Setterwalls is assisting the owners in the fintech company Capcito Finance AB in connection with the divestment to Fortnox

Setterwalls is assisting the owners of Capcito Finance AB (“Capcito”) in connection with the divestment of 78 percent of the shares to Fortnox.

Capcito’s business consists of offering automated lending and invoice financing services to companies. Further, Capcito owns and operates the platform Monto, which is an innovative data-driven SaaS service that allows banks and other lenders to assess and monitor companies’ credit standing in real-time by using data from leading business platforms and banks. Today, Monto is an integrated solution for several leading companies and the platform will continue to be developed by using Fortnox’s user base. The transaction is expected to be completed in the beginning of December 2021.