you are us, we are Multitude.
Multitude SE
About Multitude SE:
Multitude is a fully regulated growth platform for financial technology. Its ambition is to become the most valued financial ecosystem. This vision is backed by a solid track record of +15 years of building and scaling financial technology. Through its full European banking license, profound know-how in technology, regulation, cross-selling, and funding, Multitude enables a range of sustainable banking and financial services to grow and scale. Currently, it has three independent business units on this growth platform: Ferratum as a consumer lender, CapitalBox as a business lender, and SweepBank as a shopping and financing app. Multitude and its independent units employ over 700 people in 19 countries and together generated 230 million EUR turnover in 2020. Finnish based Multitude was founded in 2005 and is listed in the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'FRU.' www.multitude.com
Disclaimer: The information provided in this article is intended for general informational purposes only. It is not intended to be, and should not be taken as, professional or financial advice.