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Levenue acquires fintech Requr

Tuesday 11 January 2022 13:33 CET | News

Financing platform Levenue has acquired fellow Netherlands-based fintech Requr to promote a new way to fund Software-as-a-Service (SaaS) companies across Europe.

The fintech states that it aims to take advantage of the growing popularity of revenue-based financing (RBFs). This allows the founders of the company to use their recurring revenues to raise funds. RBF means that investors are given a direct return claim in exchange for an upfront injection of capital. The founder does not have to waive shares or collateral, but he does have to waive a percentage of earnings or a fixed amount of regular earnings.

Levenue wants Requr’s network of SaaS founders to integrate well with its own network of investors. The founders of Requr also emphasized that transaction flows, underwriting and data analysis models work well with Levenue’s technology, international teams, marketing strategies, and experience navigating the more subtle legal regions of Europe as a whole.

The acquisition follows the expansion of Levenue to Scandinavia after its launch in Benelux and the United Kingdom.

Source: Link


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Keywords: acquisition, fintech, SaaS, funding
Categories: Banking & Fintech
Companies: Levenue, Requr
Countries: Netherlands
This article is part of category

Banking & Fintech

Levenue

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Requr

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