Ageras acquires Neobank Kontist

Ageras Group, a provider of financial and accounting software that powers small businesses across Europe and North America, announced that it has acquired Kontist, a Berlin-based neo-bank focused on the complex accounting and banking needs of Germany’s growing populations of microbusinesses and self-employed workers.

“This acquisition is a critical step in Ageras’ growth,” said Ageras Co-founder and CEO Rico Andersen. “Kontist has created the best product in Europe’s largest market. It’s a one-stop financial shop for approximately 50,000 German small business owners today, and it’s perfectly positioned to become the go-to financial platform for future generations of small business owners in need of modern banking and accounting tools.”

Read more: IBSi