Fintech News | Fintech Zoom

Fellow Finance facilitated 18,4 M € of loans in December

In December Fellow Finance investors financed a record breaking amount of business and peer-to-peer loans worth over 18,4 million euros.

 

Cumulative loan volume grew over 360 million euros and the total number of investors grew to 10 772.

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 507 000 users from over 50 countries. It  is regulated by the Financial Supervisory Authority of Finland as an Authorized Payment Institution, and is listed on Nasdaq First North Finland and The Company has around 2900 shareholders.

Fellow Finance offers the most advanced marketplace lending platform in Europe. Both individuals and business can find funding for their needs in our platform and investors receive interest for their money lent. This makes us the only platform in eurozone which connects individuals, businesses and investors. Our growth has been rapid since our launch in 2013 and today we are the biggest marketplace lending platform in Northern Europe.

Fellow Finance is a Finnish fintech company founded in 2013 and started operating in 2014. We have grown to be international crowdfunding company and we have listed on the Nasdaq First North Finland marketplace. Fellow Finance Plc is an Authorized Payment Institution supervised by the Finnish Financial Supervisory Authority of Finland.

 

¹Measured by amount of financing facilitated. Source: Brismo Market Data (data accessed on 2 January 2019).

Aneta Larkins

Add comment