The name of the company is expected to officially change at the general assembly in November. Duna House, founded as a family business in 1998, has long outgrown the Hungarian Duna House brand, DH Group co-founder and CEO Guy Dymschiz said, adding that it already operates several sub-brands such as Credipass, Metrohouse or Primse.com.

Today, it is primarily an international financial group, he said. The DH Group is active in four European countries with a network of more than 5,000 employees.

More than 70% of its consolidated revenue comes from foreign markets, and more than 80% of its adjusted EBITDA is generated in the financial intermediation segment, they said in the statement.

In line with its strategy outlined until 2029, the DH Group will enter 2-4 new European markets and make 3-5 strategic acquisitions, they added.