Dynamic Credit starts investing through Fellow Finance
FELLOW FINANCE PLC PRESS RELEASE 22.2.2021 AT 3:00 PM
Dynamic Credit’s Diversified Loan Fund starts investing in consumer loans on Fellow Finance’s platform. Dynamic Credit is an innovative Dutch asset manager and direct lending firm, which has over 69,000 clients, € 10.5 billion of commitments and has offices in Amsterdam, New York and Jakarta.
Dynamic Credit and Fellow Finance have agreed on a co-operation where the Dutch asset manager will start investing in loans intermediated by Fellow Finance on behalf of its Diversified Loan Fund. The forward flow model agreed upon between the parties accommodates investments in consumer loans and provides the Diversified Loan Fund with access to good quality loans from this new asset class.
Dynamic Credit will utilise Fellow Finance’s lending platform. Fellow Finance lending platform operates in six different European countries and is headquartered in Helsinki, Finland. Fellow Finance intermediates business loans, trade receivables, purchase invoices and consumer peer to peer loans.
Antoni Airikkala, Director of Investor Account, says: “By using our platform Dynamic Credit is able to access new asset classes to diversify their investments portfolios even further. Dynamic Credit is a pioneer in direct lending which not only make us very proud of having been selected as their co-operation partner but their experience as an investor urges us to deliver our best as a platform. I’m very excited about the co-operation and having Dynamic Credit on board will keep the standards high in the future.”
Jorrit van Rijswijk, Dynamic Credit, says: ”We are happy to have onboarded Fellow Finance as an originator for our Diversified Loan Fund. Fellow Finance has proven that their sourcing and underwriting capabilities generate attractive returns, and we believe this investment is a good addition to our portfolio.”
Further enquiries
Antoni Airikkala: Director of Investor Accounts, Fellow Finance Plc, tel. +358 46 810 34 34
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. Read more at www.fellowfinance.com.
Dynamic Credit is an innovative asset management and direct lending firm. Founded in 2003, Dynamic Credit has over 69,000 clients, € 10.5 billion of commitments and has offices in Amsterdam, New York and Jakarta. Dynamic Credit Group comprises the asset management and direct lending firm Dynamic Credit, and the investor services platform LoanClear. Dynamic Credit is fully licensed and is regulated by Dutch, Irish and Indonesian financial market authorities. Read more at dynamiccredit.com.
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