Following the announcement of January 28, 2025, Alpha Bank A.E. (“Alpha Bank”) announces that its 100% subsidiary, Alpha Holding A.E. (“Alpha Holding”), has completed the acquisition of all shares of FlexFin Ltd, which holds 100% of FlexFin ΕΠΕΥ (“FlexFin”).
FlexFin is the first fintech company operating in factoring services in Greece and Cyprus, providing specialized liquidity solutions tailored to the needs of small and medium enterprises. Through its innovative platform, which offers ease, speed, flexibility and transparency, FlexFin has established itself as a reference point in SME financing. Alpha Bank intends to merge the factoring activities in Greece, currently implemented by ABC FACTORS and FlexFin – both 100% subsidiaries of Alpha Holding – under a single corporate entity, following receipt of all necessary regulatory approvals and licenses. ABC FACTORS holds a leading position in the Greek factoring market, showing steady and dynamic growth. It has collaborated with more than 2,200 Greek companies across a wide range of sectors of the Greek economy and has managed commercial receivables for more than 16,000 companies – buyers throughout Greece.
