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sur Payments Group Holding (ETR:DE000A1M)

Payments Group Holding Boosts Stake in AuctionTech to 35%

The Payments Group Holding (PGH) is set to increase its stake in AuctionTech to 35% in January 2026 through converting convertible loans valued at approximately 1.2 million EUR. This move follows AuctionTech’s anticipated revenue growth of 40% in 2025 and a promising 60% in the latter half of the year.

AuctionTech, a Berlin-based provider of digital bidding solutions for real estate markets, operates PropNow.com. This platform is the leader in digital bidding in Germany, Austria, and Switzerland, with completed transactions exceeding 2 billion EUR. It enables faster sales closings and higher sales prices, enhancing process transparency and efficiency.

PropNow functions in ten European countries with services in seven languages. Christoph Gerlinger, CEO of PGH, expressed satisfaction with the robust growth of their largest investment, emphasizing the strategic advantage within their VC portfolio.

R. H.

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