Danish FinTech, Ageras, a leading provider of accounting, banking and business software solutions for more than 300,000 European small businesses, is ready to respond to a ‘growing market appetite’ for a pan-European consolidation in the FinTech and business software sector, targeting to complete one to two major acquisitions before a potential IPO in 2026.
And according to its CEO, the company is already in ‘advanced talks’ with prospects that can fulfil its vision of becoming Europe’s largest in its industry, aiming to execute on its ambitions as early as 2024. The publication of Ageras’ 2023 annual report shows its first-ever profitable EBITDA and continued revenue growth of 53% to support its further expansion plans.
CEO, Rico Andersen, said: “This accomplishment not only validates the effectiveness of our strategic direction, but also underpins our position as a resilient player in the market.”
