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.

(Reporting by Renee Maltezou; Writing by Angeliki Koutantou; Editing by Tom Hogue)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Apple, Google and others tell some foreign employees to avoid traveling out of the country
Opinion: Apple’s leadership exodus isn’t a crisis. It’s just smart transition planning
Opinion: AI is getting dangerously good at political persuasion
Cybersecurity experts warn that this browser extension is selling your chats with ChatGPT
New York to require social media platforms to display mental health warnings
Atos to sell Latin American businesses to Brazil's Semantix
Toys are talking back thanks to AI, but are they safe around kids?
Tesla faces NHTSA probe over Model 3 emergency door handles
Ghana arrests dozens of Nigerians over online fraud ring
German politician urges more face-to-face interaction in digital age

Others Also Read