topi, a German FinTech startup whose platform allows retailers and producers to supply IT {hardware} subscriptions to enterprise prospects, has been acquired by the US finance platform PEAC Options.
The acquisition will additional develop PEAC Options’ suite of on-line finance choices in addition to their capabilities within the quick rising ‘{Hardware} as a Service’ (HaaS) phase of the asset finance market.
“We’re excited to hitch the PEAC Options household,” mentioned topi CEO and Co-founder, Charlotte Pallua. “By combining topi’s modern and simple to make use of instruments with PEAC Answer’s monetary energy, specialised market data and community, I’m assured that we are going to ship much more worth to OEMs, resellers and enterprise prospects.”
Based in 2021 by Charlotte Pallua and Estelle Merle, the topi platform permits enterprise prospects to accumulate IT {hardware} and smartphones, offering a substitute for money purchases and extra conventional lending choices. This suite of modern API-based instruments could be built-in at a service provider’s level of sale, whether or not a web-based web-shop, call-center or bodily retail retailer location.
PEAC Options intends to deploy these instruments throughout their in depth worldwide community and in shut session with their OEM and reseller companions.
Going ahead, topi will proceed to function from its headquarters in Berlin, Germany, the place it would service its present portfolio of rental prospects in Germany, Austria, the Netherlands, and Belgium. This strategy seems to make sure continuity for topi prospects, companions, and workers, whereas additionally benefiting from PEAC Options’ international scale and monetary energy.
“The continued transformation of our trade in the direction of ‘as a service’ based mostly subscription fashions is plain,” commented William Stephenson, World CEO of PEAC Options. “We’re assured that this strategic acquisition of topi can be a large differentiator for PEAC Options. It can enable us to ship an modern answer to our companions and prospects, and it’ll play an integral position within the formidable progress technique that we’ve for the know-how sector and different goal markets.”
PEAC Options is a number one multinational asset finance platform specialising in offering finance options to tools producers, distributors, and sellers throughout a variety of industries and asset lessons.
With a powerful give attention to customer support, PEAC Options presents lease and mortgage merchandise that allow companies to entry the tools and know-how they should improve productiveness and progress.
