DGAP-News

4finance receives Consumer Credit license approval in Sweden

DGAP-News: 4finance S.A. / Key word(s): Regulatory Approval
4finance receives Consumer Credit license approval in Sweden

26.09.2016 / 13:12
The issuer is solely responsible for the content of this announcement.

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4finance receives Consumer Credit license approval in Sweden

Riga, Latvia, 26 September 2016. 4finance Holding S.A. (the "Group"),
Europe's largest online and mobile consumer lending group, announces that
its Swedish subsidiary, 4finance AB, has received approval from the
Finansinspektionen, the Swedish financial supervisory authority, for its
Consumer Credit company license.

The Swedish FSA took over regulatory responsibility for consumer lenders in
2014 and has since undertaken a thorough review of 4finance AB's processes
and procedures as part of a cross-industry licensing process. The license
takes effect immediately and enables 4finance AB to continue to serve its
www.vivus.se and www.onea.se customers in Sweden without interruption.

George Georgakopoulos, CEO of 4finance, commented:

"We are pleased to have secured this Consumer Credit license approval from
the Swedish FSA after an extensive review process. We are now licensed by
the main financial supervisory authorities in six of our countries of
operation, with licenses from other government agencies in a further three
countries. This demonstrates 4finance's commitment to responsible lending
and we continue to support appropriate regulation in all of our global
markets."


For more information, please contact:



4finance (Investor Email: [e-mail]
Relations)
James Etherington [phone]

Instinctif Partners Email: [e-mail]
(International Media)
David Simonson [phone]
Mark Walter



Notes to Editors

4finance is Europe's largest and fastest growing online and mobile consumer
lending groups with operations in 16 countries globally. Putting innovative
data-driven analysis into all aspects of the business, 4finance has grown
rapidly, issuing over EUR 3.5 billion to date in single payment loans,
instalment loans and lines of credit.

4finance operates through a portfolio of market leading brands with strong
regional presence including Vivus, SMSCredit and Zaplo. A responsible
lender, offering simple, convenient and transparent products and service,
4finance is meeting growing customer demand from those under-served by
conventional lending.

Established in 2008, 4finance has group offices in Riga (Latvia), London
(UK) and Miami (USA), and operates in Argentina, Armenia, Bulgaria, the
Czech Republic, Dominican Republic, Denmark, Finland, Georgia, Latvia,
Lithuania, Mexico, Poland, Romania, Slovakia, Spain and Sweden. www.
4finance.com


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26.09.2016 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.

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505489 26.09.2016