checkAd

    DGAP-News  518  0 Kommentare Ferratum Capital Germany GmbH: Ferratum launches its new marketplace lending (P2P) - Seite 2


    additional countries it can be offered for institutional investors as well.
    Jokela on the relevance of P2P Lending for Ferratum: "This is an important
    strategic step for us, as marketplace lending is not limited by balance
    sheet restrictions. This allows us to develop the lending product
    portfolio, comprising higher volume and longer term credits in the very
    near future."

    Peer-to-Peer lending is already a very established asset class with
    FinTechs playing a major role in establishing this market. Institutional
    investors have been using consumer loans for decades, not only to generate
    attractive returns, but also to diversify investments from bonds and
    stocks. It helps to reduce portfolio risk, as consumer loans correlate only
    marginally with most other asset classes.


    About Ferratum Group:

    The Finnish Ferratum Group, a pioneer in mobile consumer loans in Europe
    offers short-term consumer loans for private customers. Ferratum's
    customers can utilize digital media to apply for consumer credit in amounts
    varying between EUR 25 and EUR 3,000. Moreover, Ferratum offers successful
    small businesses installment loans with a term of six to twelve months.
    Managed by its founder Jorma Jokela, Ferratum has expanded rapidly since it
    was founded in 2005: Ferratum has more than 1.3 million active and former
    customers who have been granted one or more loans in the past and 3.9
    million total user accounts in its database (as of 31 March 2016). Ferratum
    is represented in 23 markets. The IPO in February 2015 was followed by the
    introduction of the Ferratum shares to the SDAX index in June 2015.


    Contacts:

    Ferratum Group
    Dr. Clemens Krause, CFO
    T: +49 30 88715308
    F: +49 30 88715309
    M: clemens.krause@ferratum.com

    Ferratum Group
    Paul Wasastjerna
    Head of Investor Relations
    T: +358 40 7248247
    F: +358 20 741 1614
    M: paul.wasastjerna@ferratum.com

    cometis AG
    Henryk Deter | Maximilian Breuer
    T: +49 611 20 58 55-22
    F: +49 611 20 58 55-66
    M: breuer@cometis.de


    ---------------------------------------------------------------------------

    28.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Archive at www.dgap.de

    ---------------------------------------------------------------------------

    474839 28.06.2016
    Seite 2 von 2



    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-News Ferratum Capital Germany GmbH: Ferratum launches its new marketplace lending (P2P) - Seite 2 DGAP-News: Ferratum Capital Germany GmbH / Key word(s): Product Launch Ferratum Capital Germany GmbH: Ferratum launches its new marketplace lending (P2P) 28.06.2016 / 07:30 The issuer is solely responsible for the content of this announcement. …