Intermediation of new peer to peer loans and crowdfunded loans on Fellow Finance platform will end
FELLOW FINANCE PLC PRESS RELEASE 16.3.2022 AT 10:30 AM EETFellow Finance's general meeting has on 22 December 2021 approved the merger of Fellow Finance into Evli Bank Plc in accordance with the merger plan signed on 30 September 2021. The planned effective date of the merger is on or about 2 April 2022. The company formed in the merger ("Fellow Bank") will cease intermediating new peer to peer loans or crowdfunded loans on Fellow Finance platform. Fellow Bank will continue to service active and current loan investments normally and the cessation of intermediation does not require action