Fellow Finance platform facilitated 8,3 million euros of loans in April
FELLOW FINANCE PLC PRESS RELEASE 5.5.2020 AT 8:30 AM
In April, Fellow Finance investors funded business and peer-to-peer loans worth of 8,3M€. Cumulative loan volume grew over 612 million euros and the total number of investors grew to 15 987. Check the real-time peer-to-peer lending statistics on our website: www.fellowfinance.com/for-investor/statistics.
The performance of business and consumer loans, intermediated by Fellow Finance, during the COVID-19 pandemic can be followed on the company's website: https://www.fellowfinance.com/for-investor/statistics. The return index takes into account payment behaviour including gained interest on invested capital, realized credit losses and the changes in the credit loss reservation.
Fellow Finance Plc launched its operations in 2014 and it is an internationally active and growth-oriented FinTech group that provides crowdfunding services for people and businesses. Fellow Finance is the leading¹ Nordic loan-based crowdfunding and peer-to-peer lending platform which has over 850 000 users from around 70 countries. Fellow Finance Plc is regulated by the Financial Supervisory Authority of Finland as an Authorized Payment Institution. Fellow Finance Plc is listed on Nasdaq First North Growth Market Finland and The Company has around 2 500 shareholders.
¹Measured by the amount of financing facilitated. Source: Brismo Market Data (data accessed on 5 May 2020).
Jouni Hintikka, CEO, Fellow Finance Plc, email@example.com, +358 40 585 5009
Certified advisor, Evli Bank Plc, tel. +358 40 579 6210