15.8M€ worth of loans were facilitated in March
FELLOW FINANCE PLC PRESS RELEASE 1.4.2021 AT 9:00 AM
In March, Fellow Finance's loan investors funded business and consumer loans worth of 15.8M€. The cumulative loan volume grew to 734 million euros and the total number of loan investors to 17 604 customers during March.
The real-time statistics of the service, including the return development, can be followed on the company's website www.fellowfinance.fi/investor/investor-statistics. The return development considers borrowers' payment behaviors including gained interest on invested capital, realized credit losses and the changes in the credit loss reservation.
Teemu Nyholm: CEO, Fellow Finance Plc, firstname.lastname@example.org, tel. +358 50 577 1028
Certified advisor: Evli Bank Plc, tel. +358 40 579 6210
Fellow Finance Plc is a loan-based crowdfunding and peer-to-peer lending platform. The company’s mission is to transform the traditional financing and payments to direct transactions between people and businesses. Fellow Finance has intermediated consumer and business financing of more than 700 million euros in Finland, Sweden, Denmark, Germany, Poland and Czech Republic and served more than 900 000 customers. The company is regulated by the Financial Supervisory Authority of Finland as an Authorized Payment Institution and listed on the Nasdaq First North Growth Market Finland. www.fellowfinance.com.