Finland based peer to peer lender Fellow Finance announced last week that it facilitated €18.2 million of loans in March 2019 and its total number of investors grew to more than 12,000. As previously reported, Fellow Finance was founded in 2014 and its main business activity is crowdfunding and peer-to-peer lending services. The company states that by volume it is the leading loan-based crowdfunding and peer-to-peer lending service in the Nordics.
“Fellow Finance offers the most advanced crowdfunding platform for people and businesses. The borrower can apply a loan fitting their needs and the investor can receive reasonable interest returns for the money lent. Fellow Finance offers a secure and safe online marketplace for lending and borrowing. Fellow Finance Plc is regulated by the Financial Supervisory Authority of Finland as an Authorised Payment Institution. Fellow Finance Plc is listed on Nasdaq First North Finland.”
Fellow Finance also claims it is the leading¹ Nordic loan-based crowdfunding and peer-to-peer lending platform which has over 560,000 users from around 60 countries. The platform is regulated by the Financial Supervisory Authority of Finland as an Authorized Payment Institution. Fellow Finance is listed on Nasdaq First North Finland and has around 2800 shareholders.