Greek financial technology provider Qualco plans Athens listing


A stock ticker shows stock options at the lobby of the Athens stock exchange building in Athens, Greece, August 20, 2018. REUTERS/Alkis Konstantinidis

ATHENS -Greece-based financial technology provider Qualco plans to launch an initial public offering to list its shares on the Athens Stock Exchange, it said on Tuesday.

Qualco, which offers software for the credit industry andhas operations in more than 30 countries, aims to raise up to 70 million euros from the share offering and use the proceedsto finance acquisitions in Greece or abroad and help grow its business, it said.

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