Ferratum puts the bank in your pocket
Sometimes an idea is so good the world can’t help but take notice.I studied how Muhammad Yunus introduced microfinancing to the Indian subcontinent, and thought the principle was such a good idea that it should be brought to Europe,” says Jorma Jokela, CEO of Ferratum. “Muhammad Yunus’ idea went on to win the Nobel Peace Prize!” Ferratum has come a long way since it first began offering consumer microloans in 2005. They have obtained a full European banking license, were listed on the Frankfurt Stock Exchange and expanded to business loans. Yet Ferratum had no intention of settling down