TrustBuddy launches in Spain - more than triples its market segment and target group

TrustBuddy International AB
Company Announcement

TrustBuddy launches in Spain - more than triples its market segment and target
group

Stockholm, 2013-01-18 11:08 CET (GLOBE NEWSWIRE) -- One of the key countries
targeted by TrustBuddy has been Spain, and TrustBuddy has just officially
opened for business on its Spanish platform. 

TrustBuddy established its Spanish presence back in the fall of 2012, with a
local HQ in Barcelona. TrustBuddy has also developed/adapted a new structure
for credit worthiness and credit control, which further ensures the security of
the lender funding. Just as with the recent soft launches of the TrustBuddy
platforms in Denmark and Finland, TrustBuddy will initially be  restrictive and
review the local results carefully before boosting its services on a normal
basis. There has already been a soft-launch test phase, with highly satisfying
results. The P2P platform will be generating revenue from January 2013. 

TrustBuddy evaluates the market potential in Spain as excellent. A successful
launch in Spain will more than triple the total market potential for
TrustBuddy. Further details on the Spanish market and TrustBuddy's presence
will be issued later. 

As previously stated, TrustBuddy is working with a series of new launches, and
will be reporting on these through separate market updates. 

För ytterligare information, vänligen kontakta:

Jens Glasø, VD, TrustBuddy International AB (publ)

+47 40 40 47 50,  

http://trustbuddy.com/

http://trustbuddyinternational.com/





About TrustBuddy International AB (publ)

TrustBuddy International AB (publ) is one of the first in the world to focus on
arranging loans and capital provision between buddies in Scandinavia in an
organised manner. The company is listed at NASDAQ OMX First North in Stockholm.
Mangold Fondkommission AB is TrustBuddy International AB (publ):s Certified
Adviser and market maker, contact number: +46 8-503 015 50.
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TrustBuddy launches in Spain - more than triples its market segment and target group