€152.6 million raised
1st listing on Euronext Paris in 2025
Dual listing on Euronext Amsterdam and Euronext Paris
Paris – 20 January 2025 – Euronext today congratulates Younited (Younited Financial S.A.) on its listing on Euronext Paris (ticker code: YOUNI), additional to its listing on Euronext Amsterdam.
Younited is a leading consumer credit business with over 1.2 million customers across the EU since its inception. Younited leverages a powerful technology platform with state-of-the-art APIs and artificial intelligence to build a scalable pan-European instant credit platform, transforming the consumer loan market and helping European households reach financial wellbeing.
Thanks to its successful business combination with Iris Financial on 20 December 2024, Younited benefited from a capital injection of €152.6 million which will significantly improve its balance sheet capacity and accelerate the execution of its growth strategy.
Younited market capitalisation at market close on 20 January 2025 is of €622 million, based on 65 431 624 ordinary shares[1]and a share price of €9.5.
Younited is part of the segment Euronext Tech Leaders, a segment comprising more than 110 Tech companies listed on Euronext that are leaders in their field of activity and that demonstrate a very strong growth trajectory. As a member of this segment, Younited benefits from an extended range of services, increased visibility and access to Europe's rich technology ecosystem.
Younited is an alumnus of IPOready, Euronext’s pre-IPO educational programme. IPOready helps fast-growing European companies planning to list on the stock market by providing their executive teams with exclusive tools and insight from industry leaders, advisors and experts, helping them prepare for their future IPO.
Charles Egly, Chief Executive Officer and Co-founder of Younited Financial, said: “Younited’s listing on Euronext Paris is a key milestone in the company’s history. Through the business combination with Iris Financial and the new listing, we are very well positioned to pursue innovation in the consumer lending market and seize market share. Younited has solid foundations, with a distinct technological edge, a clear strategy and an experienced management team to drive growth and attractive returns for shareholders going forward.”
Elizabeth Critchley, Chair of Younited Financial, said: “The combination of Younited with our established network of long-term capital providers and experienced financial investment professionals will drive attractive returns for shareholders going forward. The listing on Euronext Paris is a major step forward for Younited, with the group now benefiting from a robust balance sheet and enhanced visibility to seize market share.
Caption: Charles Egly, Chief Executive Officer and Co-founder of Younited, and his team rang the bell during a ceremony this evening, in the presence of Delphine d’Amarzit, CEO of Euronext Paris, to celebrate the additional listing of Younited on Euronext Paris.
CONTACTS
CONTACT EURONEXT – mediateam@euronext.com
France, Corporate Flavio Bornancin-Tomasella +33 1 70 48 24 45
CONTACTS YOUNITED
Media Relations Rumeur Publique younited@rumeurpublique.fr
Vanessa Marlier +33 6 16 59 51 16
Amanda Libercier Saldaña +33 6 18 98 49 37
Investors Relations InvestorRelations@Younited.com
About Younited
Younited is the leading instant credit provider in Europe. Constant innovation, cutting-edge technology and exceptional user experience have allowed over a million customers to have access to instant, simple and transparent credit to refurbish their home, go on vacation, buy a new smartphone, or bring any other project to life. Younited provides instant credit throughout the customer journey, shopping, or banking, online or in-store, with a single Younited customer experience. Younited operates in 4 European countries (France, Italy, Spain and Portugal). More information on https://www.group.younited.com.
[1] The total number of ordinary shares includes 20,000,000 shares held in treasury and does not include class B shares. Please refer to the Prospectus for full details.