• Bertelsmann’s Arvato-owned fintech Riverty officially opened Riverty Bank S.A. in Luxembourg.
• The bank provides a platform to expand Riverty’s payments business and consumer finance offering across Europe.
• Riverty plans to combine payments services with consumer lending in a single proposition for merchants and shoppers.
• Oliver Kuhaupt was appointed CEO of Riverty Bank, taking charge of operations, strategy execution, market development.
• Marc Pittig was named CFO, overseeing financial management, regulatory compliance, risk management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bertelsmann SE & Co KGaA published the original content used to generate this news brief on September 17, 2026, and is solely responsible for the information contained therein.