London financial health platform expands overseas with acquisition of Spanish competitor

A London financial health platform has announced that it has agreed on the acquisition of its Spanish counterpart as it expands overseas.

Hastee, an ‘earnings on demand’ company, will be acquiring Typs, its Spanish equivalent, to accelerate growth across Southern Europe and beyond.

The deal, which is for an undisclosed amount, combines the two earnings on demand companies to create a group that will support people and organisations across the UK and Europe.

Hastee currently works with organisations including the NHS, Mitchells & Butlers plc, and London City Airport.

James Herbert, the founder and CEO of Hastee, commented: “The financial health crisis affecting the workforce is not restricted to the UK, and it has always been our mission to support employees and organisations internationally.

“In Typs we have found a great team who share both our values and mission, and a complementary organisation that provides a foothold in Southern Europe to accelerate our expansion across Europe and beyond.”

Jaime Jimenez, CEO and co-founder of Typs, said: “Joining forces with Hastee will truly benefit our clients and their employees.

“We are now positioned to implement our leading financial wellbeing solutions internationally, providing employees with access to the most comprehensive set of tools and resources to help avoid financial stress, and provide the most value to their organisations.”

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