Following the sale, which is subject to regulatory approval, the group will concentrate its resources on its primary classifieds platforms in Romania: OLX, Storia, and Autovit.ro. The group had owned KIWI Finance since 2020.
KIWI Finance is a key player in the Romanian credit brokerage market, holding a 10% market share in new mortgage origination. Over the years, the company has facilitated loans for hundreds of thousands of clients and established strategic partnerships with 80% of Romanian banks.
Anca Bidian, CEO of KIWI Finance, stated: "We have strong alignment in both development plans and organisational culture with Partners Group, and we are determined and motivated to ensure the same quality standards for our clients, the same strong leadership in the credit brokerage industry, and to remain the same solid and reliable partner to our partner banks."
Last year, KIWI Finance reported credit brokerage revenues exceeding €9 million, with a total mediated loan volume surpassing €400 million.
Since its inception, KIWI Finance has brokered loans worth over €3.1 billion and operates in 38 cities across Romania.
