Ferratum Oyj : Ferratum starts operations in Canada
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Ferratum Oyj : Ferratum starts operations in Canada
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Helsinki / Berlin, 30 January 2015 - Ferratum Oyj (together with its
consolidated subsidiaries hereafter "Ferratum Group" or "Ferratum"), an
international provider of mobile consumer loans, launched its business in Canada
today. The market entry in Canada is part of Ferratum's growth strategy that
calls for operations to be expanded to a total of 30 countries in the mid-term.
With the launch of Ferratum's services in Canada, the company is currently
active in 20 countries worldwide.
Jorma Jokela, founder and CEO of Ferratum Group, comments: "With the market
entry in Canada, we have taken the next step and are consistently continuing our
growth strategy. At the same time, we are also preparing to launch our business
in Italy, France, Norway and Turkey. We are excited about being able to operate
in Canada where we see attractive market potential."
About Ferratum Group:
The Finnish Ferratum Group, a pioneer for mobile micro credits in Europe, offers
short-term consumer loans. Ferratum's customers can utilize digital media to
apply for consumer credit in amounts varying between EUR 25 and EUR 2,000.
Managed by its founder Jorma Jokela, Ferratum has expanded rapidly since it was
founded in 2005: Ferratum has 1.0 million active and former customers who have
been granted one or more loans in the past and 2.8 million total user accounts
in its database (as of 31 December 2014). In the fiscal year 2013 revenues
amounted to EUR 58.2 million with an EBIT margin of 12.6%. Ferratum is
represented in 20 markets (including Canada) and employs more than 350 people.
Contact:
Ferratum Group
Dr. Clemens Krause, CFO
T: +49 30 88715308
F: +49 30 88715309
M: clemens.krause(at)ferratum.com
cometis AG
Henryk Deter | Mariana Kuhn
T: +49 611 20 58 55-61
F: +49 611 20 58 55-66
M: kuhn(at)cometis.de
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Source: Ferratum Oyj via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Datum: 30.01.2015 - 07:32 Uhr
Sprache: Deutsch
News-ID 368033
Anzahl Zeichen: 2830
contact information:
Town:
Helsinki
Kategorie:
Business News
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