Zug, 17 June 2026, Multitude AG, a listed European FinTech company, offering digital lending and online banking services to consumers, SMEs, and institutional clients, ("Multitude", "Company" or "Group") announces that its Wholesale Banking business unit has provided a EUR 16 million financing facility to UAB Nordecum, a Lithuanian digital consumer finance company and part of Placet Group OÜ. 

The facility strengthens Nordecum's funding base by refinancing existing arrangements and providing additional capacity to support continued portfolio growth in Lithuania. The facility also reflects the continued confidence of international funding partners in Nordecum's business model and long-term growth prospects. 

"We are pleased to further expand our cooperation with Multitude. This facility strengthens Nordecum's funding base and provides additional capacity to support our continued growth in Lithuania. Having a financing partner that understands our business model and long-term ambitions is an important factor as we continue to serve customers and grow our lending portfolio responsibly," said Aleksandr Kostin, CEO ...