Fellow Finance expands in to Denmark

By George Geddes on 23rd January 2019

P2P/Marketplace Lending

The expansion enables its users access to lending in Sweden, Germany, Poland, Finland and now Denmark.

Fellow Finance expands in to Denmark

Peer-to-peer lender Fellow Finance has expanded to Denmark, enabling its users access to invest in loans across five countries.

Having expanded in to Sweden in June last year, Fellow Finance’s Danish lenders can diversify their portfolios with Swedish, German, Polish and Finnish business and consumer loans. Fellow Finance is the only service which offers investment opportunities in to both business and consumer across five countries, according to the platform.

Finnish-based Fellow Finance was founded in 2014 with an objective to transform the traditional balance sheet bank lending to direct lending between individuals and companies. The platform has over 510,000 customers in over 50 countries using its services.

Jouni Hintikk, CEO at Fellow Finance, said in a statement: “The expansion to the Danish market makes it possible for Danish consumers to look for the best offers and lowest rates easily with the current 11 000 platform lenders. At the same time the investors using our platform can already diversify their investing portfolio to five different consumer loan markets in Europe and to business funding in Finland."

The platform says it is also planning to open business funding for small to medium size enterprises in Denmark in the future.

Comments

Crypto Investor Forum

Whilst the future for cryptocurrency may be uncertain, there still remains a growing demand for the digital assets. AltFi looks to host its first crypto-forum, discussing a variety of topics within the crypto market, including:

27th February 2019


Companies in this Article:

Fellow Finance

More like this:

Zopa shakes up board ahead of bank launch

14th February 2019
Roger Baird

Assetz Capital tops £700m lending milestone

15th February 2019
Roger Baird

iwoca raises £150m in equity and debt capital

18th February 2019
Daniel Lanyon