DGAP-News

Ferratum Oyj: Ferratum is executing on its planned initiatives and aligning the leadership accordingly - Seite 2

Saku Timonen, CCO of the Group commented:

"With hard work from the team and utilizing new tools for analytics, we are already able to see positive developments in our marketing efficiency and thus remaining competitive in changing market environments. Within the last year, we have been able to increase our marketing ROI by more than 50%, decrease our cost per application by 45%, and reduce our overall marketing spend, but at the same time the new customer number not being negatively affected."

About Ferratum Group:

Ferratum Group is an international provider of mobile banking and digital consumer and small business loans, distributed and managed by mobile devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum has expanded rapidly to operate in 23 countries across Europe, Africa, South and North America, Australia and Asia.

As a pioneer in digital and mobile financial services technology, Ferratum is at the forefront of the digital banking revolution. Ferratum's mobile bank, launched in 2016, is an innovative mobile banking platform offering a range of banking services, including real time digital payments and transfers, within a single app. It is currently available in four European markets. Ferratum has approximately 784,000 active customers that have an open Mobile Bank account or an active loan balance in the last 12 months (as at 30 June 2019).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

Ferratum Group Bernd Egger Chief Financial Officer T: + 49 173 793 1235 E: [e-mail]	Ferratum Group Emmi Kyykkä Head of Group Communications & Investor Relations T: [phone] E: [e-mail]
Ferratum Group