Mikro Kapital aims to supporting micro and small entrepreneurs lending, financial and operational leasing, and other micro-financing activities worldwide, with a focus on Europe, Middle East and Africa and Asia-Pacific. Their securitization funds acquire risks connected to equity and debt of microfinancing companies, small financial institutions, leasing companies, sharing economy participants, banks or credit cooperatives.

EDB will provide Mikro Kapital with paying agent services in issuing further bonds. As part of Apex Group, EDBoffers paying agency, registrar and transfer agency services on new money Eurobonds as part of its comprehensive suite of services for capital markets transactions across syndicated loan, corporate bond and securitization markets.

As part of global financial services provider Apex Group, EDB is one of the largest independent providers of depositary services in Europe for regulated UCITS and alternative funds, with over $160bn of Assets under Depositary (as of May 31, 2022).

This latest news follows the recent appointment of David Claus as CEO of EDB, and the roll out of Digital Banking services for institutional clients.

Jean-Daniel Zandona, Regional Head, Business Development at Apex Group comments: “EDB’s banking capabilities are a powerful differentiator for Apex Group, offering clients all the services they need, delivered locally but available globally and underpinned by best-in-class, scalable technology platforms. As access to debt becomes restricted, alternative lenders such as Mikro Kapital will play an essential role in financing the sustainable growth in the real economy. We look forward to supporting the Mikro Kapital team with paying agency services for their future bond issuances.”

Johannes Feist, CEO of Mikro Kapital further comments: “Drawing on the experience of the wider Apex Group, we have been impressed by EDB’s capital markets experience and track record of supporting securitizations. We are delighted to appoint EDB as our paying agent for future bond issuances, in recognition of their standout credentials as an independent provider free from institutional influences, that can deliver an agile and responsive cross-jurisdictional service in an everchanging regulatory environment.”