Baloise strengthens its ecosystems with a stake in KUNO
EQS Group-Ad-hoc: Baloise Holding AG / Key word(s): Miscellaneous Basel, 18 May 2021. Baloise is investing in Berlin-based start-up KUNO GmbH, which provides financial and HR administration services for companies. KUNO offers established companies and start-ups a full range of back office management services - including finance and accounting, controlling and reporting, HR management and payroll - from a single source. The investment in KUNO allows Baloise to better support the companies within its ecosystems and to add an additional component to the service offering for portfolio companies, thereby taking its ecosystems to the next level. Baloise is acquiring a minority stake in KUNO, a service provider offering an integrated, fully digital solution for administrative tasks in the field of financial and HR management. For small businesses and smaller medium-sized companies, finance and HR processes can be complex and inefficient and may require significant manual effort. Furthermore, processes are very often insufficiently integrated, resulting in significant cost and effort for companies. KUNO aims to solve this problem by offering a full range of back office services from a single source through its proprietary platform. The company was founded in January 2021 with the help of finleap, Europe's leading fintech ecosystem, and is based in Berlin. Further information About KUNO GmbH Contact End of ad hoc announcement |
Language: | English |
Company: | Baloise Holding AG |
Aeschengraben 21 | |
4002 Basel | |
Switzerland | |
Phone: | +41 61 285 85 85 |
Fax: | +41 61 285 70 70 |
E-mail: | media.relations@baloise.com |
Internet: | https://www.baloise.com |
ISIN: | CH0012410517 |
Listed: | BX Berne eXchange; SIX Swiss Exchange |
EQS News ID: | 1197531 |
End of Announcement | EQS Group News Service |
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1197531 18-May-2021 CET/CEST