Fintech company Unifiedpost lists on Euronext Brussels

The offering raised €252 million through a private placement – market capitalisation of approx. €608 million
Second Belgian participant to the TechShare programme to list on Euronext Brussels

Brussels, 22 September 2020 – Belgium-based fintech company Unifiedpost (ticker symbol: UPG) today began trading on Euronext Brussels (Compartment B), with an initial market capitalisation of €608 million. Unifiedpost is the second Belgian alumni of TechShare, Euronext’s pre-IPO programme, to go public.

Based in La Hulpe (Belgium), Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services that allows real-time and seamless connections between Unifiedpost’s customers, their suppliers, their customers and other parties along the financial value chain. Since its founding in 2001, Unifiedpost has grown significantly, expanding to offices in 15 countries throughout Europe, with more than 350 million documents processed in 2019, reaching over 400,000 SMEs and more than 250 Corporates across its platform today.

The proceeds of this private placement will enable Unifiedpost to carry out its organic growth and buy-and-build strategy and further its presence in Europe as a leading fintech company.

The offering was a resounding success with qualified international and local investors. Unifiedpost was listed through the admission to trading of 30,401,990 shares. The admission and issue price of Unifiedpost’s shares was set at €20 per share. Market capitalisation was €608 million on the day of listing. The offering raised €252 million altogether.

Hans Leybaert, Founder and Chief Executive Officer of Unifiedpost, commented: “This is truly an exciting day for Unifiedpost Group. With the strong foundations we built over the last 20 years, we are now ready to grow and expand further. I am grateful to our staff for their hard work and commitment, and to the investors for their trust and believe in Unifiedpost. ”

Unifiedpost

To celebrate Unifiedpost’s first trading day, Hans Leybaert, Founder and Chief Executive Officer, rang the bell to open the markets in Brussels today.

About Unifiedpost
Unifiedpost Group's mission is to simplify administrative and financial processes with smart digital solutions.
Unifiedpost believes that companies want to digitise and optimise the different steps of their administrative and financial value chain: from contract to invoice, from invoice to paid invoice and from payment to other related processes, such as the financing of an invoice. This requires a reliable platform that has the ability to connect the different economic actors (customers, suppliers, financial institutions, governments, accountants, etc.).
Unifiedpost has the ambition to become the leading cloud platform for document, identity and payment services for SMEs.

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About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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