29 January 2025

British Orbian bought a Czech start-up

finance1

Roger, a Brno-based fintech start-up dealing with factoring, will come under Orbian, one of the biggest players in the field of production capital optimization. Roger has been cooperating with Komerční banka, which owned a 25% stake, since 2020. Now 100% of Roger will be owned by Orbian. The parties have decided not to disclose the value of the transaction, but part of it is the acquisition of the shareholders' stake within Orbian.

Start-up Roger has financed CZK 38 billion to 1,300 customers in its 13-year history, including CZK 13 billion last year. Its new owner has profiled over five million invoices in 18 years and by buying Roger intends to penetrate the Central European market.