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sur Payments Group Holding (ETR:DE000A1M)

PGH Group Initiates AI Company Builder in Munich

Frankfurt/Main, 24 March 2025 – The Payments Group Holding (PGH) has announced the launch of 'AI Product Factory,' a new company builder initiative in collaboration with AI experts in Munich. As a subsidiary of German AI Projects GmbH, this venture focuses on developing various AI apps using pioneering technologies, including DeepSeek's open-source model. The project highlights low capital expenditure with promising profitability prospects.

PGH's CEO, Christoph Gerlinger, views the risk-reward profile as highly attractive, aligning with PGH's expansion strategy. The initiative is expected to augment PGH's value, pending its majority stake acquisition in The Payments Group.

Despite this focus on AI, PGH's primary interest remains in PayTech and aims at profitable growth through acquisitions, like the impending acquisition of The Payments Group, enhancing its position in prepaid financial solutions.

R. H.

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