17.7M€ worth of loans were facilitated in August
FELLOW FINANCE PLC PRESS RELEASE 1.9.2021 AT 3:20 PM
In August, Fellow Finance's loan investors funded business and consumer loans worth of 17.7M€. The cumulative loan volume grew to 821 million euros and the total number of loan investors to 18 445 customers.
The 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
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 800 million euros in Finland, Denmark, Germany and Poland and served more than 950 000 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.