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Linedata Services acquires fellow French fintech firm Loansquare

France-based Linedata Services SA said Jan. 7 that it completed the acquisition of Loansquare SAS, a French startup that operates a digital platform aimed at setting up and managing commercial loans.

Terms and conditions of the deal were not disclosed. The Loansquare platform will interoperate with Linedata's Uniloan, Capitalstream and Ekip platforms, which offer commercial and syndicated loan servicing; commercial loan origination and risk management; and global leasing, car finance and consumer loan solutions, respectively.