Eight Advisory supported Younited  in connection with its combination with Iris Financial and its trading admission of the shares of the new Group – Younited Financial on Euronext Amsterdam and Euronext Paris which will be effective in the coming days

Eight Advisory congratulates Younited SA, a consumer credit business and a leading European instant credit provider on its business combination with Younited Financial, a Special Purpose Acquisition Company (SPAC), listed on Euronext Amsterdam and focused on the financial services sector. Upon completion of the combination by way of a contribution, the newly formed group– Younited will be listed on Euronext Amsterdam and Euronext Paris. We are very proud and happy to have supported this leading European consumer credit company at this strategic stage of its development.

Younited is a leading licensed consumer credit business with over 1.2 million customers across the EU since its inception. Younited leverages a powerful technology platform with state-of-the-art APIs and artificial intelligence to build a scalable pan-European instant credit platform, transforming the consumer loan market and helping European households reach financial wellbeing.

Younited employs approximately 520 people and operates in 4 countries (France, Italy, Spain and Portugal) with over half of its loans originated outside of France in 2023.

As of the end of December 2023, Younited had financed approximately €6 billion in loans. Customers can access Younited’s products through two acquisition channels: directly and via its merchant and financial partners, both representing approximately 50% of gross merchandise value in 2023.

Younited has completed this business combination and upcoming listing on Euronext Amsterdam and Euronext Paris in order to significantly increase its Core Equity, pursue and accelerate its growth strategy, and further extend its leading position as one of Europe’s leading instant credit providers.

Eight Advisory team members supporting this transaction:

• Financial advisory: Myriam Montillot (Partner), Arthur Marais (Manager), Antoine Du (Manager).