JITpay entered into an insolvency process that ended with the bankruptcy of the daughter companies.
Factoring services provider Jitpay is restructuring, with the aim of being acquired by its largest shareholder, Volksbank Brawo. This restructuring involves the bankruptcy of three Jitpay companies in Braunschweig: Jitpay GmbH, Jitpay Services GmbH and Jitpay Group Services GmbH. Although this measure has raised concerns in the industry, Jitpay assures that its operational business will […]