Alpha Services and Holdings S.A.

M&A Activity • Aug 5, 2025

Completion of the acquisition of FlexFin Ltd. [05.08.2025]

Further to its Announcement of 28 January 2025, Alpha Bank S.A. («Alpha Bank»), announces that its fully controlled subsidiary Alpha Holding S.A. («Alpha Holding»), completed the acquisition of 100% stake in FlexFin Ltd, 100% parent company of FlexFin S.M.S.A. («FlexFin»).

Flexfin is the first fintech company active in the provision of factoring services in Greece and Cyprus, specializing in liquidity solutions tailored to small and medium-sized businesses. Through its innovative platform, which offers convenience, speed, flexibility and transparency, Flexfin has established itself as a benchmark for SME financing.

Alpha Bank intends to merge its Greek factoring operations undertaken by ABC FACTORS and Flexfin, both fully controlled subsidiaries of Alpha Holding, under one corporate entity, subject to obtaining all necessary regulatory approvals and consents.

ABC FACTORS holds a leading position in the Greek Factoring market with stable and dynamic growth. It has collaborated with more than 2.200 Greek companies in a broad range of sectors of the Greek economy and has managed trade receivables for more than 16.000 companies – buyers in Greece.