Peter Ottosson new CFO in FundedByMe AB*

Peter Ottosson, board member of FundedByMe, takes over from Emma Levén in the role of CFO. Ottosson will resign his role as a board member at the Annual General Meeting in May and intends to be replaced. Proposals for a new board member will be proposed by the nominating committee in the upcoming notice.

Peter has a background from Nasdaq as senior financial controller and from similar roles at companies like Storytel and Bisnode. Peter has also been Head of Accounting at the insurance company PP Pension and at Europcar, and he also holds experience from various industries at both large and smaller companies. Peter is an economist with a degree from both the Stockholm School of Economics and Linköping University.

“It is with great pleasure and new energy that I look forward to taking on the role of CFO at FundedByMe. My background as a self-employed and my interest in entrepreneurship makes it extra fun to work at a company like FundedByMe. I also believe that my knowledge of finance and my broad experience in various finance manager roles will come to great use in FundedByMe,” says Peter Ottosson

“Emma has been a very strong hand at the helm during our company's journey to the stock exchange and during the first year as a listed company. Emma and I have worked very closely, both during and after our listing, through the consolidation of Laika with FundedByMe, during the work to stabilize the company and during this corona crisis. We are super excited about Emma's upcoming career steps but will miss her ambition, passion, and love for crowdfunding, but at the same time look forward to this new period that our company is stepping into. Our goal is to become profitable within a reasonable time, a plan that maybe is somewhat delayed now due to the ongoing corona crisis,” says Daniel Daboczy, CEO FundedByMe

FundedByMe recently presented the figures for the second half of 2019, where earnings improved by almost SEK 18 million compared to the first half of the year (adjusted for non-recurring items, SEK 14 million, better results in H2 than H1). A large part of the improvement can be explained by lowered costs, but synergies and focusing on the businesses are another important part.

 *English translation for convenience only

For further information, please contact:
FundedByMe Crowdfunding Sweden AB
Daniel Daboczy, CEO
Mobile: +46 (0) 73 6269985
Email: daniel@fundedbyme.com

About FundedByMe
FundedByMe is a tech company, focusing on the financial markets. Today the company offers a digital and global platform for financial support for startups and growth companies around the globe. Customers sign up online where they are able to book their investment interest in different companies. The company consists of FundedByMe.com, Feminvest and Laika Consulting, as well as 6 joint ventures in Finland, Malaysia, Singapore, Poland, The Netherlands, and Dubai/UAE. Together the group reaches over 269,000 registered investment members globally. For more information visit www.fundedbyme.com

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