ME Investicija has sold Viena Sąskaita to Aktiva Finants
ME Investicija has sold Viena Sąskaita to Aktiva Finants.
Viena Sąskaita (One Bill) is a fast-growing platform that allows consumers to consolidate conveniently and automatically various monthly/recurring bills (utilities, telecommunications, kindergartens, insurance, etc.) into one to make a ‘one-click’ payment. It also allows consumers to monitor and analyze expenses. Viena Sąskaita operates in Lithuania, has more than 400,000 registered customers and approximately 20% of recurring payment collection (B2C) market share. The company is planning its expansion into other European markets with consumer bill payment consolidation services, and with the introduction and sale of third-party financial products on its platform, such as insurance, deposits, consumer financing, pension and investment funds.
Aktiva Finants operates in the Estonian, Latvian and Lithuanian markets as a provider of credit management services in the financial, telecommunications and utility sectors.
ME Investicija is the investment arm of Girteka Logistics, one of the largest companies in Lithuania.
Oaklins’ team in Lithuania acted as sell-side advisor in this transaction.
Talk to the deal team
Related deals
Duke Capital Limited has completed a fundraising
Duke Capital Limited has completed a successful fundraise, securing US$29.8 million (£23.5 million) through a placing and retail offer on the Alternative Investment Market (AIM). This milestone will further enable Duke Capital to continue its innovative approach to alternative financing solutions for small and medium enterprises (SMEs) across the UK and Europe.
Learn moreGrupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
Learn moreFarewill has been acquired by Dignity plc
Award-winning fintech company Farewill has been acquired by Dignity plc, a leading UK-based provider of end-of-life services backed by Castelnau Group.
Learn more